small business finance

The Small Parties’ Election Manifestos 2024 And SMEs

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The Small Parties' Election Manifestos 2024 And SMEs

26 June 2024 – As the UK uses the first-past-the-post voting system, smaller parties realistically don’t have the chance to lead the government. But that doesn’t mean a vote for them is pointless. That’s because their MPs can still influence policies made in Westminster, especially if the government doesn’t have a large majority. So here … Read more

Labour Manifesto 2024: What It Means For SMEs

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Labour Manifesto 2024: What It Means For SMEs

19 June 2024 – The banner the Labour Party carries for the next Parliament is the party of wealth creation. To emphasise this cause, a third of the Labour Manifesto 2024 was focused on uplifting the economy and empowering businesses throughout the country. Improved finance options for SMEs As expected, the Labour Manifesto provided a … Read more

Conservative Manifesto 2024: What’s In It For SMEs

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Conservative Manifesto 2024: What's In It For SMEs

13 June 2024 – As the self-titled party of business, the conservative manifesto 2024 is among the most anticipated news for many small businesses across the UK. Many small businesses will be pleased to know, SMEs weren’t left out in the campaign. SME development and growth  Small businesses are poised to take centre stage in … Read more

Economic Conditions For Small Businesses Remain Challenging

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Economic Conditions For Small Businesses Remain Challenging

24 April 2024 – Current economic conditions still pose a challenge for many small businesses. However, the latest Office of National Statistics report suggests a steady recovery for SMEs in some areas.  Of the 9,666 responses from the Wave 106 survey data in this report, 95% reported an active trading status in April 2024.  In … Read more

Small Business Growth Has Fallen In Last 10 Years

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Small Business Growth Has Fallen In Last 10 Years

7 February 2024 – Small business growth in the UK has stunted over the past decade, new research has shown. The Enterprise Research Centre‘s (ERC) comprehensive report compiled data from ERC studies and other secondary sources. It turns out the last ten years were a period of challenges for small businesses in the UK.  Based … Read more

80% Of SMEs Expect To Increase Profits In 2024

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80% Of SMEs Expect To Increase Profits In 2024

18 January 2024 – Optimism is at an all-time high with small businesses in the UK! According to new research, the majority have a positive outlook for the upcoming year despite skyrocketing interest rates and a less-than-ideal 2023. The majority even expects to increase profits in the new year. Moore UK, a top accounting and … Read more

44% Of Business Owners Use Own Savings To Start Business

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44% Of Business Owners Use Own Savings To Start Business

9 January 2024 – According to new research a large number of business owners are using their own savings to start their company. But help from family is becoming more and more important too. The dream of starting a business can quickly turn sour if funding is hard to come buy. Research by wealth management … Read more

Insolvency Registrations Rise By 21% In November

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Insolvency Registrations Rise By 21% In November

19 December 2023 – UK companies had another tough year, with insolvencies at a high level. The latest government data shows that company insolvency registrations in England and Wales have been 21% higher in November this year compared to the same time last year. The latest data from the UK Insolvency Service confirms what earlier … Read more

All You Need To Know About How Dividends Work In The UK

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How do dividends work in the UK?

Running your own business and want to extract money in the most tax-efficient way possible? We look at how do dividends work in the UK to help you succeed.

Tax Season: 25% Of SMEs Hold Off Filing Tax Return

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Tax Season: 25% Of SMEs Hold Off To File Tax Return

5 December 2023 – Tax season is upon us, with the deadline for SME’s and sole traders to submit their Self Assessment tax return for the tax year 2022/23 looming. Yet 25% of SMEs are holding off filing their tax return until the last minute. Every year, when the festive season is approaching, many small … Read more