Unincorporated businesses could be about to see significant changes to the way they are taxed, following the launch of a government consultation, writes Pearson May partner Matthew Rutter. The government plans to reform the basis period rules in a bid to simplify how unincorporated businesses, such as sole traders and partnerships, allocate trading profits...
New hires at regional accountancy firm Old Mill are up by more than a third on last year as it continues to shrug off the impact of the pandemic with strong growth. The firm, which has offices in Melksham, Wells, Yeovil and Exeter, took on a record number of trainees last year and is on...
Regional accounting and advisory firm Bishop Fleming, which has an office in Bath, has appointed David Lock as director of its growing corporate finance team. David, pictured, left, with corporate financer Charles Davey, is an experienced corporate finance professional with a lead advisory, banking, debt and equity background working across the South of England, including from bases...
South West accountancy firm Milsted Langdon is reminding employers of their obligations when it comes to the National Minimum Wage. In recent months, HM Revenue & Customs (HMRC) has been ramping up its investigation into employers who don’t pay the National Minimum and Living Wage – fining and publicly naming and shaming those businesses...
Green power supplier Good Energy looks to have repelled the latest takeover approach from arch-rival Ecotricity after it emerged that holders of just 1.8% of its shares have accepted the offer. Ecotricity already had 4,169,948 shares in Chippenham-headquartered Good Energy - equivalent to a 25.1% stake – before pouncing for a fourth time in...
A fundamental review of Bath & North East Somerset Council’s buying practices – including using more local suppliers to further reduce its carbon footprint – is being considered as part of the council’s commitment to tackle the climate emergency. The council, which spends more than £200m each year commissioning goods and services, wants to...
Time is running out for Bath area directors to enter the region’s top awards scheme championing its outstanding boardroom talent. The deadline for the annual Institute of Directors’ Director of the Year Awards is September 13. Nominations are open to anyone working at director level in any type of business or organisation – they do not have to...
Some of the key advantages of Employee Ownership Trusts will be outlined at an online event staged by accountancy group Smith & Williamson next week. The Zoom webinar on Wednesday, September 8, will set out the rules around Employee Ownership Trusts (EOTs) and how the structure works in practice, along with practical issues facing...
Time Finance, the Bath-based alternative financial services group, has appointed Sharon Bryden to the newly created role of director of commercial loans & asset-based lending – a move it said reflected its commitment helping businesses as they recover and grow. As a member of the operating board, Sharon, pictured, will have overall responsibility for...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring the top national finance stories. Pension freedoms age to increase from 55 to 57 Plans to be written into Finance Bill 2022 and take effect from April 2028. What’s changing? Find out more here ‘Cladding tax’ a step closer to 2022/23 introduction HMRC...
