Entries by Michael Barker

Mind the gap

The UK tax gap – the difference between what should be paid and what is actually being received – remains at its lowest for five years, new figures have revealed. However, the amount of money going into the nation’s coffers is still £33bn shy of what it should be. Publishing the figures, HMRC says that […]

Is it time to ditch the spreadsheet?

Here is a stark statistic. An estimated 88 per cent of spreadsheets include mistakes, and half of those used by big businesses have “material defects,” according to a recent report. And those errors are costing businesses billions. JP Morgan’s so-called “London whale” fiasco, which led to a $6 billion loss, involved a spreadsheet mistake. Canada’s […]

The green route to growth

As businesses grow and enter new supply chains it is becoming a common requirement for them to demonstrate their commitment to reducing their carbon footprint. It can open new opportunities but also be a daunting task. However, help is at hand for Lancashire’s SMEs. And the benefits of getting it right can include significant cost-savings […]

Do you need help upskilling?

A new project has been launched to support Lancashire SMEs in increasing the skills and capability of their employees. The UpSkilling Lancashire project team will help businesses identify, design, develop and implement workforce education training programmes in response to the needs of the company. WNJ is looking to make its clients aware of the benefits […]

Have you got a great idea?

A project based at the University of Central Lancashire (UCLan) is working hard to provide SMEs with the essential tools to develop product ideas from concept to market. The Innovation Clinic is now offering free workshops on ‘developing a new product’ as it looks to engage with more Lancashire businesses. One of the sessions will […]

The advantages of going digital

HMRC’s vision to digitalise the UK tax system is nearly upon us as VAT registered businesses with turnover above £85,000 will be required to use compatible software to maintain their records and to update the taxman quarterly, starting from April. It may seem like a minefield but help is available when it comes to digital […]

Making Tax Digital – The Facts

Tax Digital is a key part of government plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs. There’s now just a few weeks to go until HMRC’s digital platform will be mandatory for the filing of all business VAT returns – and as […]

A FreeAgent boost for small business

Wallwork Nelson & Johnson (WNJ) is now an accredited partner of FreeAgent, with its MTD compliant software. If you are a Royal Bank of Scotland or Natwest business customer, the good news is that FreeAgent is available as part of your business banking offering. FreeAgent is cloud accounting software that makes it incredibly easy for […]

Broadband help is here – but be quick!

SMEs are being urged to take advantage of a £2,500 voucher scheme to help install high-speed broadband or risk missing out. More than 7,000 businesses across the UK are reported to have taken up the government’s £67m Gigabit Broadband Voucher Scheme and have used the cash to cut the cost of installing fibre-optic cables. Now […]