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.

Taxman will not fine you for getting things wrong with IR35 within first year

But fines will be imposed on freelance contractors from April 2021 as Treasury cracks down on willful deception

Tax

Financing

Two in five small businesses don’t have enough access to finance

Over half of small businesses do not have any finance in place at all, with overdrafts being most popular choice for those that do

Business Loans

Government plans permanent state-backed small business loan scheme

Business could borrow anything up to £10m through 80% state-guaranteed bank loans in successor to existing coronavirus financial support

Tax

Rishi Sunak blinks, says HMRC will ‘go soft’ on IR35 changes in year one

Chancellor Rishi Sunak seeks to reassure freelancers that HMRC will not be “heavy handed” when new IR35 rules come into effect on 6 April

Tax

Chancellor Rishi Sunak may scrap business rates in favour of a land tax

Chancellor to announce review of business rates in budget, mulls scrapping them in favour of landlords paying tax on land value

Alternative finance

Why Rishi Sunak is going to be good for small business

Chancellor Rishi Sunak has argued for the creation of an SME bond market, which could raise billions of pounds for small business

Small Business Banking

Small businesses using loans to manage cashflow, instead of investing

One in four small businesses borrow money for cashflow after late payments almost doubled to £23bn last year

Accounting

Sajid Javid may guillotine, not scrap, Entrepreneurs’ Relief

Chancellor mulls keeping on Entrepreneurs’ Relief for existing businesses, but abolishing it for start-ups

Small Business Banking

Small businesses using loans to manage cashflow, instead of investing

One in four small businesses borrow money for cashflow after late payments almost doubled to £23bn last year

Accounting

Sajid Javid may guillotine, not scrap, Entrepreneurs’ Relief

Chancellor mulls keeping on Entrepreneurs’ Relief for existing businesses, but abolishing it for start-ups

Small Business Banking

Barclays launches largest ever loan cashback scheme for SMEs

The cashback scheme for term loans is part of a much larger fund launched by Barclays to help SMEs through and beyond Brexit.

Tax

Amazon warns small business will pay price for Digital Services Tax

Internet giant could pass cost of 2% digital tax imposed by Conservative government onto small business, just as it has done in France

Accounting

Small businesses spend hour and a half each day chasing late payments

UK SMEs are owed more than £50bn of late payments between them as big companies put off settling invoices

Tax

Making a tax return ahead of the end January deadline

The deadline for making a tax return is fast approaching so those needing to do so must act now before 31 January

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.