Category

Financing

The financing channel looks at the different small business funding options available to start-up companies and established SME businesses looking to grow. Read a wealth of guides and tips to help manage your accounts and cash flow better, views on the future of business banking and where to source alternative finance.

Rishi Sunak to extend government coronavirus business support

Chancellor Rishi Sunak expected to extend Coronavirus Business Interruption Loan Scheme, Bounce Back Loans and Future Fund until end-November

News

Business Loans

Small businesses have average of just £9,000 left from Bounce Back Loan

Majority of small businesses expect what’s left from their COVID-19 Bounce Back Loans to run out by end of September

Government Grants

MPs back call for ‘targeted’ extension of furlough scheme

Treasury select committee says businesses most affected by social distancing might be viable in the long term

Business Loans

Small businesses should ‘only repay coronavirus debt once back in profit’

Centre-right thinktank Onward argues that HMRC could add debt repayment surcharge to tax owing on profitable businesses, leaving the rest untouched

Government Grants

Where to find your £1,000 small business lockdown grant

Treasury announces new emergency grants for businesses forced to close in sudden coronavirus lockdowns

Business Loans

Lloyds rapped for forcing Bounce Back Loans borrowers to open accounts

Lloyds Banking Group forced SME owners to open fee-charging business accounts if they wanted to borrow state-backed emergency coronavirus funding

Government Grants

Alok Sharma wants to throw small businesses in lockdown lifeline grants

Business secretary to argue case for renewing grants to small businesses blindsided by wildcat lockdowns

Business Loans

Banks ‘will be pushed’ into closing down SMEs unable to repay Covid debt

Treasury turns deaf ear to setting up bad Covid debt bank, pushing banks into foreclosing on SMEs unable to repay government loans

Government Grants

Alok Sharma wants to throw small businesses in lockdown lifeline grants

Business secretary to argue case for renewing grants to small businesses blindsided by wildcat lockdowns

Business Loans

Banks ‘will be pushed’ into closing down SMEs unable to repay Covid debt

Treasury turns deaf ear to setting up bad Covid debt bank, pushing banks into foreclosing on SMEs unable to repay government loans

Government Grants

How to claim your £1,500 Kickstart Scheme grant

The Kickstart Scheme is here – is it right for you? Here, we explain how the scheme works, who is eligible and how to apply

Tax

Rishi Sunak weighs increasing corporation tax to 24%

Business groups dismayed by Treasury move to hit small business with 5% corporation tax increase to help repay Covid debt

Small Business Banking

What do SMEs think is the best business bank account? – survey

Swedish bank Handelsbanken overwhelming favourite when it comes to small businesses recommending a bank to others

Accounting

VAT on taxi fares, vehicles, fuel and staff travel – what can I claim?

Can I claim VAT on Taxi fares? None of the receipts show VAT. What other small business expenses can I claim VAT on?

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Partner content

Small business owners: discover alternative funding solutions to help fuel your growth

Business Technology

Why you should upgrade your tech now rather than later

To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis

Investing in a franchise

Should I buy a franchise or go solo?

Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.