NEW YEAR, NEW STRATEGY

How to build your 2021 business strategy in the face of uncertainty. We live in uncertain times and planning for the future is challenging. Rather than paying attention to what you can’t do, focus on what you can do. For example, when restaurants couldn’t serve customers indoors, they transitioned to delivery, take-away and outdoor dining.[…]

COVID-19 BUSINESS SUPPORT UPDATE

Mainland Scotland is currently subject to tier 4 COVID-19 restrictions. Similarly to last year’s support package, businesses will be eligible to place employees on furlough until the 30th of April 2021. The government will pay 80% of employees’ normal pay for hours not worked up to £2,500 per month. Hospitality, retail and leisure businesses in[…]

EXPORTING – GETTING AN EORI NUMBER

From 1 January 2021 you need an EORI number to move goods between the UK and the EU. You can apply for your EORI number in advance. It can take up to a week to get one. You will not usually need an EORI number if you: Provide services Move goods between Northern Ireland and[…]

BREXIT TRADE AGREEMENT

The transition period for the UK leaving the EU has ended. The EU and UK have struck a trade deal, and this has been ratified by the UK Parliament, from 1 January we are trading with the EU quota and tariff ‘free’. There are new customs regulations and VAT requirements to get to grips with,[…]

ARE DIGITAL BANKING PLATFORMS SUITABLE FOR BUSINESSES?

Digital banking platforms such as Starling Bank or Monzo have risen in popularity, but are they suitable for business use? Digital banks have built popular apps for personal users to manage their current accounts from their smartphones. The apps allow users to easily manage their money, make payments and track their transactional activity. The digital[…]

IS YOUR BUSINESS READY FOR BREXIT?

The UK left the European Union on the 31st of January 2020 and the transition period ends on the 31st of December 2020. The Covid-19 pandemic has dominated the news headlines this year, but Brexit is still progressing. During the transition period, the UK remains in both the EU customs union and single market. Until[…]