Alongside organic success, strategic acquisitions can be a great way to accelerate business growth.      Why acquire? Strategic reasons to acquire another business may include: • bringing in…

Profit and turnover levels are often the two most prominent factors business owners consider. However, the significance of cash should not be underestimated. Increased cashflow scrutiny is often…

A succession plan is a key aspect of any business strategy and requires some considerable thought. Here’s 3 tips to consider for your business: 1. Plan for succession…

Increasing regulation complexity brings with it an enhanced risk for business owners paying themselves ‘illegal’ dividends. With many directors of owner-managed businesses paying a portion of their income…

An extra 2% Stamp Duty Land Tax (SDLT) charge now applies if you’re purchasing a residential property in England and Northern Ireland but you’re not a UK resident.…

Magma Chartered Accountants are delighted to announce seven new promotions across its Audit, Business Services and Tax divisions. George Wake and George Newton, in Magma’s Audit & Accounts…

Yesterday (23 March) saw the UK’s first ever ‘tax day’, with the Treasury publishing over 30 tax publications. Background More than 30 policy updates, consultations and documents that…

Magma Corporate Finance is pleased to have advised on the sale of Leicester-based Eurokey Recycling to Telford-based Reconomy Group. Founded in 1995, Eurokey provides commodity trading and reprocessing…

The calculations involved in the Coronavirus Job Retention Scheme (CJRS) are already complex. With the incoming tapering of the scheme and uptake of staff holiday, employers face a…