Newsletter 21

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city of wolverhampton council

Relight Business Support

    Newsletter issue:  21        

BUSINESS CHALLENGES ROUNDTABLE WORKSHOP - Thursday 3rd November at Wolverhampton Science Park

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The workshop will see the Black Country Chamber and the Federation of Small Businesses share details of their latest lobbying campaigns, and importantly provide you with the opportunity to share some of the challenges you are currently facing with your business – be they energy costs, supply chain disruption, recruitment difficulties, managing cashflow, regulations to name but a few.

 

To book on please click here.

 

The Council and partners FSB and Chamber are keen to listen and engage with you on current issues and concerns, to share the work that is in place and explore peer to peer support and be part of the future shape of business support. The workshop will be led by the City Council, and we will be joined by:

  • Cllr Simkins – Deputy Leader City of Wolverhampton Council
  • Isobel Woods, Head of Enterprise at the City Council
  • Karen Webb, Director of Business Services at the Chamber
  • Karen Woolley, Development Manager for Staffordshire and the West Midlands at the FSB

INCLUSIVE INNOVATION AWARDS

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Innovate UK is encouraging businesses to consider diversity and inclusion in their approach to innovation – including ensuring that new products, processes and services are designed at the outset with diversity, and diverse users, in mind. They are keen to see more innovations developed with improvements in equality, diversity, and inclusion as a goal, resulting in a higher chance of commercial success and delivering benefits to all parts of society – and this is why they are investing up to £2.5 million per year for the next three years to celebrate inclusion in innovation, to support businesses who are role models in developing innovations that centre on equality, diversity and inclusion in their design and development.

The Inclusive Innovation Awards are open for applications from 28 September 2022 to 9 November 2022

50 awards will be offered to micro, small or medium-sized enterprises across the UK to support diversity in business. The winners will receive a £50,000 grant each for scale-up of existing, or development of new, work on inclusive innovations. 


MAKING TAX DIGITAL

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If your business is registered for VAT you must follow the Making Tax Digital rules, whatever the size of your taxable turnover. This means you must keep your VAT records digitally and submit your VAT returns to HMRC using compatible software. To find out more, join HMRC’s next live webinar – Making Tax Digital for VAT, where you can also ask questions using the on-screen text box. This overview of Making Tax Digital includes how to sign up, what is meant by compatible software, digital record keeping, and submitting VAT returns directly from the business.

 

Register here

 

You can also watch this short video, 'How do I sign up for Making Tax Digital for VAT?' on HMRC’s YouTube channel.


BUSINESS DIRECTORY – WOLVERHAMPTON POUND

The city is looking to grow the Wolverhampton Pound,  working with procurement teams in the council, Wolverhampton University, Wolverhampton Homes, Wolverhampton College and New Cross Hospital. The ambition is to involve businesses with local supply chains with a number of public sector organisations and businesses in our City, grow the local spend and create jobs and bring new skills to our city

 

The City Council in partnership with the Economic Growth Board (made up from businesses representing the key sectors in the City) and Business Champions invite local businesses to come forward and register their interest in the business directory of the numbers of businesses registered, with a view to create an online directory creating a platform for business to business activity to bolster the Wolverhampton Pound and grow the local economy.

 

We invite all Wolverhampton based businesses to register on the directory by clicking here.