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Lord Young calls for lifting of age cap on start-up loans

Lord Young calls for lifting of age cap on start-up loans

Helping thousands more new businesses get off the ground by lifting the age cap on the Government’s Start-Up loan scheme and opening up further the £230 billion worth of public sector contracts to the smallest businesses will help boost growth and transform the economy, according to the Prime Minister’s enterprise adviser, Lord Young.…

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Call for VAT change to address late payments to SMEs

Call for VAT change to address late payments to SMEs

Late payments to SMEs are killing business and now is the time for punitive measures to be taken to 'punish' late payers by changing the VAT rules, according to 2B Interface, a temporary and permanent staffing solutions agency.…

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Related tags: Late payments | SMEs

Many small businesses failing to claim expenses

Many small businesses failing to claim expenses

Only one in four small business owners claim back all of the expenses they incur personally for their business, according to research carried out by YouGov on behalf of online accounting provider FreeAgent.…

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Related tags: Expenses | SMEs | Tax

Many self employed likely to miss tax deadline

Many self employed likely to miss tax deadline

Over two thirds of sole traders and business owners admit they still don’t know the deadline for filing their self-assessment tax forms despite repeated government advertising campaigns and the deadline being less than three weeks away, according to a poll by Crunch Accounting and OnePoll.

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More than half of SMEs rely on partners to run their business

More than half of SMEs rely on partners to run their business

More than half (51 per cent) of small trade business owners and managers rely on spouses and partners to help run their company, according to new research.…

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Related tags: SMEs