1st Contact is pleased to provide you with a one-stop point of reference for any newsworthy stories that may coincide with the recession. We will be particularly keen to ensure that we include news stories which pertain to smaller and local companies. Thus far, we believe that media coverage has t... [More]

Nobody could help but notice the serious nature of the news with regards our economy at present. But, at the end of the day, how many of us fully appreciate our position as a consequence of all of this? This is where 1st Contact aims to set the record straight. We believe that small and local busi... [More]

A recent announcement made by the HMRC has indicated that from 1st April 2010, all traders with an annual turnover of £100,000 or more, existing companies exceeding £5.6 million per annum and new businesses (no matter what the income) will need to start filing VAT returns and making pa... [More]

With the a large quantity of businesses being affected by the current economic situation what, if any, impact the reduced VAT rate is having on small and local businesses across the nation. When the rate of VAT was recently cut from 17.5 per cent, to its present level of 15 per cent, t... [More]