Even among those who follow good tax planning practice and maintain forecasts running several years forward, it is unlikely that many foresaw the dramatic end to the 2019/20 tax year, writes Pearson May partner Matthew Rutter. With the impact of Covid-19 and the subsequent lockdown, the economy shrank a record 20.4% in April and...
Bath tech and creative businesses seeking equity investment of between £100,000 and £2m are being invited to take part in the next Silicon Gorge showcase. Taking place on November 12 as part of Bristol Technology Festival, the event will give up to 12 start-ups or scale-ups the chance to pitch to a virtual room...
Bath-headquartered national firm Stone King is offering free virtual training sessions for trustees and senior management teams of charities, including guidance on managing the impact of the coronavirus crisis. The training programme, called Essential Trustee And Governance In Practice, is designed to equip charity trustees and staff with the knowledge they need to carry...
Regional accountancy firm Milsted Langdon, which has an office in Bath, has joined family law organisation Resolution to call for a reform of Capital Gains Tax (CGT) to make it fairer and simpler for divorcing couples. The Office of Tax Simplification (OTS), part of the HM Treasury, is reviewing the CGT, including the way...
The coronavirus pandemic has hit profits at more than 60% of firms in the West of England – with nearly one-in-seven fearing they will never return to pre-Covid levels of activity, according to the largest business survey in the region. Just under a quarter of firms have, or plan to, axe jobs with a...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Ten coronavirus scams to watch out for UK Finance urges people to be on their guard as scams increase during the pandemic. Click here for more information Housing round-up: Stamp duty, help to buy, discounts Measures to...
Regional accountancy firm Bishop Fleming, which has an office in Bath, is boosting its restructuring team to take account of the impact of the coronavirus pandemic on businesses. Three members of the 11-strong team have become licensed insolvency practitioners – increasing to four the number holding the title – while it is currently recruiting...
A steep rise in corporate insolvencies linked to the coronavirus pandemic is being predicted for this winter – and could start as early as October. New research from insolvency and restructuring trade body R3 indicates that lack of funds to pay their rent is likely to be the biggest cause of firms getting into...
The hospitality and leisure sectors across the West of England urgently need more targeted help from the government to avoid devastating closures and job losses, experts today warned. With the sectors employing 40,000 people and contributing £40m to region’s economy, their survival is essential. Yet many commercial landlords are failing to accept their bar and...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. HMRC reveals future plans for Making Tax Digital MTD for income tax set to be implemented from 2023. Click here to find out what’s changing How to make a Will using video-conferencing software Government temporarily relaxes Will-writing...
