Finance

Pleas for Chancellor to use Autumn Statement to freeze business rates – but do nothing else

November 18, 2013
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Pleas for Chancellor to use Autumn Statement to freeze business rates – but do nothing else

The managing partner of West accountants Bishop Fleming has a simple, one-word recommendation for what Chancellor George Osborne should do in his Autumn Statement next month – nothing. Matthew Lee believes if the Chancellor, pictured, is serious about ensuring the economic recovery takes hold and benefits business then he should resist the temptation to...

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Don’t miss out on the taxman’s generosity over R&D spending

November 15, 2013
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Don’t miss out on the taxman’s generosity over R&D spending

Bath area firms are being advised to check whether they qualify for valuable tax credits under the Government’s research and development (R&D) scheme. West accountancy firm Milsted Langdon, which has an office in Bath, says many firms are unaware they are eligible for the scheme which increases tax relief against taxable profits. To qualify,...

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Monahans seminar will outline how to maximise value from selling a business

November 8, 2013
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Monahans seminar will outline how to maximise value from selling a business

Bath area business owners considering selling their companies can get expert advice at a free conference staged by West accountants Monahans later this month. The morning event, at Homewood Park Hotel on November 26, is open to anyone planning to sell their business in the future or would like to understand the process involved....

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Chancellor calls in West finance experts to help with taxing task of simplification

October 31, 2013
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Chancellor calls in West finance experts to help with taxing task of simplification

Both of West accountants Bishop Fleming’s technical tax directors have been appointed as advisors to Chancellor George Osborne as part of his drive for tax simplification. Andy Richens has been engaged by the Chancellor’s Office of Tax Simplification (OTS) to advise on tax issues for small businesses, and is now retained to advise on...

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Bank finance helps fund healthy restaurant group’s appetite for growth

October 31, 2013
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Bank finance helps fund healthy restaurant group’s appetite for growth

The two University of Bath graduates behind one of the region’s most successful healthy fast food restaurant groups have secured a £65,000 funding deal with Santander to help finance further growth. Economics graduates Griff Holland and Ed Brown started Friska in 2009 in Bristol and it has since grown from one to four restaurants...

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Warning over Government plans to cap pension management fees

October 30, 2013
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Warning over Government plans to cap pension management fees

Bath independent financial advice firm Chase de Vere today warned of ‘unintended consequences’ behind the Government’s plan, announced this morning, to cap management fees charged by pension providers. The Treasury is consulting on limiting fees to between 0.75% and 1%, claiming the move could save tens of thousands of pounds for many people. Pensions...

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Car industry big hitter joins Grant Thornton’s automotive team

October 29, 2013
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Car industry big hitter joins Grant Thornton’s automotive team

One of the UK car industry’s most respected figures, former General Motors UK chairman Bill Parfitt, has joined accountants Grant Thornton’s automotive advisory team as a consultant. Mr Parfitt, pictured, is now working with team members including director and automotive manufacturing specialist Neil Barrell, who is based in the firm’s regional office in Bristol. The...

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Consultant joins Bishop Fleming’s independent financial advice business

October 28, 2013
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Consultant joins Bishop Fleming’s independent financial advice business

Bishop Fleming Independent Financial Advisers, part of fast-growing West accountancy firm Bishop Fleming, has appointed Darren Steadman as a financial planning consultant to serve clients across Bath and Bristol. Mr Steadman, who was educated in Bristol, spent 20 years with AXA Sun Life in the city, rising to implementation manager.  More recently, he was...

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Business West and Virgin team up to help the next generation of Bransons

October 25, 2013
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Business West and Virgin team up to help the next generation of Bransons

Young entrepreneurs are to benefit from a new support and advice service launched yesterday as a partnership between Virgin and Business West, the organisation that runs Bath Chamber of Commerce. Virgin StartUp will offer financial support, mentoring and business advice to thousands of young people across the country who want to follow Virgin founder...

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Barclays’ £1m funding means print group can press ahead with growth plans

October 21, 2013
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Barclays’ £1m funding means print group can press ahead with growth plans

Superior, the fast-growing design, print and fulfilment group, has secured a £1m investment from its long-term bankers Barclays to support further expansion. The funding comes a year after Barclays supplied £2m to fund a purpose-built design studio and increase printing capacity at Superior’s Melksham headquarters. Superior, which has doubled its turnover to £15m in...

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