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Accounting for charities

If you’re in charge of running a charity, you’ll be familiar with how it differs from operating a business and how its motives and goals vary. Non-profit organisations are also treated very differently under the law. This means that managing a charity’s accounts can...

Small retailers to receive business rates boost

As announced in this year’s Budget, small retailers based in England will see their business rates reduced by a third.  The reduction will be applicable to retail properties with a rateable value below £51,000 for two years from April 2019, subject to state aid...

85% of small businesses are successful in securing funding

Statistics show that the overwhelming majority (85%) of small businesses that applied for finance in the first six months of 2018 were successful. UK Finance commissioned the market research firm BDRC to carry out its SME Finance Monitor Q2 2018 and in the same study...

Late payments affect almost half of all small businesses

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...

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