Skip to main content
  • Who we help

    Our range of services are tailored to suit each business type

    If you're just starting out with a new business venture or if you already have an established business, we can help.

    Our accountants are very experienced in helping new businesses grow and also using their accounting expertise to help established organisations. We also have a history of working with contractors and freelancers, helping them through the year with business accounting and advice. Review some of our case studies here

    No matter the size of your business; an individual sole trader or a limited company with employees, we have an accounting service just for you.

  • What we help with

    For all your tax and accounting affairs, we have it covered.

    Let our accountants take care of your business accounting, giving you more time to concentrate on growing and running your business.

    We provide all of the services necessary to handle the accounting and taxation requirements for your business. Our accounting services include: Bookkeeping, Payroll, Tax Returns, VAT and Accounts Production. All the services you will ever need under one roof.

    We also provide unlimited business accounting support throughout the year, you will always have access to your dedicated accountant whenever you need it.

  • Newsletter sign up

    Get the latest info from us

CBI call for alternative funding and tax breaks for SMEs

Sme Or Small And Medium-sized Enterprises On Black Block

The Confederation of British Industry have called for new tax breaks and alternate sources of funding for small and medium enterprises, in a report which provides suggestions to help UK businesses. The business group have responded to an evaluation of other debt sources by offering possible resolutions to the government. Suggestions for boosting non-bank business funding, increasing demand from businesses and removing obstacles to alternative funding sources have all been included in the CBI response.

Although businesses are currently wary of taking risks in the unstable economy, as the outlook improves companies will need improved access to alternate funding sources to boost recovery and guarantee growth. The CBI also suggest the establishment of a medium sized bond market with new tax incentives and improved infrastructure to increase availability of business funding.
The introduction of tax incentives for a short term, based on the theory of Venture Capital Trusts and making specified investments exempt from tax, would increase investment. SMEs also need to be aware of finance opportunities available other than banks, increasing demand from businesses. The complexity and bureaucracy of alternative finance should also be removed, which will be achieved by the government collaborating with the finance sector.

The director general of CBI, John Cridland said:

“This is as much a problem of demand as supply. Firms need independent help and support to locate the finance that’s right for them. So we must cut through the red tape and complexity surrounding non-bank finance to make it more easily understood by small to mid-sized businesses, which often lack the resources of a larger company.”

Outsourcing is a preferred solution for small companies, who rely on the resources of online accountants.






Leave a Reply

You must be logged in to post a comment.

Watch our three minute video to learn more about us

AAT Logo ACCA Logo Direct Debit Logo ICPA Logo ICO Logo