Intelligent SME.tech Issue 54 | Page 9

// LATEST UPDATES //
New e-commerce solutions offering to SMEs
Argentinian payments start-up, Geopagos, and Costa Rican bank, BAC, launched Pyme Store BAC to provide e-commerce solutions to SMEs in Latin America and Central America.
The platform, which makes it easier to create an e-commerce store, is intended to act as a commercial bridge, connecting products and services with potential customers.
This marketing channel will help SMEs position their sales through a digital ecosystem that fuses the essence of small- and medium-sized businesses with e-commerce, including preferred payment methods such as Compra Click and Apple Pay.
Pyme Store BAC has been designed in conjunction with Geopagos to offer an intuitive interface that, as pitched, will make it easier for SMBs to manage and design robust digital catalogues with great depth in the description of prices, offers and discounts, configuration of payment methods and personalised shipping, among other essential functionalities.
Boost for side-hustlers as 300,000 people to be taken out of tax returns
Up to 300,000 people, including those with side hustles, will no longer need to file a Self-Assessment tax return, the UK Government has announced.
This includes people trading clothes online, dog walking or gardening on the side, driving a taxi or creating content online.
The Income Tax Self Assessment( ITSA) reporting threshold for trading income will increase from £ 1,000 to £ 3,000 gross within this parliament.
This will help deliver the Plan for Change by freeing up time for taxpayers helping to create the conditions for economic growth.
An estimated 90,000 of the 300,000 will have no tax to pay and no reason to report their trading income to HMRC in the future at all. Others will be able to pay any tax they owe through a new simple online service.
The changes reflect the government’ s commitment to driving forward efficiency reform, a key component of its Plan for Change.
Big Group receives top SME score for climate action in CDP Global 2024 scoring
Big Group, an employee-owned integrated marketing agency headquartered in London with offices in Amsterdam, Bath and Dubai, achieved the highest rating awarded to SMEs by CDP, formally known as Carbon Disclosure Project, in its annual review of over 25,000 companies worldwide.
Big group achieved the B rating for 2024 across 14 climate categories evaluated from reductions in Scope 1,2 & 3 emissions through governance, strategy and ability to meet targets. CDP assesses submissions from over 25,000 companies worldwide on sustainability efforts annually to compile scoring based on the disclosure of high-quality environmental data, demonstrating tangible climate action.
Big Group has taken part in CDP since 2019 and has consistently achieved incremental reductions in carbon impact through setting specific targets and working with clients, suppliers and employees to achieve this.
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