After multiple policy U-turns and much uncertainty, the main rate of Corporation Tax will rise from 19% to 25% from 1 April, writes Pearson May partner Matthew Rutter. The government will also establish a ‘small profits rate’, which will hold Corporation Tax at 19% on profits of £50,000 or less. According to the government,...
Bath’s long-awaited creative centre in the city’s former Stothert & Pitt crane works has been officially launched – with more than half the space already let. The once-derelict riverside buildings on Lower Bristol Road have been transformed by developer and regeneration specialists TCN into modern workspace of the type that firms in Bath’s burgeoning creative...
Bath-based education technology company DoodleLearning has been championed in a prestigious US awards scheme for its revolutionary maths app. Designed to be used for just 10 minutes a day by children aged from four to 14, the DoodleMaths app uses the latest advances in learning and motivational psychology to raise attainment and boost confidence...
Bath-based full-fibre broadband provider Truespeed is aiming to more than double the size of its network this year having achieved record growth in 2022. The firm expanded its footprint by 25,000 properties across the South West last year – taking the total to 60,000 – connecting 13,000 customers and hiring more than 80 new employees. This year it...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. HMRC publishes updated VAT penalty regime The new penalty system came into effect on 3 January. Click here to find out what has changed Small business tax debt is growing Non-payment has increased since the Covid-19 pandemic. Find out...
A hotel near Bath is to give discounts on overnight stays if guests commit to helping make it a more sustainable venue, including taking quicker showers and reusing towels. Bowood Hotel, Spa and Golf Resort, pictured, says the aim is to educate guests on its energy conserving practices by encouraging them to adopt sustainable...
International healthcare firm Alliance Pharma has strengthened its board by appointing Martin Sutherland as an independent non-executive director and promoting Richard Jones to senior independent director. Chippenham-headquartered Alliance, whose products range from stomach ulcer treatments to anti-dandruff shampoo, said the move supported its growth strategy as it recovers from Covid-induced supply chain disruption and global...
Bath law firm Mogers Drewett is to build longer-term relationship with three foodbanks throughout 2023 after donating £1,000 to each of them amid unprecedented demand for their services. The money was raised by staff from the firm’s offices in Bath, Sherborne and Wells, who sold hundreds of raffle tickets in the run-up to Christmas. Prizes...
Three areas of legal expertise at Bath-headquartered law firm Stone King have been enhanced with a number of new appointments. The firm’s leading charity team has been further strengthened by the appointment of Frances Godden as a senior associate, and its dispute resolution team has also been boosted with the appointment of senior associate...
The High Court has dismissed the legal challenge brought against the Planning Inspectorate’s permission for Bristol Airport’s expansion. The Planning Inspectorate decided last February to allow the airport to increase its annual limit on passengers from 10m to 12m after North Somerset Council rejected the plan, which includes major investment in the existing terminal building,...
