Small and medium-sized businesses (SMEs) contribute massively to the UK economy, accounting for more than £2 trillion in turnover, new research has revealed.
Small but mighty: the SMEs powering the UK economy
SMEs
Training schemes address labour and skills shortage in hospitality
The labour and skills shortages across the UK and within hospitality are well documented, but even if you don’t know your cruet from your Creuset, opportunities may be opening up.
Loans to small businesses drop to lowest level on record
Banks have been accused of “pulling up the drawbridge” on lending to small businesses.
Charging an electric company car: what you need to know
With the important focus on achieving Net Zero goals and targeting personal emissions, more and more company cars seem to be following the electric car trend.
Student finance: How can employers stay up to date?
Student finance appears to be an issue that regularly changes, meaning those in charge of payroll for businesses must adapt to keep up.
Hospitality business owners: how should you distribute tips between staff members?
When starting up a hospitality business, it is important to factor in that some customers may choose to tip members of staff.
Construction subcontractors: All you need to know about payments
If you are a contractor working in the construction industry you are likely to rely on the services of subcontractors – but what rules do you need to consider when paying them?
Dividends V Salary: Making profits pay for your salary
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.
Corporation Tax: could you be missing out on tax reliefs?
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
Steep price rise warning as hospitality businesses yet to receive Omicron funding
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.