Businesses that battled through the financial quagmire of the Covid-19 pandemic are now facing another major challenge – high inflation coupled with soaring energy costs. Owners of small businesses have been hit particularly hard as...
Chancellor Jeremy Hunt presented the 2023 Spring Budget amid a backdrop of tumult – mass industrial action, high inflation, and a cost-of-living crisis. Hundreds of thousands of workers staged strikes on Budget Day, many gathering in...
On behalf of everyone at V4B Business Finance, we are deeply saddened by the death of Her Majesty, Queen Elizabeth II. As a mark of respect, the office will be closed on Monday 19th September, a national day of mourning. We will re-open...
In business, small mistakes can cause big problems. That’s why indemnity insurance is crucial for certain types of companies, freelancers and contractors who offer professional services. Professional indemnity insurance (PII) provides...
Wrexham has made it into the final four places shortlisted for the 2025 UK's City of Culture. WHAT IS THE CITY OF CULTURE? The UK Department for Digital, Culture, Media, and Sport (DCMS) is running the City of Culture competition. This...
Professional Indemnity Insurance (PII) premiums are increasing at an alarming rate and we have clients whose premiums have increased by up to 40% depending on the sector. Despite the increase, PII is essential for the legal profession...
Management accounts are not a legal requirement for businesses but should form part of any business strategy. Business owners should prepare management accounts weekly, monthly, or quarterly which enables owners to plan, keep on track of...
Our top tips to grow your business in 2022. Goals What are your business objectives and goals? Take the first step to grow your business with the SMART method. Make your goals Smart, Measurable, Achievable, Relevant, and Timely. Start...
Did your business take advantage of the support packages available in 2021? If yes, you’re one of the thousands who saw 2021 as a year to bounce back and promote business growth. The rollout of the vaccine allowed businesses to reopen,...
The government's latest Autumn budget focussed more on spending than tax cuts. This was not surprising given previous tax rises which have already squeezed many small businesses. But what does it mean for your business? Business Rates The...
It appears that companies are beginning their first steps to business recovery. Unemployment rates are down, investment has begun again, and many are starting to see the first shoots of recovery. Recovery has different meanings for...
Professional Indemnity Insurance (PII) premiums for law firms have soared again. Reports suggest they are up somewhere between 15% to 40% this year alone and some of our clients have seen renewals increase from £245,000 to £350,000. This...
The government has provided support for businesses throughout the pandemic. The latest support package – the Recovery Loan Scheme (RLS) is available until December 2021. V4B Business Finance is an accredited provider of the scheme. We...
V4B Business Finance wins place on Sky Media SME100 We are delighted that Sky Media has chosen us to take part in its SME100 initiative. It is a £2million support scheme for small businesses, giving us access to TV advertising through...
Thousands of businesses have personal tax bills due on 31st July and many do not realise there is an alternative to paying the bill in one sum. Payment on account is used by self-employed businesses who have a bi-annual tax payment to...
Businesses planning to purchase new equipment could be entitled a new government super tax deduction of 130%. The government announced that from 1st April this year, companies can benefit from capital allowance reliefs including a super...
We have provided essential business funding during lockdown and throughout the pandemic for those who need it the most and we will continue to support businesses as the roadmap out of lockdown progresses, arranging finance for firms...
Rishi Sunak announced a £65 billion support package for businesses in the 2021 Budget but as debt continues to grow some tax increases were inevitable. The government has borrowed £355 billion this year alone – the highest level of...
The government has provided an extension for UK businesses unable to meet the self-assessment deadline. Tax payments are traditionally due on January 31st, however HMRC has said that anyone unable to submit their online return by this...
Many businesses entered 2021 with a renewed optimism. The news of the vaccine promises a path out of the pandemic and there is light at the end of the tunnel. However, worrying statistics from the Federation of Small Businesses (FSB) show...
While 2020 has been a year like no other, through all the difficulties there have been some positives. The pandemic forced businesses to adapt in ways which many had previously thought not possible. Remote working and a greater use of...