News
Welcome to the news section of Business Finance. Here you’ll find the latest industry news and press releases.
What the Autumn budget means for your business
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...
Is your business beginning to recover?
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...
Now is the time to discuss Professional Indemnity Insurance
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...
Financial support available for your business
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 initiative
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...
Grow your business with personal tax funding
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...
New super tax deduction for UK businesses
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...
Supporting businesses like yours
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...
2021 Budget – How will it affect your business?
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...
Business tax update
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...
Business updates for 2021 and how they will affect you
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...
Yearly review – Say goodbye to 2020
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...
No deal Brexit – The implications for UK businesses
With the UK set to embark on a new era of global trade negotiations, the prospect of a ‘no deal’ agreement following the Brexit transition period on January 31st is becoming a reality. The importance of minimising friction in trade and...
Why asset finance could help businesses bounce back during the pandemic
The global pandemic has severely impacted small businesses and many have been forced to look at ways, such as asset finance, to adapt by diversifying into alternative or news areas of the market. This diversification often means new...
Concerns raised over Professional Indemnity Insurance as deadline looms
As the October 1st deadline for Professional Insurance Indemnity (PII) approaches the number of solicitors requesting payment in instalments has increased. PII is an essential requirement for the legal profession. It enables companies to...
New financial initiatives aimed at UK SMEs
As the Coronavirus pandemic continues to impact on UK businesses, chancellor Rishi Sunak has announced further measures, in the form of a £30 billion package to help secure jobs and to help British businesses bounce back and survive these...
Why deferring VAT payments could cause 2021 cash flow problems
As part of the government support package to help businesses during the Coronavirus pandemic, UK VAT-registered businesses were given the option to defer VAT payments until March 2021. V4B Business Finance has continued to offer business...
Preparing to reopen your business? How to make it COVID-19 secure
As we move into phase two of the government’s easing of lockdown many businesses are eagerly preparing to reopen when the time is right. The government has consulted with 250 businesses, unions, industry leaders as well as devolved...
We are an accredited provider of the Coronavirus Business Interruption Loan Scheme
V4B Business Finance is an accredited provider of the Coronavirus Business Interruption Loan Scheme (CBILS), an initiative created by the government for small and medium businesses by providing support for those which are losing revenue...
Business support available during Coronavirus outbreak
Many businesses are facing financial difficulty due to the Coronavirus outbreak but there is help and support available. The government has announced a substantial financial package to help those at risk with finance, designed to boost...
Business advice – The Coronavirus in the workplace
Just as small businesses were beginning to feel optimistic after months of Brexit negotiations, the Coronavirus, COVID-19, hits the headlines. The uncertainty of what will happen in the coming weeks and months is a prime concern for many...