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November 2016

 
News

A recent Tribunal win for a livery business has wider implications, says Catherine Desmond, Partner at Smith Cooper Accountants.

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News

The Common Reporting Standard, otherwise known as the CRS, is a global information standard for the automatic exchange of tax and financial information, and is intended to prevent tax evasion.

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Following the fantastic news that our BR&I team have been named finalists in two TRI awards categories, we are delighted to announce Smith Cooper Corporate Finance has also been shortlisted for two Insider Midlands Dealmaker Awards!

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News

HMRC is seeing falling yields from its investigations into individuals and SMEs and as a result, may ramp up activity in order to maintain the returns made through investigations.  

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We are delighted to announce our Business Recovery and Insolvency (BR&I) Team have been named as finalists in the distinguished TRI awards for the second time.

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Update on the market

11 August 2017

Figures released at the end of June revealed that the rate of inflation dropped to 2.6% from 2.9%, mainly due to reduced petrol prices, and the Pound falling against the Dollar and the Euro by 0.25% and 1.12% respectively, exceeding economists’ expectations.  Interest rates have since been kept at their all-time low of 0.25%, signalling the Bank of England’s cutting of its growth forecasts.

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News

Smith Cooper will be out in force at the Ashbourne Show on Saturday 19th August, where we will be available for a coffee, some cake and to chat.

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News

The Managing Director of Derby-based Smith Cooper Independent Mortgage and Financial Advice (SCIMFA) has completed a management buyout from parent company Smith Cooper.

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The Pensions Regulator has warned that employers should be cautious of sophisticated scams which are currently targeting organisations and unsuspecting victims. The scams offer the sale of false certificates, which claim owners are exempt from workplace pension duties. These certificates are not genuine.

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Following the roaring success of last year’s inaugural sportive, Friday 28th July saw the Team Raleigh GAC & Friends Sportive take place in Derbyshire for the second time. 

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We are delighted to announce Geoff Cousins, former Managing Director of Jaguar UK, is on board with Smith Cooper as a specialist advisory consultant.

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News

Smith Cooper have once again secured a top ten ranking in the Midlands region of Experian’s M&A Activity League Tables for H1 2017, being in 9th position by deal volume. However, it has also broken into the top 10 in two additional regions, ranking 8th in both the North East and Northern Ireland. This places Midlands-based Smith Cooper in the top 10 in three of Experian’s 12 regions.

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We are delighted to announce the appointment of Andrew Stevens as an Insolvency Director to work across the firm’s offices, further evidencing our growth.

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Ilkeston FC sold

20 July 2017

Nottingham businessman Alan Hardy is delighted to announce his purchase of Ilkeston FC for an undisclosed fee from the club’s liquidators, Midlands based accountancy and advisory firm Smith Cooper.

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News

Bowers Projects Limited, a high voltage solutions specialist, offering competitive turnkey solutions, based in Luton with operations across the South of England, has ceased trading with the Company due to enter liquidation shortly. 

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Stoke based ADB Alarms Limited, a Security Systems Alarm Inspection Board (SSAIB) approved security installation business has been sold after entering administration on 26th June 2017. The sale rescues 14 jobs at the family run organisation, which has been trading for over 25 years. 

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Smith Cooper are delighted to announce that Kimberley Wapplington has been appointed to the role of Insolvency Manager within our Nottingham office. The promotion will take effect from 1st July.

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Ilkeston FC Limited has been placed into Liquidation for the second time in seven years.

 

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News

Unfortunately, we’re not talking about winning the lottery or a get rich quick scheme. We are in fact talking about high street footwear firm, Johnsons, who turned their fine from The Pensions Regulator (TPR) into a bill for over £40,000 for not complying with automatic enrolment requirements.

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News

There is already a requirement for companies to maintain a register of Persons with Significant Control (known as a PSC Register). At present such information is updated on the public record via the annual Confirmation Statement. 

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