Hello and welcome to the May edition of our newsletter. GDPR may be the talk of the town at the moment but there is still plenty going on in the world of finance and accounting. From small firms being hit by higher pension costs to how late payments are affecting...
Research carried out by the Institute of Directors (IoD) has revealed that almost half of small and medium enterprises have struggled with late payments in the last year. Around one in three (30%) payments to small businesses are now late and the average value of each...
The Federation of Small Businesses (FSB) has warned that the doubling of minimum employer contributions into workplace pensions will “hit the very smallest firms and startups the hardest.” The new contribution rules come into effect at the beginning of the new tax...
A survey carried out by a specialist lending and savings bank has found that difficulty accessing funding is causing around one in four small and medium-sized firms to miss out on valuable business opportunities. Aldermore questioned more than 1,000 senior...
What is IRIS OpenSpace? IRIS OpenSpace is a cloud based solution and provides safe, simple and secure data transfer. One of the main principles of GDPR is integrity and confidentiality, requiring PKB as the data processor to ensure appropriate security. In...
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