An accounting degree sounds very straight forward and you would think it was simply a case of finding the nearest place to where you are and signing up for it. In reality, there are many options to consider first as accountancy is a massive field and there are different levels of qualifications available. You will [...]
Transaction reporting is a requirement, which ensures that reporting firms disclose their transactions to their local regulator within the T+1 time frame. In the UK, this is carried out by Approved Reporting Mechanisms (ARMs), which provide enhanced validation through an intuitive interface, before submitting reports to the Financial Conduct Authority (FCA). By using an ARM, [...]
As the economic climate continues to get tougher small business owners need to work harder to make sure that they are visible. It is very important now that small business owners connect with anyone and everyone that can help them gain influence including third parties, their current customers, and fellow business owners in their community. [...]
A sudden increase in vacancies at shopping centres means that now about 12% of all British stores are empty according to a survey conducted by the BRC (British Retail Consortium) and Springboard. Empty shops make up a total of 12% of all retail space in the country now. Failures on behalf of Jessops and Comet [...]
Someone working as a full-time employee for a particular company will no doubt be familiar with the topic of PAYE, which is income tax deducted by the employer from an employee’s salary every month and then paid over to the Inland Revenue. This is therefore literally a ‘pay as you earn’ system.
For individuals who [...]
The UK government have launched the phase of their business bank with an announcement that there will be an investment of £300m in the venture. This money is the first slice of a potential £1bn worth of new capital, with the main aim being to give small firms struggling to secure financing access to funds.
Most entrepreneurs believe that the Business Bank that was created by the Government will not be able to make that much of a difference when it comes to UK bank lending to SMEs. Most entrepreneurs think that it will not make that much of a difference to lending with 85% believing that the concept will [...]
Small businesses in the UK saw their payment performance increase over the first quarter of 2013 with must able to pay their bills about five days faster when compared to the first quarter of 2012.
During the first three months of this year small companies that only had one or two people employed were able [...]
The Federation of Small Businesses has released figures to support their belief that the late March freeze cost UK SMEs a great deal of money. According to the FSB, over half of all SMEs were impacted by the cold weather that continued on throughout a great deal of the spring. They estimate that these businesses [...]
Secretary of State Vince Cable stated at the FSB (Federation of Small Businesses) annual conference that the government is listening to what small businesses need and that they have taken action to address two of the most pressing issues for SMEs, including national insurance and petrol duty.
The FSB conference was full of exciting new [...]