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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New HMRC guidance on winter fuel payments
HMRC has released new guidance on the recovery of winter fuel payments. What do you need to know?
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Festive tax breaks for remote workers
You’re familiar with the tax break for Christmas parties but you now have a few remote workers, and the company will need to reimburse their travel and accommodation costs if they attend an event. Which costs count towards the tax-free limit and how can you manage any overspend?
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New process for some exports starting in Northern Ireland
Starting next month, businesses that import goods via Northern Ireland will need to change their processes. What do you need to know?
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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