Banks have been accused of “pulling up the drawbridge” on lending to small businesses.
Loans to small businesses drop to lowest level on record


Banks have been accused of “pulling up the drawbridge” on lending to small businesses.

Student finance appears to be an issue that regularly changes, meaning those in charge of payroll for businesses must adapt to keep up.

When starting up a hospitality business, it is important to factor in that some customers may choose to tip members of staff.

We all want to keep more of our hard-earned money. For business owners, it can be a difficult balancing act to find the most tax-efficient way to get paid from the company’s profits.

Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax. Read more

The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per cent. It will result in double-digit price increases for consumers as operators struggle to survive, leading industry body UKHospitality says.

Deciding to start your own business can feel like a leap of faith but being prepared for the steps you will need to take can ameliorate this lack of confidence. Read more

The introduction of new legislation to protect businesses forced to close or partially close during the pandemic has been welcomed by a leading hospitality trade body.

Hopes that the temporary VAT cut for hospitality would be extended were dashed in Chancellor Rishi Sunak’s Spring Statement this week.

Raising revenue is often one of the key objectives for small and medium-sized businesses (SMEs), however it can be a difficult process to navigate. Read more