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LASPO is the Legal Aid, Sentencing and Punishment of Offenders Act 2012. It was an Act put in place by Lord Justice Jackson to try to crackdown on the ‘Compensation Culture’ that had been growing in the UK, in order to better protect public funds and the public interest.

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Smith Cooper Accountants and Business Advisors are pleased to announce that the ACCA has renewed their Platinum Employer Status, following its recent review of the firm’s training and development processes.

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Corporate Finance

The Bank of England has today announced a cut in bank rate to 0.25%, the lowest on record and the first change since 2009.

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Smith Cooper partners James Bagley, Partner in the Nottingham office, and David Nelson, Partner in the Derby office are took part in the Prudential Ride London – Surrey 100 Bike Ride on 31st July 2016. Starting in the new Queen Elizabeth Olympic Park the route followed a 100 mile course through closed roads in the capital and onto Surrey's country roads and hills.

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For a second year the Business Recovery and Insolvency (BR&I) Team of Smith Cooper accountants and business advisors have been listed as finalists for two awards in the prestigious TRI Awards. 

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More than 50 cyclists saddled up for the Team Raleigh GAC and Friends Sportive organised by accountancy and business advisory firm, Smith Cooper and HUUB Events.

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As we all know by now, the UK public have spoken and voted for the UK to leave Europe.

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The Birmingham office of Midlands accountancy and business advisory firm Smith Cooper has appointed a new Senior Audit Manager as part of the firms’ on-going expansion.

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Walton & Allen, Nottingham Estate Agents established in 2000, have become the appointed representative of Smith Cooper Independent Mortgage & Finance Advice (“Smith Cooper IMFA”) to add mortgage advice to their range of services. Smith Cooper IMFA is supporting Walton & Allen by acting as the Compliance Agent for their Financial Services Division. This means that the Mortgage Advisers at Walton & Allen will be acting as the appointed representatives of Smith Cooper IMFA.

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From 30th June 2016, UK limited companies and LLPs will be required to file an ‘Annual Confirmation Statement’ instead of an Annual Return.

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The UK public have now spoken and voted for the UK to leave Europe. Whilst the outcome of the vote is now known, the implications and repercussions of such a decision will not be fully known for a considerable amount of time, but what we can be sure of is that the UK and Europe are entering a period of uncertainty.

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News

Landowners who permit others to take the grass crop from their land under a grazing agreement must play an active role if they are to secure valuable tax reliefs a Tax Tribunal ruled in Allen v HMRC (2016) TC 05100.

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Corporate Finance

One of the major issues still facing businesses today is accessing finance for growth, or simply the support to help them through difficult times, despite commitment from the government to ensure that banks, investors and lenders are more open and flexible in their approach.

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Insight

With high profile businesses such as BHS and Austin Reed going into administration in the space of two days last month, the process of managing insolvent companies has once again been brought into the spotlight.

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Corporate Finance

WFF Crieff Limited, the operator of a large Wiltshire Farm Foods (“WFF”) business in East Central Scotland, has been sold to Apetito Limited, the parent of the WFF business in the UK. WFF is the UK’s leading frozen meals delivery service, operating a franchise model with over 70 franchisees in the UK.

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News

Smith Cooper, one of the region’s leading and most trusted accountancy and business advisory firms working with SME’s and owner managed businesses has further boosted its offering in Birmingham, with the appointment of a new Audit Partner.

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Insight

HMRC have recently released the latest Advisory fuel rates that came into effect from 1 June 2016

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News

There cannot be many people in the country who are not aware that last year wholesale gas and electricity prices fell sharply but surprisingly very few businesses are actually taking full advantage of the current market conditions.

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Insight

HMRC has seen a strong return on its investment in tax investigations over the last year, with spend on its teams targeting ultra-wealthy individuals, large businesses, SMEs and ‘everyday’ taxpayers yielding very healthy amounts.

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News

In the last three decades, Smith Cooper has become one of the most trusted Midlands based accountancy and business advisory firms working with SME’s and owner managed businesses. Over the past 6 months, Smith Cooper Birmingham has grown by 40 per cent, across a range of specialisms offered at the office.

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