Where did the last 8 years go? Born from a management buy-out in November 2011, we are pleased to be celebrating 8 years this week. We wanted to…

With the holiday season approaching, do you know what you can deduct for business entertaining? Can we deduct entertaining expenses? The tax rules on the deductibility of entertaining…

The deadline for filing the self-assessment tax return for 2018/19 is 31 January 2020.  This is also the date by which any outstanding tax for 2018/19 must be…

With Christmas approaching employers are giving consideration to offering Christmas gifts to their employees.  Showing your appreciation of your staff’s efforts by gifts and benefits is good for…

From April 2020, the holiday pay reference period will be lengthened from 12 to 52 weeks. The new regulations, which take effect from April 2020, will ensure anyone…

Magma Corporate Finance has successfully advised on the buyout of World of Marble, a leading Nottingham based supplier, fabricator and installer of marble, granite and composite surfaces. The…

Magma are delighted to announce that Pam Keogh has returned to their Rugby office as Senior Manager within the Corporate Tax team. Pam a Grant Thornton-trained Chartered Tax…

Sometimes it can make sense financially for directors of privately owned businesses to borrow money from the company rather than from a commercial lender. Depending on when in…

The annual Budget Statement is usually a big event in our world, but 2019 will be the year without a Budget! Last month we were advised that the…