Finance

Pearson May financial round up

January 15, 2025
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Extra HMRC funding recovered £45.7bn last year Tax investigations raise 28% more than 2023. Click here for more details.  Treasury losing revenue from spirit excise Industry calls for tax reform to boost growth. To find out more, click here

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Event: Your Leadership Future in 2025 – navigating the challenges

January 14, 2025
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Event: Your Leadership Future in 2025 – navigating the challenges

The way leaders can navigate the challenges brought in by the start of the new year will be explored at an event in Bath next week. Speakers Sarah Williment from Farleigh Performance, the leadership coaching arm of Bath Rugby, and Bath healthtech firm director Mayden Alison Sturgess-Durden will also look at how leaders can...

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Pearson May Financial Update: Scams warning as tax return deadline looms

January 13, 2025
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Pearson May Financial Update: Scams warning as tax return deadline looms

HM Revenue & Customs (HMRC) has urged taxpayers to be alert to scams as the Self-Assessment season picks up. As many people are filing their tax returns around this time of year, fraudsters can try to take advantage of this by attempting to contact taxpayers asking them to disclose personal information about their tax...

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Pearson May financial round up

January 10, 2025
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. New HMRC scheme targets excessive R&D tax claims Voluntary disclosure can mitigate penalties for excessive research & development claims. Click here for more details.  More than 90,000 Self Assessment tax returns filed over Christmas HMRC urges those who have yet...

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Isle of Man investment group says its £350m bid for Alliance Pharma will speed up its recovery

January 10, 2025
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Isle of Man investment group says its £350m bid for Alliance Pharma will speed up its recovery

Directors at international healthcare group Alliance Pharma have accepted a £350m takeover offer from its biggest shareholder in a move they say will offer relief from a tough few years. The Chippenham-headquartered firm, which owns a portfolio of products ranging from eye care treatments to anti-dandruff shampoo, has transformed itself over the past five years...

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Julian House says becoming Bath Building Society’s charity for 2025 ‘a lifeline and a beacon of hope’

January 3, 2025
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Julian House says becoming Bath Building Society’s charity for 2025 ‘a lifeline and a beacon of hope’

Bath Building Society has named city-based homeless organisation Julian House as its charity partner for 2025 after giving its 21,000-plus members a chance to vote in the selection process. The society, which was established in 1904 to offer savings and mortgages to the local community, asked its 75-plus staff to nominate a charity close...

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Time Finance clocks up its strongest-ever lending as its four-year strategy continues to pay off

December 20, 2024
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Time Finance clocks up its strongest-ever lending as its four-year strategy continues to pay off

The chief executive of Bath-headquartered specialist funder Time Finance has expressed his “real confidence” in the group’s continued strong growth following a half year in which it achieved record lending. The group, which provides asset, loan and invoice finance products to more than 10,000 small and medium-sized enterprises across the UK, had a lending book...

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New banking arrangement for Inspecs as it eyes opportunities to put recent sales worries behind it

December 19, 2024
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New banking arrangement for Inspecs as it eyes opportunities to put recent sales worries behind it

Bath-headquartered eyewear group Inspecs has increased its financial flexibility by rearranging its existing banking arrangements as it looks ahead to a brighter 2025. The group, which designs and manufactures a wide range of spectacles, lenses and frames for global markets, warned earlier this month that its full-year revenue and underlying earnings were likely to...

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Pearson May financial round up

December 19, 2024
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Pearson May financial round up

Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC issues guidance on foreign tax relief claims Taxpayers urged to check double tax agreements. Click here for more details.  Number of UK businesses using tax havens halves Fewer companies avoid UK tax through offshore schemes. To find out...

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Pearson May financial round up: Even the taxman can play Santa when it comes to your staff Christmas parties and festive gifts!

December 12, 2024
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Pearson May financial round up: Even the taxman can play Santa when it comes to your staff Christmas parties and festive gifts!

As this year draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient way that benefits both you and your employees? Here Pearson May partner Matthew Rutter takes a look at the main tax considerations to bear in...

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