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Higher education ‘crucial to addressing skills gap’

Business owners face increasing competition to secure highly-skilled graduates, according to research by Universities UK.

The report found that while 440,000 new professional-level jobs were created in 2016, there were only 316,690 first-degree graduates in the UK, leaving a recruitment shortfall of 123,310.

It estimates that by 2030, the UK will face a talent deficit of between 600,000 and 1.2 million workers, affecting employers in both the financial and business services sector and in the technology, media and communications sector.

This skills gap is expected to be driven by new and changing technologies, such as automation, robotics, artificial intelligence and digital technologies.

To meet the rising need for higher-level skills, the report argued that continued higher education and skill upgrading should be promoted among people of all ages.

Edwin Morgan, director of policy at the Institute of Directors, said:

"Not being able to find people with the right skills consistently comes up as a top issue affecting our members, so universities have a crucial role to play in filling this gap.

"A significant factor in the UK's low productivity growth is that firms aren't able to fully adopt and embed new technologies in their business models.

"In many cases this is because they lack the required skills. The government must therefore view education as an integral part of its industrial strategy."

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Why Clients Choose Easy Accountancy

Easy Accountancy offers a low cost, fixed fee accountancy package with all clients receiving their own dedicated, friendly, approachable accountant.

All of our accountants specialise in providing accountancy services to the self-employed, freelancers, sole traders, small to medium sized limited companies and private individuals. All accountants are employees of Easy Accountancy and we never outsource or offshore work.

Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own dedicated accountant throughout the year and covers all your business and personal tax affairs needs.

All our accountancy services include:
  - Unlimited access to your accountant
  - Ongoing advice on how to manage your business
  - Proactive tax advice throughout the year
  - Updates and reminders so you'll never miss a deadline
  - Free bookkeeping software

As a sole trader our fees start at just £60 + VAT a month, for this you receive the above plus:
  - Completion of your Self-Assessment tax return
  - Advice on how much Income Tax to pay
  - Guidance on National Insurance contributions

As a limited company our fixed fee packages are bespoke to your needs, however typically you’ll receive the above, plus:
  - Completion of your year end accounts*
  - Completion and submission of your annual return Companies House
  - The director/s Self Assessment tax return
  - Payroll bureau
  - Dividends and corporation tax computations

We’ve saved our clients up to half on their accountancy bills – if you’d like a quote, click on the quote me button to the right of this page. Alternatively, call us on 01442 275767 or email newbusiness@easyaccountancy.co.uk.

*If you would like us to complete your company year end accounts we simply ask that you have been a client of Easy Accountancy for one year or have made 12 monthly payments.