Money Matters

Swindon accountants urge firms to get ready now for government’s far-reaching tax changes

January 5, 2017
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Swindon accountants urge firms to get ready now for government’s far-reaching tax changes

Firms should prepare now for sweeping taxation system changes that will be introduced under the government’s Making Tax Digital (MTD) programme, a Swindon-based accountancy firm is warning. Jon Lacey, pictured, accounts director with Regulatory Accounting, says although some of the far-reaching implementation plans have been put back, the sooner businesses get to grips with...

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Confidence rebounds among West firms as weak pound encourages overseas trade

January 3, 2017
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Confidence rebounds among West firms as weak pound encourages overseas trade

Confidence among South West businesses has surged as the fall in sterling opens up new export opportunities, according to a new survey. The bounce back in optimism in the region – the second strongest across the UK – is in marked contrast to the position last September when South West firms, along with those based in London,...

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Increase in R&D tax relief claims – but many firms are still missing out on vital funding for innovation

December 29, 2016
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Increase in R&D tax relief claims – but many firms are still missing out on vital funding for innovation

More firms across the South West are unlocking growth funding by claiming research and development (R&D) tax relief, according to new figures. But the region still lags many other parts of the UK in accessing what is widely viewed as a key way of boosting innovation. Latest figures from HMRC show claims for R&D tax...

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Top spot in prestigious national list for financial planning firm

December 29, 2016
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Top spot in prestigious national list for financial planning firm

Financial planning firm Lexington Wealth Management is celebrating being named among the top 100 in the UK. The firm, based at Lydiard Millicent, has appeared on New Model Adviser magazine’s Top 100 financial planning firms list for 2016. Managing director Warren Shute is delighted to be included in such a prestigious list. “This is...

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Royal accolade for RSM accounts assistant’s support for Duke of Edinburgh’s Award charity

November 30, 2016
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Royal accolade for RSM accounts assistant’s support for Duke of Edinburgh’s Award charity

Jack Townsend, an accounts assistant in national accountancy firm RSM’s Swindon office, has gained royal recognition for his support of the Duke of Edinburgh’s Award charity. Jack was presented with a special pin and certificate from HRH The Earl of Wessex during a business breakfast at RSM’s London office to mark the charity’s diamond...

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Autumn Statement 2016: National business reaction

November 23, 2016
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cash

Business organisation the CBI “warmly welcomed” Chancellor Philip Hammond’s commitments to boost research and development, housing and infrastructure. But it said these must be acted on. Director-general Carolyn Fairbairn, pictured below, said: “The Chancellor has prioritised a pragmatic down payment on future productivity growth.  “His emphasis on R&D, housing and local infrastructure will help...

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Autumn Statement 2016: Business West reaction

November 23, 2016
By
cash

Swindon businesses will welcome Chancellor Philip Hammond’s focus on investment in the Autumn Statement, particularly in areas where growth pressures are highest, according to the Swindon & Wiltshire Initiative. Director Ian Larrard, pictured, described the statement as “a sombre, not flashy, affair” which reflected the national mood of economic and business uncertainty. But he...

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Autumn Statement 2016: Main points

November 23, 2016
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cash

Chancellor Philip Hammond his presented his first Autumn Statement: Here are the main points, as announced: Office for Budget Responsibility says growth this year will be 2.1%, 1.4% next year (down from 2.2%), 1.7% in 2018 (down from 2.1%), 2.1% in 2019/20 (down from 2.1%) and 2% in 2020/21, (down from 2.1%). As expected, the...

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Nationwide to trial in-branch technology to reach towns where the banks have shut up shop

November 22, 2016
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Nationwide to trial in-branch technology to reach towns where the banks have shut up shop

Swindon-based Nationwide Building Society is to open a branch in Glastonbury, where the last bank closed earlier this year, to pilot new ways of using technology to give people access to financial services. The Somerset town, with a population of around 9,000 and a healthy tourist industry, has been without a traditional bank branch...

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Chancellor urged to ‘pull out all the stops’ in Autumn Statement to boost confidence

November 21, 2016
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Chancellor urged to ‘pull out all the stops’ in Autumn Statement to boost confidence

Swindon business leaders have called on Chancellor Philip Hammond to go all out to boost confidence ahead of Brexit as he prepares to deliver his first Autumn Statement tomorrow. With the economic climate expected to get decidedly chilly next year as the UK works towards leaving the EU, commentators are expecting the Chancellor, pictured, to boost...

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