Taking Advantage of Technological/Political Changes to Future Proof Your Telecom and Utility Services
Throughout the national lockdown, businesses have been adapting to the changing landscape and over the past 14 months, communicating with your staff/customers has never been so important.
In light of the pending ISDN and PSTN switch off (scheduled to happen in 2025), many businesses have been taking advantage of the Government’s recently announced “Super Deduction” scheme, to purchase new telephony equipment. Many small businesses are looking at making their communication process “future proof” and have consequently been updating their services to VOIP (Voice Over Internet Protocol). This allows businesses to have a more flexible telecommunication system and help with things such as remote home working. With the inevitable ISDN/PSTN turn-off happening over the next few years, many businesses are taking advantage of the Super Deduction scheme now, whereby they can deduct 130% of capital allowances, against the purchase costs of the new solution. There are a number of stipulations with Super Deduction, such as lease options not being applicable for this scheme and you have to be a limited company and pay corporation tax, for example.
Technological advancements with “Single Order Generic Ethernet Access” (SOGEA) are becoming more and more commonplace, particularly with the increase of FTTC (Fibre to The Cabinet) across the UK, which the Government continues to push through. Openreach are now delivering a single order version of Fibre Broadband that means you do not have to install a traditional copper phone line to compliment the service (SOGEA includes an underlying version of a phone line). This is ultimately a significant part of the closing of Digital and Analogue lines, mentioned above. These changes will bring countless opportunities, including cheaper costs, a single provider, quicker fault fix times and also enables easier home working solutions. At present, not all areas will have this capability, due to FTTC not being available in the area, but this is rapidly changing day-by-day. Openreach will also be announcing soon which exchanges (and parts of the UK) will have their ISDN/PSTN lines turned off first, which will obviously impact companies in the effected regions.
Telecoms and utility costs are important for any business, and often small businesses are disadvantaged by not having the buying power of larger competitors. However, by being part of SightCare, you have access to very competitive arrangements and expertise in these areas. As you may be aware, there is a massive push at the moment for “Green” solutions by the Government, and “Green Contracts” are now very often the most competitive arrangement for small businesses. We believe this trend will only continue with all of the Government initiatives circulating, and a number of small businesses have been advertising that they use Green Suppliers for PR purposes. Energy efficiency/sustainability is becoming an important area for all businesses and this is a good opportunity to look at the opportunities available to future proof your business.
SightCare, through their Fair Price comparison service, work with a number of companies whose expertise in these areas is available to help members navigate and manage the complexities of their telecoms and utility requirements. For more information on SightCare’s Fair Price service visit https://www.sightcare.co.uk/fair-price-service/ or email us directly at firstname.lastname@example.org