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How to set up a direct debit

Jun 04 2008

Bacs' site features detailed information about direct debit, explaining its advantages how it works in practice.

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News

London firms get £23 million

Mayor of London Boris Johnson has welcomed a package of £23 million to help small to medium-sized businesses in the capital.

More EIB funding available to SMEs

The Bank of Scotland intends to make £250 million of funds available to SMEs in the next two weeks.

Crime costs small firms £13,500 a year

Businesses pay on average £13,500 for crimes against them each year, with these acts accounting for 20 per cent of all recorded offences in the UK, new figures claim.

Trade credit insurance hurting retailers

Retailers being refused trade credit insurance is leading to problems in the industry, especially for small to medium-sized businesses, the British Retail Consortium (BRC) warns.

Proposals for SMEs not effective, says BCC

David Kern, chief economist at the British Chamber of Commerce, has criticised Alistair Darling’s Pre-Budget proposals for SMEs.

Tax rise put on hold

The planned one percentage point rise in corporation tax has been put on hold in an attempt to boost small businesses.

VAT cuts 'will not help small firms'

A reduction in value added tax (VAT) of 25 pence in the pound will not help small businesses and many may not pass it on, say some entrepreneurs.

Tax cuts possible to boost spending

The pre-Budget report, due out today, may see cuts in value added tax (VAT) to encourage Britons to increase spending in the run up to Christmas.

£1m for Scottish start-ups

A £1 million fund has been launched for Scottish entrepreneurs to help them set up firms with a social or environmental purpose.

Pre-budget tax cut calls

Tax cuts announced in the pre-budget report on Monday will be targeted to benefit SMEs, says accountancy firm Deloitte.

Small firms 'must be in pre-Budget report'

The pre-Budget report must give companies 'innovative and short-term' solutions for finance such as a £1 billion small business survival fund, an organisation has warned.

Guides & Tips

Chip and PIN – what you need to know

If your business accepts face-to- face credit or debit card transactions, you need to ensure that the system you have in place is secure and that the risk of fraud is minimised.

Getting paid by credit and debit card

Being able to receive payments by credit and debit card enables you to do business using internet, electronic or paper-based systems, making it much more versatile than cash or cheques - and setting up a system is quick and easy.

Setting up Switch payments on your website

How you set up website payments for customers depends on how many transactions you’re processing and whether you have an existing card processing relationship with a bank.

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FT Guide to Personal Tax

Formerly the Lloyds TSB Tax Guide, the FT Guide to Personal Tax is now published by Pearson Education. Written by Sara Williams, CEO of Vitesse Media Plc and Jonquil Lowe, this unique guide gives step-by-step advice to completing your tax return as well as 100 tax-saving tips.

FT Guide to Business Start Up

Formerly the Lloyds TSB Small Business Guide, the FT Guide to Business Start Up is now published by Pearson Education. Written by Sara Williams, CEO of Vitesse Media Plc, this unique guide has sold over two million copies. It offers practical advice about starting and running your own business.

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