11 April 2023 – New research has shown that retention among apprentices is very high, with 93% staying in the same company after they have qualified. The UK is suffering from a shortage of skilled labour, which has a big impact on many small businesses. Not being able to get the right staff for the … Read more
4 April 2023 – The tax year 2023/24 has started, which means several changes will come into effect. Many of these will affect small businesses. With every new tax year, changes come into effect. After a very challenging year, many small businesses are bracing for more headwinds, as some changes will put more pressure on … Read more
Outgrown your name or decided it’s time for a change? Find out how you can rebrand with our guide on how to change a limited company name
28 March 2023 – New research shows that 95% of small and medium-sized enterprises (SMEs) say that workplace culture is suffering due to the cost-of-living crisis. Spending solutions firm Pleo has released its newest State of Spending Report, which shows that 95% of small businesses leaders feel that the cost-of-living crisis puts workplace culture at … Read more
21 March 2023 – On Wednesday the Chancellor has delivered his first spring budget, which he also called the “back-to-work budget”, indicating what his main focus is. In the weeks leading up to the spring budget, Jeremy Hunt has emphasised that economic growth will be the cornerstone of the measures he will announce. A main … Read more
As of April 2024, cash accounting will become the default method for self-assessment tax returns in an effort to make the tax process easier. However, businesses can still choose to opt out of cash accounting and opt for accrual accounting instead. No matter which option is selected, being able to stay on top of your … Read more
14 March 2023 – The Chancellor will deliver his spring budget on 15 March, and it is expected that combating economic inactivity will play a big role in the Government’s plans. Before any budget, there is much speculation about what will be in it. And it’s no different for this spring budget, which Jeremy Hunt … Read more
7 March 2023 – Childcare costs in the UK are the highest in Europe, which results in a childcare crisis that costs the UK economy up to £38bn every year. New data by the charity Pregnant Then Screwed shows that here in the UK parents use up to 75% of their income for childcare. This … Read more
Starting a business is always a risky move. Doing so during a recession can seem like a bad omen to some, but there are some benefits to jumping into a risky economic climate. Recessions can provide opportunities that didn’t previously exist, allowing your business to succeed in places that just weren’t available before. In case … Read more
28 February 2023 – Following the largest 4-day work week trial in the world, over 90% of the companies taking part opted to extend the trial. Between June and December 2022, 61 businesses across the UK took part in a 4-day work week trial, the largest of its kind in the world. The pilot was … Read more