Autumn Statement 2016: Flat rate VAT changes explained

Chancellor Philip Hammond has announced significant changes to the amount of VAT SMEs will have to pay. This article from www.smallbusiness.co.uk explores the matter further. Major changes have been announced for the amount of VAT that many small businesses will have to pay in Philip Hammond’s Autumn Statement. This will affect businesses that use the..

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Smaller importers hit hardest by weak pound, study finds

An article on www.smallbusiness.co.uk states that the impact of the weak Pound is being felt unevenly across British business, with smaller firms bearing the brunt of higher import prices. UK businesses that import either raw materials or finished goods have seen the prices they pay their foreign suppliers rise since the Brexit referendum on June..

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SMEs fail to recognise email phishing attempts

The vast majority of SME companies are being fooled when it comes to phishing attempts, research finds. We are constantly informing our clients about the increase in online threats and this article from www.smallbusiness.co.uk affirms the concerns.   Results of a survey challenging respondents to spot fake emails used for phishing have indicated that 98 per cent of..

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How safe is your data?

Is your data more secure in a cloud environment than on premise? From Pegasus Software As more and more businesses move to a cloud solution, one of the major concerns SMEs have is over the security of their data in a cloud deployment. It’s easy to see why: stories of data breaches appear in the..

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Telephone issues

We are experiencing problems with our phone lines today. We believe we are receiving all calls but are unable to call out, however in case you can't get hold of us please email ask@applieduk.com

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Bank charges on international payments hampering small businesses

An article on smallbusiness.co.uk shows how UK businesses have been paying well over the odds for international payments, hampering their abilities to expand in a post-Brexit world, according to a study. Traditional banks have a stranglehold of 95 per cent of the business payments market, according to a study by Covercy. One company making 20 transactions of £30,000..

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6 elements that make a winning team

We deal with all sizes of business and thought this is a great article from Business Matters Magazine regarding building a successful team and retaining great staff. No successful big business owner is an island. You can keep a small business running by yourself, but if you are ready to achieve growth, then you need..

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Data on staff at 280 UK firms may be at risk after Sage breach

From The Guardian : Accounting, payroll and payments software company says internal login was used to gain unauthorised access. Sage, which provides accounting, payroll and payments software for businesses, has released a statement saying that an internal login had been used to gain unauthorised access to the data of some of its British customers. The personal..

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New Insurance Act is upon businesses

An article on smallbusiness.co.uk looks at the biggest reform to insurance for more than a century has almost come into force but businesses are being warned to ensure that they do not fall foul of the changes. The Insurance Act, which affects all new contracts from August 12 onwards, introduces a more policyholder-friendly regime. Billed as good..

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The experts’ step-by-step guide to cyber security

A very interesting article from The Guardian online regarding Internet security and how your business can be more informed and less likely to get breached. Where does cyber security fall on your to-do list? If it’s not a priority, it should be because 60% of small businesses suffered a breach in the year leading up..

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