Progress update on late payments, tax administration, finance access and apprenticeships The government has published a one-year-on update to its Small Business Plan, which is intended to support small and medium-sized business to start, scale and grow. Key highlights from the report include: Late payment The Small Business Protections Bill was laid before Parliament in […]
Businesses may face changes to how they pay tax The government has published a consultation on proposals that will require most VAT-registered businesses and employers to pay VAT and PAYE liabilities by Direct Debit. The aim is to reduce late payment and simplify the payment process. HMRC consider that automating the payment process by requiring
Mandatory Direct Debit proposed for VAT and PAYE payments Read More »
Can Cyber Essentials help make your business more secure from online threats? Cyber Advisors are offering free 30-minute consultations to help small businesses get started with cybersecurity. As smaller businesses become more frequently targeted, the National Cyber Security Centre (NCSC) is reiterating the need for them to be more robust in their approach to digital
Free, hands-on cyber consultancy available for SMEs Read More »
€3 fixed customs duty will apply Starting 1 July 2026, a fixed customs duty of €3 will be applied to small parcels valued at less than €150 exported to the EU. The rate will be applied to all goods exported to the EU by non-EU businesses that are registered in the EU’s Import One-Stop Shop
Export to the EU: Low-value parcel rules change on 1 July Read More »
ICO publishes final guidance The Information Commissioner’s Office (ICO) has published final guidance on the new ‘charitable purposes soft opt-in’ provision introduced by the Data (Use and Access) Act 2025. The provision means that charities can send direct marketing by electronic mail, including emails, texts and direct messages on social media, to people who
Data law change relaxes consent rules for charities Read More »
Farmers and other red diesel users to also benefit The government have announced some fuel duty and road tax changes which are designed to assist with the increased costs caused by the Middle East conflict. A 5p fuel duty cut has been in place since March 2022. The relief was due to end between September
Relief on fuel duty and hauliers get road tax holiday Read More »
How to avoid being caught out The Competition and Markets Authority has launched investigations into five companies to tackle fake and misleading online reviews. The investigations will examine how reviews are obtained, the way they are moderated and displayed and the star ratings that people rely on. The Digital Markets, Competition and Consumers Act 2024
Minimise your stress when collecting payments If you run a small business, you will know that late payments can quickly turn from an irritation into a full-blown cash flow problem. The government’s response to the recent late payments suggests that there will soon be additional legislation to help deal with the problem. In the
First look at proposed changes to support businesses The government has published its response to the late payments consultation that ran from July to October last year. It is estimated that late payments cost the UK economy £11 billion every year, and most businesses are familiar with the pain of dealing with late payments.
Government Responds to Late Payments Consultation Read More »
Valuing Your Business: What Buyers Look for and What You Can Do About It If you are thinking about selling your business, whether that is in six months or six years, one of the first questions you will probably ask yourself is “what’s it worth?” While there are formulas designed to calculate the value of
