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The government has made the welcomed announcement that the Help to Grow: Digital scheme is to be expanded to businesses with fewer than five employees.

Responding to the news, Federation of Small Businesses (FSB) National Chair, Martin McTague, said, “This is an extremely welcome move – the government has rightly listened to FSB’s call to expand digital support to all small employers.

“Until today, the majority of small businesses were arbitrarily excluded from the scheme due to the requirement to employ at least five employees. Many of them want to make productivity gains through technology adoption.

“However, they often do not have the resources to do so, especially when they are faced with steep inflation, soaring energy bills, supply chain disruption and a widespread labour shortage under the cost of doing business crisis.”

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McTague added, “Reducing the threshold to one employee really makes a difference in this space. Together with the addition of e-Commerce software and one-to-one advice for SMEs on technology adoption, this will enable more small businesses to fulfil their growth ambitions and in turn spur our economy.

“Research shows adopting relevant software for three years or more translates into higher sales per employee – the use of CRM boosts this by 18.4% while adopting cloud-based computing means a 13.5% increase. E-commerce software also pushes sales per employee up by 7.5%.

“We encourage small businesses to consider how best they can use this scheme, which will have real benefits for the way they conduct business.

“We are glad that Ministers are listening to our views and look forward to continuing to work with the Department for Business, Energy and Industrial Strategy (BEIS) on helping small firms grow their business through technology adoption.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Thousands of Contractors, Small Businesses and the Self-Employed Choose Dolan Accountancy

With over 30 years’ experience, Dolan Accountancy are award-winning nationwide accountants for contractors, small businesses and the self-employed. We have the specialist skills, reputation, and credibility you can trust.

Our all-inclusive packages cover everything you need, with no hidden costs.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require.
  • Free Access to FreeAgent – We offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We are partnered with multiple banking providers, several of which provide free business banking for the first 12 months.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax, unlimited IR35 status reviews and Dividend advice, to name just a few.
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