companies house made easy

self-assessment deadline extended

Sole traders, entrepreneurs and other individuals who are required to fill out self-assessment tax returns will not receive a late filing penalty if they make their submission on the 1st or 2nd of February.

schools must develop entrepreneurs

The Forum for Private Business has called for schools to play a leading role in encouraging entrepreneurship amongst young people.

google targets welsh SMEs

Search engine giant Google has announced a 12 month campaign to get businesses in Wales to start using the web.

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Small companies are losing out on an estimated £1.7 billion a year because they are not shopping around for the best foreign exchange rates.

Most small companies simply accept the rates offered by their bank, and don’t bother looking around for more competitive quotes, according to research by Moneycorp.

“Our research has found that SMEs are missing out on a worrying amount by transferring money overseas through banks, rather than a foreign exchange specialist. Businesses could be saving over £2,000 on each transaction and over £16,000 per year by shopping around for the best rate,” stated Moneycorp’s Dealing Manager, Mark Deans.

“The continuing volatility of the pound against other major currencies highlights that these businesses should be doing everything in their power to not only mitigate against risk, but also cut back on costs of trading.”

There are an estimated 120,000 UK SMEs trading in the import/export market.