Do you need help to grow?
Help to Grow is an initiative providing two schemes to smaller businesses with a view to helping growth. If a business wants to take advantage, what do they need?
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Free childcare for company owners?
You’re an owner manager and your daughter is due to start nursery. You understand that working parents can get free childcare but a friend said this isn’t available if you only pay yourself dividends. Is this true and what can you do to qualify?
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CT61
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Getting the NI on benefits right
Getting the National Insurance (NI) treatment of employee benefits wrong remains a common issue for employers, particularly where the benefits are payrolled. Errors can lead to underpaid NI and potential compliance action. What should you check?
There are two schemes that fall under the Help to Grow umbrella.
Help to Grow: Digital. This allows a business to access free impartial advice about which software could help to grow their business. This could boost performance by cutting costs, saving time or help with record keeping, e.g. accountancy software. If they decide to purchase the recommended software, they can receive a 50% discount worth up to £5,000.
Help to Grow: 12 week management course. This course is delivered by UK business schools and each applicant is given a mentor for one-on-one support. The training supports the business to build capabilities in leadership, innovation, digital adoption, employee engagement, marketing, responsible business, and financial management. They will develop a business growth plan to help you lead the business to release its potential. It isn’t free, but it is 90% funded by the government, so the cost is reduced to £750.
To be eligible, the business must be a UK-based SME, actively trading for at least one year and have between 5 and 249 employees. To find out more, visit the online information page.
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