New legislation will require independent scrutiny of pre-pack sales where connected parties are involved, it has been announced.Continue reading
Category Archives: SMEs / Business
Businesses to have access to free service to help resolve disputes with banks
Small and medium-sized enterprises (SMEs) will have access to a new independent service to assist in resolving disputes with banks.Continue reading
One in five small businesses not entitled to financial support, FSB reveals
As many as one in five small businesses and sole traders are not entitled to financial support under the Government’s coronavirus support package, it has been revealed.Continue reading
Are you prepared for the new VAT reverse charge for the construction industry?
The last year has been challenging for many businesses, and the impact of the coronavirus pandemic has been keenly felt by the construction industry. But it is important to keep on top of future plans, particularly with the delayed VAT reverse charge rules for the construction industry set to come into force on 1 March 2021.Continue reading
CJRS: Annually paid directors may now be eligible for furlough claims
Small company directors that were not able to claim under the Coronavirus Job Retention Scheme (CJRS) because they paid themselves an annual salary in March 2020 may now be eligible to claim under the scheme.Continue reading
Late payments: Large businesses to pay small firms within 30 days under Prompt Payment Code
The Government has confirmed that large businesses that have signed up to the Prompt Payment Code (PPC) must pay small businesses within 30 days.Continue reading
Is your business ready for 2021? Get set for the year ahead with forecasting, budgeting and effective cash flow management
Businesses have faced a number of unexpected challenges over the past year, with the coronavirus pandemic having an unprecedented impact on our lives. With England now in national lockdown once again, it’s more important than ever to ensure that your business is ready for 2021.Continue reading