Bath accountancy firm Pearson May and Bath Business News team up with each week to bring you the top national finance stories. R&D tax credits a ‘costly failure’ Research and development spending is lower than 20 years ago Click here for more details HMRC crackdown on gifting rules claws back £624m Families hit with big inheritance tax bills after...
Certain benefits and expenses provided to employees in the year to April 5, 2021, must be reported to HM Revenue & Customs (HMRC) by way of the P11D process by July 6, 2021, writes Pearson May partner Matthew Rutter. Where required, forms P11D ‘Expenses and Benefits’ have to be submitted to HMRC, together with...
Small businesses in Bath and North East Somerset can access a free business support service to help them grow and reach their full potential. The BANES Business Support Service is designed to help firms through the Covid-19 crisis and beyond by providing the support they need to adapt, recover and adjust to a changing...
The region’s largest business group has urged the Prime Minister to help create a more sustainable future for business at this weekend’s G7 summit in Cornwall. The British Chambers of Commerce South West (BCCSW) – which includes Bath Chamber of Commerce parent group Business West – has written to Boris Johnson ahead of the global...
Global accountancy group Deloitte’s South West operation has made eight key promotions, including a new partner, in a move it says underlines its commitment to promote talent from within. Hamish McFadyen, pictured, is its new consulting partner in Deloitte Digital, where he specialises in the strategy, design, implementation and operation of digital customer experiences. Hamish, who is...
A cross-sector team from Bath-headquartered law firm Royds Withy King has advised on a major takeover in the UK laundry equipment businesses. Barnsley-based Wolf Laundry, one of the UK’s leading suppliers of commercial laundry equipment, acquired Brewer & Bunney for an undisclosed seven-figure sum. Brewer & Bunney, based Redruth, Cornwall, is the...
New ways of working ushered in by the pandemic are continuing to create opportunities for Bath advanced analytics firm Actual Experience, it said as it unveiled a narrowing of half-year pre-tax losses. The firm’s pioneering advanced analytics systems enable companies to improve operational efficiency as more staff work from home. In comments accompanying its...
Cylix, the Bath-based eLearning software firm, has been acquired by the UK’s leading provider of business critical services and software that assure safety and regulatory compliance. London-based Marlowe said the move would offer “attractive synergies” with Deltanet, the compliance & safety eLearning platform it snapped up recently under its buy-and-build strategy. Cylix, which is based on...
A Bath hotel is offering free use of its meeting rooms to small businesses, charities and community groups as they look ahead to life after Covid-related restrictions. The Apex hotel on James Street West, along with nine others in the Apex group, this week launched its ‘Help in Hand’ initiative offering complimentary use of...
Bath’s small and medium-sized businesses are being urged to take advantage of grants which can make them greener while also saving them money. But they need to hurry as applications for the grants close on June 25. The Green Business Grant scheme is run by the West of England Combined Authority (WECA), which covers Bath...
