June 2017

Smith Cooper’s Business Recovery and Insolvency division attended the TRI Awards in London last night, having been nominated for not one, but two distinguished awards – Insolvency Team of the Year, and Corporate Restructuring Firm of the Year, in recognition of the outstanding contributions they have made in the challenging field that is corporate rescue.

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HMRC has announced as of January 2018, employers will no longer be able to use personal credit cards to settle outstanding PAYE overdue payment penalties, PAYE settlement agreements or Construction Industry Scheme (CIS) late filing penalties.

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We are very pleased to announce Sarah Flear, Partner at Smith Cooper, has been nominated for a prestigious Nottingham Post Women in Business Award, namely Executive of the Year.

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Alliott Groups International Tax Services Group facilitates access to expert tax advisors in many of the worlds commercial centres across some 70 countries.

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Smith Cooper has climbed 7 places in the Accountancy Age Top 50 + 50 2017 ranking, surging into the top 50 following a successful year. 

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With effect from 6 April 2018 the total level of contributions into Automatic Enrolment Pension Schemes will increase from 2% of relevant remuneration (which has to include a minimum 1% employer contributions), to 5% (which has to include a minimum 2% employer contribution). That is quite a jump in cost for both the employer and the employee, and with effect from 6 April 2019, the total contribution will increase to 8% (with a minimum 3% employer contribution).

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Following a busy summer, Smith Cooper Corporate Finance has secured a top 10 UK-wide ranking in Experian’s International M&A review for August 2017, coming 10^th by deal volume nationally, placing it amongst sector giants.

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Friday 22^nd September saw professional’s clients, colleagues and friends alike from across the Midlands join us for the annual Smith Cooper Charity Golf Day in aid our chosen charity, ‘Appeal 4 Alfie’. 

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Derby based epm technology, well known as a supplier of Formula 1, has been acquired by Manchester based AS.G (Aero Services Global Limited), a global distributor of aviation consumables, as part of a multimillion pound ‘buy and build’ deal.

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The Midlands Engine Investment Fund (MEIF) helps entrepreneurial SME’s based in the Midlands achieve their growth potential through the provision of funding in the form of small business loans and debt finance.

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Smith Cooper Corporate Finance recently hosted Mobeus who updated the team on the current funds they have available for SME’s.

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We are thrilled to announce that 16 new recruits, including 11 graduates, will be joining the firm by the end of September.

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The Corporate Finance division of Smith Cooper, won the “SME Deal of the Year” award on Thursday evening at the Insider Midlands Dealmakers Awards in Birmingham.

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In order to maximise its revenue from compliance investigations, HMRC is putting increasing pressure on small and medium sized businesses. As a result, many businesses could be at risk of inquiries into their tax filings. 

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After entering Administration in December 2016, Lincolnshire based children’s charity Children’s Links, has now successfully exited administration, and is now back in the hands of its Board of Trustees and Senior Management Team.

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HMRC have recently released the latest Advisory fuel rates that came into effect from 1 September 2017. 

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HRMC has warned of a new scam that is currently circulating, targeting taxpayers.

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Leicester based business, Energy & Security Limited, which trades under the style EAS Windows, appointed Administrators from Smith Cooper on 31st August 2017. 

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Today, we welcome the arrival of new Partner, Martin Gadsby, to our Derby office. Smith Cooper now has 18 Partners across the Midlands.

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