Finance

Innovation, skills and technology programme aims to futureproof Bath’s financial services firms

April 16, 2024
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Innovation, skills and technology programme aims to futureproof Bath’s financial services firms

Bath’s financial services businesses are being encouraged to become more innovative through a pioneering programme launched this week. The pilot project, which is supported by a number of key tech organisations and businesses in the region, aims to get firms in the sector to adopt new technologies, strategies and processes.  As a result, they...

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Pearson May Financial Update: Have you declared gains made on cryptoassets?

April 11, 2024
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Pearson May Financial Update: Have you declared gains made on cryptoassets?

HM Revenue & Customs (HMRC) is continuing to send so-called ‘nudge letters’ to those individuals whom it believes are invested, or have been invested, in any cryptoassets, writes Pearson May partner Jacqui Bowden. If you think this may apply to you then it is important that you tell HMRC before it gets to you...

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Pearson May financial update

April 11, 2024
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. What are the April tax changes? NICs, CGT, pensions and family benefits affected. Click here to find out more HMRC releases profit calculator for tax year The calculator excludes partnerships.   For more details, click here  

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Milsted Langdon to take on regional rivals for second year running in coveted tax awards

April 11, 2024
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South West accountancy firm Milsted Langdon, which has an office in Bath, is to go head to head against rivals from the region for a prestigious tax award. The firm is one of five firms in the running for the Best Tax Practice in a Regional Firm title at this year’s Tolley’s Taxation Awards. ...

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Programme launched to give West of England firms the tools to thrive in the evolving digital landscape

April 10, 2024
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Programme launched to give West of England firms the tools to thrive in the evolving digital landscape

Expert support on how to enhance digital presence, adopt new technologies, improve competitiveness and increase productivity is now available to small and medium-sized businesses Bath firms under a new scheme. Called Tech for Growth, the initiative offers tailored tech adoption consultancy to eligible organisations. It aims to equip businesses with the necessary tools to...

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Bath Business Blog:Mogers Drewett head of employment law Sean McDonough. Are you ready for these employment law changes?

April 5, 2024
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Just in case you were under the misapprehension that we were set for a quieter period for employment legislation, you’ll see below that the next few months are set to be rather busy. That’s especially true for those of you looking after HR matters. To put this into context Lucy Cotterell, an HR consultant...

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Business saver account launched for firms looking to invest in positive social value in the region

April 5, 2024
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Business saver account launched for firms looking to invest in positive social value in the region

Bath firms are now able to put surplus funds into a specialist savings account while also supporting a regional organisation that gives access to affordable loans to individuals at risk of financial exclusion. Great Western Credit Union’s (GWCU) Business Saver is aimed at businesses that are looking to earn monthly interest at a competitive...

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UK’s economic outlook worsening, say region’s firms, despite most expecting higher sales this year

April 4, 2024
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UK’s economic outlook worsening, say region’s firms, despite most expecting higher sales this year

Confidence in the UK’s economic prospects among West of England bosses has continued to fall despite most expecting their own business to prosper this year. The latest Quarterly Economic Survey (QES) from Business West, the organisation behind Bath Chamber of Commerce, shows just 16% of firms in the region think the economy will improve over...

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Pearson May financial update

April 4, 2024
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Pearson May financial update

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC introduces digital authentication system Digital doorway introduced for new individual taxpayers. Click here to find out more   Stealth tax freeze threatens income of pensioners 1.6m additional retirees dragged into Income Tax levy. For more details, click here  

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Funding boost for Time Finance as lenders extend its facilities to more than £200m

April 3, 2024
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Funding boost for Time Finance as lenders extend its facilities to more than £200m

Time Finance, the Bath-headquartered alternative finance lender, is to boost its backing for small, expanding businesses following a major increase in its own funding. The group, which specialises in asset, loan and invoice finance products, now has total facilities worth more than £200m after finalising agreements with its funding partners. These include the British...

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