Finance

Budget 2017: Bath expert reaction. Dominic Bourquin, corporate tax partner, MHA Monahans

November 22, 2017
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Budget 2017: Bath expert reaction. Dominic Bourquin, corporate tax partner, MHA Monahans

Well, nobody could accuse the Chancellor of setting the world alight. But perhaps we should at least be grateful that most of us haven’t had our fingers burned with this Budget, anyway. The good news for aspirational young house owners – and their parents, who as part of the Bank of Mum and Dad...

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Budget 2017: Bath business reaction. Support for our growth sectors, but where’s the vision?

November 22, 2017
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Budget 2017: Bath business reaction. Support for our growth sectors, but where’s the vision?

Chancellor Philip Hammond’s support for the tech sector – a vital part of Bath’s economy – and his commitment to devolve more funding for infrastructure and skills to the West of England in Wednesday’s Budget have been welcomed by business figures. However, there was criticism that his measures lacked the dynamism and vision needed...

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Budget 2017: £80m promised to boost West of England’s transport links and cut congestion

November 22, 2017
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Budget 2017: £80m promised to boost West of England’s transport links and cut congestion

Chancellor Philip Hammond pledged more than £80m to invest in new transport infrastructure across the West of England in the Budget. The West of England Combined Authority (WECA) said it has been told it will receive the funding for schemes to improve connectivity, reduce congestion and encourage new technology – creating jobs and boosting...

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Budget 2017: Business West reaction. Chancellor keeps tiller steady as we sail into headwinds

November 22, 2017
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Budget 2017: Business West reaction. Chancellor keeps tiller steady as we sail into headwinds

Philip Hammond was a “cautious Chancellor doing his best in a tight spot” in Wednesday’s Budget, according to Phil Smith, managing director of Business West – the region’s largest business organisation which runs Bath Chamber of Commerce. He described Mr Hammond as playing a “weak hand with reasonable competence”, providing enough for his supporters...

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Budget 2017: National business reaction. Some help in challenging times

November 22, 2017
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Budget 2017: National business reaction. Some help in challenging times

CBI director-general Carolyn Fairbairn described it as a Budget that balanced support for people on squeezed incomes with vital action to help grow the UK out of austerity. But delivery was everything. “Against a sombre economic backdrop, the Chancellor gripped the steering wheel on the UK economy. Action on business rates, R&D tax credits,...

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Budget 2017: Key points

November 22, 2017
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Chancellor Philip Hammond has presented the 2017 Budget. Here are the main points: Economy is ready for challenges that lie ahead Growth forecast is now 1.5% this year, 1.4% next year and 1.3% in 2019/20 against 2% this year, 1.6% next year and 1.7% in 2019. Inflation peaking at 3% in this quarter before...

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Chancellor urged by Business West to be brave in the Budget and favour growth over giveaways

November 20, 2017
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Chancellor urged by Business West to be brave in the Budget and favour growth over giveaways

Business West, the region’s largest business organisation, today called on Chancellor Philip Hammond to “be brave, but invest in the long term” in Wednesday’s Budget. The group, which runs most chambers of commerce across the West of England – including in Bath – said businesses’ patience was wearing thin with a government that was...

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Bath Business Blog: Jon Miles, director, Richardson Swift. Will this be a tax-raising Budget?

November 20, 2017
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Bath Business Blog: Jon Miles, director, Richardson Swift. Will this be a tax-raising Budget?

With two days to go, speculation is rife on what will be in the all-new Autumn Budget. Interest is, of course, heightened by the fact that this is the first Budget for the new Parliament and the first to be held since Article 50 was triggered and the countdown to Brexit began, writes Jon...

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Rebrand for Monahans to highlight benefits of its membership of MHA network

November 20, 2017
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Rebrand for Monahans to highlight benefits of its membership of MHA network

Regional chartered accountancy firm Monahans has rebranded as MHA Monahans to underscore the strengths of being part of the national invitation-only MHA network. Monahans, which has eight offices across the West of England including in Bath, has been the region’s representative for MHA since 2012, enabling it to offer their clients enhanced specialist expertise...

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Pearson May Financial Update: HMRC campaigns – do you need to bring your tax affairs up to date?

November 20, 2017
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Pearson May Financial Update: HMRC campaigns – do you need to bring your tax affairs up to date?

As you may recall, our article published in August included details of the Let Property Campaign which was launched by HM Revenue and Customs (HMRC) nearly four years ago, writes Pearson May partner Nick Oliver FCA FIoD.   The Let Property Campaign is not the only campaign in existence. In the recent past, HMRC...

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