More encouragement for SME leasing programmes

In a further attempt to help boost the trading environment still being experienced by beleaguered small companies in the UK, the European Investment Fund (EIF), the SME credit provider established by the European Union, has issued a new fact sheet in conjunction with...

Alternative lending sources gain momentum

Despite the well-documented attempts by the government to inject more impetus into the bank lending scenario, it’s just been announced that lending to UK businesses between December and February has dramatically fallen by nearly £5bn. This is an indication that the...

HMRC boost for harassed smaller employers

Payday can always be a busy time for the smaller employer. That time of the week or month when employees are expecting prompt payment for their efforts can mean that other tasks – like actually making money for the company – can slip, which is not good for business....

Better than expected budget benefits for business

The Chancellor George Osborne has lifted the spirits of British businesses in the 2013 budget, by announcing cuts in National Insurance Contributions (NICs) that will come into force next year. The Federation of Small Businesses (FSB) is pleased with the plans, which...

New tax changes to persuade us to work harder

As part of the government’s attempts to ‘make work pay’ and generate savings in benefits, the recent Budget announced that there will be an increase in the personal allowance to £9,440 which will ‘benefit people working hard on ordinary incomes’. This will come as...

No business rate relief

The Chancellor George Osborne missed an opportunity to use business rates to help small and medium-sized businesses, including indoor play operators, in the UK, says Mark Johnson of equipment finance specialist Johnson Reed. The Chancellor had been under increasing...