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November 2013

 
News

The Liquidation of Carillion plc and its subsidiary companies has dominated the news this week and is likely to have a huge impact on businesses and contractors further down the supply chain.

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As a trusted member of The Institute of Chartered Accountants in England and Wales (ICAEW), we have access to pre-eminent resources and world leading advice for individuals and business owners.

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Following the recent crackdown on restaurant businesses, which sector is going to be next to face inquiries from the taxman? HMRC teams are sequentially targeting different sectors of the economy as it looks for new sources of revenue

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HMRC has announced it will no longer accept payments made by personal credit cards. The change comes in light of new legislation which has banned companies across the EU from charging surcharge fees for customers using credit or debit cards, without exception.

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Last night saw Smith Cooper's Business Recovery and Insolvency team host a screening of Star Wars: The Last Jedi at Nottingham’s Savoy cinema.

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We are delighted announced the formation of our new group company, Infuse Security. 

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Nottingham based specialist coffee company, 200 Degrees, has received £3m funding from private equity investor Foresight Group, in a deal advised on by Smith Cooper.

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HMRC returns from personal tax enquiries and investigations have jumped by 64% in the last year, as the threat of expensive and drawn out court action has discouraged people from fighting their tax claims.

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As we near the end of 2017, the land and property sector continues to show signs of improvement and growth albeit this is subject to regional and sub-sector variances. 

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Midlands based Accountancy and Business Advisory firm, Smith Cooper, has struck up a sponsorship deal with Nottingham’s multi award-winning charity, the National Justice Museum.

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Latest Advisory Fuel Rates

7 December 2017

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

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Jingle and mingle!

7 December 2017

December got off to a very festive start as we welcomed guests to our annual Christmas Breakfast event, held in Birmingham on Friday 1st December at the award-winning Zen Metro restaurant and bar.

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The Chancellor Philip Hammond presented his first Autumn Budget on Wednesday 22 November 2017. Click here to read our comprehensive summary.

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Partner Sarah Flear was nominated for the prestigious Executive of the Year Award at Nottingham Post Women in Business Awards. The awards ceremony was held at the Crowne Plaza Nottingham on November 16th.

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Autumn Budget Summary

23 November 2017

Yesterday afternoon, Chancellor Philip Hammond announced the Autumn Budget 2017, purporting to introduce new measures that ensure a low-tax, fair economy for both working individuals and businesses. Here, we summarise the main points.



 

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In light of recently introduced regulations, UK resident trusts (and non-UK resident trusts that are liable to UK tax) must now maintain a register of beneficial owners. 

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The countdown is on for taxpayers with undeclared UK tax liabilities relating to offshore interests to correct any historical non-compliance issues by 30th September 2018. 

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Technology grants up to £40,000 are available for SME’s within Derby, Derbyshire, Nottingham and Nottinghamshire, as part of an innovation to boost local economy and help businesses succeed in the digital age.

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From 8 November 2017, forms for notifying Companies House of Persons with Significant Control (PSC) are changing. 

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A recent study published by Ernst & Young concludes that the UK remains Europe’s number one choice for investment in acquisitions – surely a vote of confidence in the resilience of our economy.

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