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
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.
But fines will be imposed on freelance contractors from April 2021 as Treasury cracks down on willful deception
Tax
Financing
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
Business could borrow anything up to £10m through 80% state-guaranteed bank loans in successor to existing coronavirus financial support
Tax
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 to announce review of business rates in budget, mulls scrapping them in favour of landlords paying tax on land value
Alternative finance
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
One in four small businesses borrow money for cashflow after late payments almost doubled to £23bn last year
Accounting
Chancellor mulls keeping on Entrepreneurs’ Relief for existing businesses, but abolishing it for start-ups
Small Business Banking
One in four small businesses borrow money for cashflow after late payments almost doubled to £23bn last year
Accounting
Chancellor mulls keeping on Entrepreneurs’ Relief for existing businesses, but abolishing it for start-ups
Small Business Banking
The cashback scheme for term loans is part of a much larger fund launched by Barclays to help SMEs through and beyond Brexit.
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
UK SMEs are owed more than £50bn of late payments between them as big companies put off settling invoices
Tax
The deadline for making a tax return is fast approaching so those needing to do so must act now before 31 January
Business Loans
Everything you need to know on what small business loans are and what types of loan are available for your business.
Business Technology
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
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.