Redde Northgate, the mobility and automotive services group that includes Bath-based specialist vehicle accident management firm Redde, have accelerated into record territory, driven by a spate of new contract wins and acquisitions. Pre-tax profits for the year to the end of April came in at a new high for at the group of £178.7m, a 34.7%...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. SMEs responsible for 56% of tax gap Tax gap rises by 5% to £36bn. Click here for more information HMRC raises late payment interest rates Interest on tax debt rises to 7.5%. Find out more here
Five senior executives from Bath-based financial services firm Novia Group are hoping to bring in £25,000 for charity by taking on the Three Peaks Challenge later this month. Taking part on 29 July will be CEO Patrick Mill, chief people officer Vicki Baker, chief risk officer Tom Dudley, chief customer officer Lucy Bristow and Robert...
The tax benefits of making pension contributions can be significant and with the announcements in the Budget earlier this year which increased the annual allowance and abolished the lifetime allowance, it is more important than ever to make sure you are making as much use of your allowances as possible, writes Pearson May partner Jacqui...
Three businesses from the Bath area have been named among Britain’s fastest-growing small private companies. The trio – Bath jewellery and accessories retailer Abbott Lyon, specialist digital advertising agency Network N, also based in Bath, and Chippenham-headquartered online retailer Furniturebox – appear in the latest annual ranking of rapid-growth firms with revenues of less...
Experienced tax adviser Kim Farmerey has joined regional accountancy firm Milsted Langdon as a senior tax manager. Kim, is a Chartered Tax Adviser with more than 20 years’ experience in the industry, including working at two of the UK’s Big Four accounting firms. She has a broad spectrum of clients, including sole traders, landlords,...
A lack of interest among the West of England’s politicians in its tech sector, despite its strength, is holding it back compared to other regions, according to a major new report. At the same time, the government’s ‘levelling-up’ agenda is steering funding towards parts of the country with strong and supportive political leadership. As...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Outcry as HMRC closes self-assessment helpline Helpline will reopen in autumn. Click here for more information MTD set to cost five times its original budget Tax experts claim Making Tax Digital is ‘out of control’ Find out more here
The University of Bath’s commitment to fostering innovation and enterprise in the city will step up a gear next week when it hosts a major business show. The two-day Bath & North East Somerset Business Show takes place in the university’s new School of Management next Tuesday and Wednesday, 27-28 June. will feature exhibitions, workshops,...
The government and the Bank of England must do more to curb interest rates and lower inflation to avoid firms in Bath being “pushed to the brink”, the area’s largest business organisation has said. Following the Bank’s decision yesterday to hike the base rate from 4.5% to 5% – its highest for 15 years...
