Search Results for: SMEs
SMEs bear brunt of UK’s £10bn Hidden Tax Burden
January 30th, 2015
The UK tax system is costing businesses up to £10bn in hidden costs a year, with SMEs bearing the majority of this burden according to new research by AAT. Ahead of HMRC’s end-of-the-month self-assessment deadline, AAT has researched the ...
Audit and assurance for SMEs
December 22nd, 2014
While regulators are lifting the audit thresholds around the world, SMEs still see the access to funding as a challenge. This raises the issue of the value of assurance services for SMEs and the role of accountants in offering, ...
Investment environment improved for UK SMEs who are ‘back in the game’
October 24th, 2014
Small and medium sized enterprises (SMEs) around the world have seen confidence levels rise and economic outlook improve drastically in the twelve months to mid-2014, according to findings from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute ...
KPMG targets SMEs with new division
October 21st, 2014
Business advisory firm KPMG today launched a new arm aimed at providing affordable services to small and medium-sized firms. KPMG Enterprise has been kicked off with a £40m investment. Jon Holt, office senior partner at KPMG in Manchester, said: ...
StanChart preparing to close bank accounts of thousands of UAE SMEs
October 20th, 2014
Standard Chartered has notified thousands of UAE small and medium enterprise customers it is closing their accounts as it responds to pressure from US regulators to cut its risks following an anti-money laundering settlement. “We regret to notify you ...
South Africa’s Davis Committee Proposes Tax Reforms For SMEs
July 16th, 2014
The Davis Tax Committee (DTC), which was set up by the South African Ministry of Finance in July 2013 to make recommendations for possible tax reforms, has issued an updated report for public comment, covering issues regarding the taxation ...
Green Action plan for SMEs
July 2nd, 2014
It is time for SMEs to turn sustainability challenges into opportunities. Accountants can make both the short and the long-term case for sustainability, says global accountancy body. Despite the importance of small and medium-sized enterprises (SMEs) to the world ...
UK SMEs are neglected at the critical growth stage, says new report
April 25th, 2014
Old Street Silicon Valley-style business ‘clusters’ vital for growth. Local Enterprise Partnerships not as effective as predecessor, say SMEs Initiatives aimed at helping the UK’s small and medium sized enterprises (SMEs) are failing at the critical growth stage of ...
Third of SMEs do not have a business plan
April 11th, 2014
A third of SMEs say they do not have a business plan despite evidence that those that do are consistently more profitable and more than twice as successful in achieving their goals, according to research from software provider Exact. ...
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
January 26th, 2024
KEY POINTS Data from industry body Innovate Finance shows that global investment in fintechs sank to $51.2 billion in 2023, down 48% from 2022. Despite that, the UAE saw total investment soar 92%, thanks in part to more fintech-friendly ...
