Do you know that if you sell UK residential property and there is Capital Gains Tax (CGT) payable, then the gain must be reported and the CGT paid within 60 days of the completion date? If you have recently sold a property, or are planning to, then you may need to take urgent action,...
Bath Building Society has appointed Ash Kassam as its chief finance officer five months after he took on the role on an interim basis. Ash, pictured, has more than 25 years’ experience in financial services. He joined Bath Building Society in March from Harpenden Building Society, where had worked for nearly one-and-a-half years as...
The new government’s pledge to devolve more powers from Whitehall to the West of England offers “a really exciting opportunity” for the region, according to the organisation behind Bath Chamber of Commerce. Business West, the region’s largest business organisation, said the move could trigger more jobs, homes and infrastructure as well as better transport...
More than 6,000 jobs were created across the South West last year as investment by overseas firms in the region recovered to its strongest for six years. The South West attracted 43 Foreign Direct Investment (FDI) projects in 2023 – a 23% increase on the previous year and the highest total since 2017. According...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Growth guarantee scheme sets 2026 target Initiative is set to support 11,000 small businesses. Click here to find out more Four-day week ‘improves productivity’ Trial boosts performance and staff retention. For more details, click here
South West accountancy and finance group Old Mill has a new-look board of directors as it continues to target growth. The six-strong board at the firm, which has offices in Chippenham, Wells, Yeovil and Exeter, includes a managing director for the first time. This new role will focus on running the firm and delivering...
Nearly half of South West businesses believe the General Election will lead to significant economic expansion in the region over the next six months, a new survey has revealed. Research commissioned by accountancy firm Monahans, which has seven offices in the region, including in Bath, shows 47% of business owners are confident that market...
The organisation behind Bath Chamber of Commerce has called on the newly elected government to ensure the West of England’s potential is fully harnessed, including investing in its growth sectors such as green energy. Business West welcomed Labour’s commitment to an “enduring partnership” with business to deliver the economic growth and stability that the...
Time Finance, the Bath-headquartered alternative finance lender, has hailed the success of its strategy after clocking up strong increases in revenues and profits. The firm, which specialises in a range of funding services spanning invoice finance, business loans and asset-based lending, has grown rapidly in recent years after deciding to concentrate on own-booking lending. ...
Nearly seven in 10 West of England firms have struggled to recruit staff over the past three months, particularly for skilled manual/technical and professional/managerial roles, according to a major new survey. Despite this problem, 79% of firms are looking to take on full-time workers and just under half are offering permanent positions, the latest Quarterly...
