New research from Premium Credit shows more than 550,000 SMEs are currently struggling to pay tax bills with Corporation Tax and VAT top of the agenda.

New analysis from the UK’s leading insurance premium finance company, Premium Credit, shows the Construction sector borrows the most to fund insurance but the Professional and Scientific sector is the fastest-growing.

After a detailed shortlisting process, Premium Credit has been named as finalists at the CIPD People Management Awards (Chartered Institute of Personnel and Development). The awards recognise the outstanding talent, teams and projects delivered by the UK’s public and private sector within Human Resources, Learning & Development and Organisational Development.

Premium Credit, the award winning specialty finance provider, is pleased to announce that Stewart Ward has joined the business as UK Director, Education.

As the FCA sends out invoices to regulated firms requesting payment of annual fees, Premium Credit is offering a finance facility so recipients can spread the cost over convenient monthly repayments, helping firms preserve cash flow.

Premium Credit, a leading provider of finance, has seen strong growth in the volume of funding it has delivered through its Tax and VAT funding proposition, which allows companies and business owners to spread the cost of their VAT, corporation tax and self-assessment tax payments.