Nine in 10 mid-sized firms based in the South West shrugged off the national economic gloom last year to achieve their forecasted growth, according to a new survey. Now nearly a third plan to launch new products or services to continue to expand this year, despite challenges linked to the ongoing cost of living...
Bath Building Society has selected Mentoring Plus, which helps young people who are struggling with school, family or wellbeing, as its charity of the year. The society, which has more than 20,000 savers and 1,200 mortgage customers, asked its 75-plus staff to nominate a charity close to their hearts and which does great work...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Thousands choose payment plans as tax deadline approaches HMRC offers payment plan for self-assessment customers. Click here for more information FSB proposes vital VAT reforms VAT threshold increase could boost growth for small businesses. Find out more here
A programme to help the West of England’s 2,000-plus charities, third sector organisations, social enterprises and co-operatives cope with increased demand amid the cost of living crisis has been launched. Called Social Economy West, the £1m initiative aims to make the sector more resilient and less reliant on one-off grants and short-term funding. It also has...
Staff wellbeing will go under the spotlight at a business breakfast in Bath next month, with a panel featuring two of the city’s most successful entrepreneurs. The event, on 9 February, is being staged by Bath BID in partnership with Bath Forum. It is the first in a quarterly series linked to popular topics from...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. More than 1m over 50s now self-employed Major shift in self-employed workforce since pandemic. Click here for more information HMRC issues cryptoassets tax reminder Non-compliance may result in penalties. Find out more here
Turnaround and restructuring expert Tim Sloggett has been appointed as the new South West and Wales chair of insolvency and restructuring trade body R3. Tim, pictured, who is managing director in the financial advisory team at independent advisory firm Quantuma’s Bristol office, will work with R3 to plan and deliver events and conferences for its...
New rules are being brought in by HM Revenue & Customs (HMRC) requiring online sales platforms to make an annual report to them with the details of individual sellers, writes Pearson May partner Matthew Rutter. This is so that HMRC can check whether the individuals have paid tax correctly on such sales, where applicable,...
A partner with regional accountancy firm Bishop Fleming, which an office in Bath, has been elected vice-president of the profession’s leading membership organisation. Caroline Smale, pictured, who leads Bishop Fleming’s risk and compliance team, takes up the role at the Institute of Chartered Accountants in England and Wales (ICAEW) this summer for a year. Caroline...
Fewer than one in five West of England businesses have confidence in the UK's economic outlook this year, according to a new survey – yet almost two-thirds are optimistic about their own prospects. Key challenges identified by firms in the region as 2024 gets under way are interest rate levels and labour shortages, according...
