Finance

Pearson May financial round up

January 18, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Thousands choose payment plans as tax deadline approaches HMRC offers payment plan for self-assessment customers. Click here for more information FSB proposes vital VAT reforms VAT threshold increase could boost growth for small businesses. Find out more here  

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Pioneering £1m support scheme will put ‘rocket boosters under region’s vital social economy’

January 12, 2024
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Pioneering £1m support scheme will put ‘rocket boosters under region’s vital social economy’

A programme to help the West of England’s 2,000-plus charities, third sector organisations, social enterprises and co-operatives cope with increased demand amid the cost of living crisis has been launched. Called Social Economy West, the £1m initiative aims to make the sector more resilient and less reliant on one-off grants and short-term funding. It also has...

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New Bath Business Breakfast series kicks off with discussion on wellbeing in the workplace

January 11, 2024
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New Bath Business Breakfast series kicks off with discussion on wellbeing in the workplace

Staff wellbeing will go under the spotlight at a business breakfast in Bath next month, with a panel featuring two of the city’s most successful entrepreneurs. The event, on 9 February, is being staged by Bath BID in partnership with Bath Forum. It is the first in a quarterly series linked to popular topics from...

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Pearson May financial round up

January 11, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. More than 1m over 50s now self-employed Major shift in self-employed workforce since pandemic. Click here for more information HMRC issues cryptoassets tax reminder Non-compliance may result in penalties. Find out more here  

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Restructuring expert takes over as new R3 South West and Wales regional chair

January 10, 2024
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Restructuring expert takes over as new R3 South West and Wales regional chair

Turnaround and restructuring expert Tim Sloggett has been appointed as the new South West and Wales chair of insolvency and restructuring trade body R3. Tim, pictured, who is managing director in the financial advisory team at independent advisory firm Quantuma’s Bristol office, will work with R3 to plan and deliver events and conferences for its...

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Pearson May financial round up: HMRC launches clampdown on online selling

January 9, 2024
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Pearson May financial round up: HMRC launches clampdown on online selling

New rules are being brought in by HM Revenue & Customs (HMRC) requiring online sales platforms to make an annual report to them with the details of individual sellers, writes Pearson May partner Matthew Rutter. This is so that HMRC can check whether the individuals have paid tax correctly on such sales, where applicable,...

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Accountants’ professional body elects Bishop Fleming partner as its next vice-president

January 8, 2024
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Accountants’ professional body elects Bishop Fleming partner as its next vice-president

A partner with regional accountancy firm Bishop Fleming, which an office in Bath, has been elected vice-president of the profession’s leading membership organisation. Caroline Smale, pictured, who leads Bishop Fleming’s risk and compliance team, takes up the role at the Institute of Chartered Accountants in England and Wales (ICAEW) this summer for a year. Caroline...

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Confidence gap widens as firms see little economic cheer this year but are optimistic about own prospects

January 5, 2024
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Confidence gap widens as firms see little economic cheer this year but are optimistic about own prospects

Fewer than one in five West of England businesses have confidence in the UK's economic outlook this year, according to a new survey – yet almost two-thirds are optimistic about their own prospects. Key challenges identified by firms in the region as 2024 gets under way are interest rate levels and labour shortages, according...

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New relationship executive for Time Finance as it continues to grow its invoice finance offering

January 5, 2024
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New relationship executive for Time Finance as it continues to grow its invoice finance offering

Bath-based alternative finance provider Time Finance has appointed George Tierney as a relationship executive in its invoice finance team. George, pictured, started his career as a credit controller in Bibby Financial services, where he managed a portfolio of 40 clients, ensuring prompt payment of debtor invoices and managing customer relations.  In his new role...

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Top ESG accreditation recognises Milsted Langdon’s commitment to responsible business

January 4, 2024
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Top ESG accreditation recognises Milsted Langdon’s commitment to responsible business

Regional accountancy, tax and business advisory firm Milsted Langdon has received a prestigious accreditation for its commitment to environmental, social and governance (ESG) standards. The firm, which has an office in Bath, said the recognition by ESGmark, an organisation that promotes and rewards responsible business, was testament to its dedication to fostering a positive...

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