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Download our latest SME Plus - October 2012

In October's edition of SME Plus we are taking a look at very topical areas which are worth spending five minutes reading, to get up to speed on. In particular there are two issues that will affect all businesses that have employees, namely auto-enrolment for staff into qualifying pension schemes and secondly, the new rules concerning the reporting of payroll information. 

We are looking at the importance of managing your cash flow in the current economic climate. If for example, you require the support of your bank, you will only get this if the bank manager (and their credit team) are satisfied that you can produce reliable forecasts, which prove that your business can service the level of borrowing being asked for.

We also cover Research and Development (R&D) Tax Credits, featured in detail in recent issues of SME Plus.

For those eligible, there are further tax breaks from April 2013 for income derived from patents. Finally, if you haven’t yet done so, I would highly recommend you download Mercer & Hole’s free App which has a wealth of tax and other information. The App offers a hub of real-time information for businesses and individuals – all while you are on the move.

At Mercer & Hole we have people who are specialists in all the areas discussed in SME Plus, so please contact us if you need advice or have any doubts or questions. We appreciate that being in business is not easy for some at the moment, but we can help you.

 

 

Date: 12th October, 2012
Author: Paul Maberly

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