Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Financial Reporting Council (FRC) audit enforcements down by a third Audit quality concerns despite reduced investigations Click here to find out more HMRC warns on workplace nursery tax abuse Employers must meet the criteria to avoid penalties. For more details,...
More than £11m has been lent to start-up firms across the South West ranging from a sewing café to a mobile cocktail bar over the past year under a programme run by the British Business Bank. Since its launch in 2012, the Start Up Loans scheme has supported more than 9,000 businesses through £90m in loans...
The West of England’s economy is forecast to grow faster over the next five years than any other part of the UK outside London, according to two new reports. The region, along with South Wales, will achieve economic expansion of 1.4% a year between now and 2029, according to the analysis commissioned by the...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC rolls out VAT registration Estimator tool for assessing VAT registration impact for SMEs. Click here to find out more Stricter ID rules for UK company registration New measures target fraud and enhance transparency. For more details, click here
The CEO of Bath’s oldest charity, St John's Foundation, is to step down after six years in the role. David Hobdey, pictured, who retires later this month, joined the community organisation, which 850th anniversary this year, in 2016 as finance director. He became CEO two years later and in 2020 was instrumental in launching...
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
