Choice Blog - Business interest topics

How Brexit Could Change the Way You Do Business: A Guide for SMEs.

Last post: Mar 4, 2019

How do SMEs prepare for Brexit and what will the impacts be?

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How Making Tax Digital can Benefit UK Businesses

Last post: Feb 28, 2019

On the 1st of April 2019, Making Tax Digital for businesses (MTDfb) will become mandatory for VAT-registered businesses with an annual turnover of £85,000 or above. The MTDfb scheme ensures that business owners, accountants and bookkeepers keep digital records of & submit VAT returns using software compatible with the scheme.

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How Your Business Can Reap The Rewards from RBS'​ Banking Switch Scheme

Last post: Feb 25, 2019

As part of the financial crisis in 2008, the Royal Bank of Scotland (RBS) received a bailout of £45.5bn from the Government after RBS struggled to overcome the buyout of Dutch bank ABN Amro. A bailout which kept the Scottish bank alive and kicking.

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Alternatives to a Business Bank Overdraft

Last post: Jan 29, 2019

Alternatives to a Business Bank Overdraft. An overlook into Revolving Credit Facilities, Merchant Cash Advances and Invoice Financing and how they can work as alternative options to a business bank overdraft.

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Is a Peer-to-Peer Loan Suitable for My Business?

Last post: Jan 22, 2019

After examining exactly how a Peer-to-Peer (P2P) business loan works and the risks/benefits involved, it’s now time to weigh up whether or not a P2P loan is suitable for your business.

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Is Peer-to-Peer Lending a Safe Option?

Last post: Jan 21, 2019

Peer-to-Peer lending is a fast and increasingly mainstream method of obtaining business funding. This type of lending works by cutting out the middle-man (the banks) and directly connects a lender and a borrower.

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