Tags: SME’s

SMEs not learning from larger firms’ Auto-Enrolment mistakes

Over a one third of UK companies that have already introduced the Government’s auto-enrolment pension rules would have approached it differently if they had the chance again – according to a new report by national law firm, Irwin Mitchell. Published the day before 6,000 SMEs start auto-enrolling over 1 million* staff into a workplace pension…

UK SME’s to create nearly half a million jobs this year

Scotland’s small and medium-sized enterprise (SME) sector could create up to 40,000 new jobs in the next 12 months, according to new research by Clydesdale Bank. A recent survey of more than 800 UK SMEs was carried out to determine their business prospects for the year ahead. Almost half (43 per cent) of Scottish SMEs…

Will new framework save money and boost business with SMEs?

Minister for the Cabinet Office, Francis Maude has announced that a new single route for Government to buy consultancy services – where there is a clear business case in line with Cabinet Office controls – will make it cheaper, end reliance on big business, and give more work to smaller firms. It has been suggested…

Payroll reporting shake-up set to create enormous burden for SMEs

PAYE real time reporting will create a significant burden for SMEs managing their own payroll warns JC Payroll Services, the specialist payroll bureau of accountants and business advisers James Cowper. Pay As You Earn has been a constant for employees and employers since 1944, when it revolutionised the way the government collected taxes on wages.…

SMEs slow to adopt flexible working technologies in the UK

but half believe it will help during their working day. Only a third (33 per cent) of UK SMEs have reported adopting flexible working technologies, with the remaining two thirds highlighting perceived difficulties to integrate these technologies into their day-to-day operation as a barrier to adoption, according to a new survey by LifeSize, the HD…

UK SMEs cut the cost of Christmas

Communication experts Pitney Bowes today announced the results of research* into the impact of Christmas on SMEs. Findings show that UK small companies risk damaging staff morale by cutting back festive activities this year. The independent research found that almost half (48%) of the 500 SMEs questioned are not planning a Christmas party this year…

Regional Growth Fund to help small businesses

Hundreds of small businesses will benefit from government investment of £95 million to help boost growth and rebalance the economy. The funding is expected to create at least 4,000 jobs and unlock around £500 million of new investment by small and medium businesses (SMEs). RBS, NatWest and HSBC have agreed to facilitate the distribution of…

SME’s face £5,000 fine under new employment law

SMEs in the UK face a penalty of up to £5,000 per agency worker if they try to circumvent the new Agency Workers Regulations, which come into force on 1 October 2011. Under the Regulations, any benefits such as car parking, crèche, prayer room and canteen facilities, must be made as equally available to agency…