More recent posts
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Recovery Loan Scheme – time’s running out
Businesses affected by the pandemic will need to ensure their Recovery Loan Scheme (RLS) applications are submitted and lender approved by 30 June 2022. What is the Recovery…
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Magma announce promotions & new additions
Magma Chartered Accountants are pleased to announce several promotions and new additions to the Magma team to further strengthen its client offering. Alongside the seven new joiners to…
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Five reasons why M&A deals fall through
There’s a myriad of reasons why an M&A deal may fail, but there are certainly more common and basic scenarios that business owners can look to avoid. Some…
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A tax climate suited for employee share ownership?
Amid spiralling living costs, and significant differences between the tax rates on capital gains and income, company share schemes may offer an appealing option both for you and…
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Plastic Packaging Tax: What you need to know
If you manufacture or import 10 or more tonnes of plastic packaging within a 12 month period, you may need to register for plastic packaging tax. What is…
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HMRC continues tax campaign on buy-to-let landlords
£17m was collected by HMRC from buy-to-let landlords in the last year, with the Treasury clamping down on the large amount of unpaid tax in the sector. Thousands…
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Five tips for an M&A negotiation
Whether you’re looking to acquire or sell a business, an M&A negotiation can be a complex and delicate process. Here are some useful tips to consider. Define what…
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Spring Statement 2022 Summary
Chancellor Rishi Sunak has delivered his Spring Statement against a backdrop of rising fuel, energy and food costs. We’ve summarised the headline announcements below: Income tax is to…
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Sunak considers overhaul of ‘generous’ R&D tax credit system
Chancellor Rishi Sunak has suggested SME businesses are not investing enough into Research & Development (R&D) tax credits to make the current system viable. The Chancellor is frustrated…