Finance

Pearson May Financial Update: 30-day reporting for sale of UK residential properties

July 6, 2021
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Pearson May Financial Update: 30-day reporting for sale of UK residential properties

As we have mentioned in some of our previous articles, there was a change last year to the reporting and paying of Capital Gains Tax (CGT) in relation to disposals of UK residential property, writes Pearson May partner Jacqui Bowden. This change came into effect on April 6, 2020, and with the recent boom...

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Defence electronics industry executive takes up new role as IoD South West vice-chair

July 2, 2021
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Defence electronics industry executive takes up new role as IoD South West vice-chair

A business mentor, coach and advisor who spent much of his career in the Bath area’s defence electronics industry has become vice-chair of the Institute of Directors’ South West region. In his new role, Steve Hill, pictured, will support the transition to a new chair later this year when current chair Muir Macdonald steps down...

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Ten new appointments at PwC ‘testament to how it is growing’ in the West region

July 2, 2021
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Ten new appointments at PwC ‘testament to how it is growing’ in the West region

Nine new directors and a new partner have been appointed by global accountancy group PwC’s West & Wales region as it heads into its new financial year. New audit partner Stuart Couch, pictured, joined PwC in the region as a director in 2014, having been with the firm in London since 2001.  Born and educated...

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Bath Business Blog: Milsted Langdon restructuring partner Tim Close. Covid insolvency rules extension offers relief – but distressed firms must seek help

June 29, 2021
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Bath Business Blog: Milsted Langdon restructuring partner Tim Close. Covid insolvency rules extension offers relief – but distressed firms must seek help

As many Coronavirus restrictions will now remain in place until July 19, the government has decided to extend some of the temporary Covid insolvency rules to support struggling businesses. While an extension to the measures is welcome but businesses in distress still face tough months ahead.  Originally introduced in March last year, the Corporate...

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Free guide offers expert advice for directors on what to do when things go wrong

June 29, 2021
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Free guide offers expert advice for directors on what to do when things go wrong

R3, the restructuring and insolvency trade body, has launched a free guide for company directors on how to spot signs of financial distress, options open to them to resolve it and where to get expert advice. Called Get Back to Business: A guide to dealing with corporate financial distress, it is available to download from www.backtobusinessuk.com The guide: ...

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Skill shortages threatening to jeopardise ‘remarkable turnaround’, Business West survey shows

June 25, 2021
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Skill shortages threatening to jeopardise ‘remarkable turnaround’, Business West survey shows

West of England business’s confidence in the economy has bounced back for the first time in four years, according to a new survey, but there are growing fears that the recovery will be choked off by a lack of skilled workers. The latest quarterly economic survey conducted by Business West, the region’s largest business...

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Recovery Loan Scheme approval for Time Finance as it helps small firms bounce back from impact of Covid

June 25, 2021
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Recovery Loan Scheme approval for Time Finance as it helps small firms bounce back from impact of Covid

Bath-based alternative financial services group Time Finance has become an accredited lender under a government scheme to help businesses recover from the impact of the coronavirus pandemic. The group, which specialises in asset, loan and invoice finance products, is now able to support small and medium-sized firms looking for additional funding by providing loans and...

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Bath PR firm throws down challenge to young people to help city businesses innovate for good

June 25, 2021
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Bath PR firm throws down challenge to young people to help city businesses innovate for good

Public relations consultancy Clearly has launched a project for young people to help businesses in its home city of Bath tackle climate change and increase positive social impact. In what it believes is the first venture of its kind for a UK PR firm, Clearly has committed £5,000 to fund the research, development and...

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Pearson May weekly financial round-up

June 24, 2021
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Pearson May weekly financial round-up

Bath accountancy firm Pearson May and Bath Business News team up with each week to bring you the top national finance stories. Sweeping EU VAT reforms to affect online retailers  Three reforms to the EU’s VAT rules take effect from July 1 Does this affect you? Find out here Furlough scheme begins winding down as scheduled Chancellor Rishi Sunak...

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Data management acquisition handled by Bishop Fleming’s corporate finance team

June 24, 2021
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Data management acquisition handled by Bishop Fleming’s corporate finance team

The corporate finance team at Bishop Fleming, the regional accountancy firm with an office in Bath, has advised an independent records management business on an acquisition that has made it one of the top firms in its sector. Secure Data Management, based in Kemble, near Cirencester, had already double its number of client records...

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