More recent posts
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Magma Corporate Finance advises on the sale of Leicester-based MCR Systems to listed Canadian Group
Magma Corporate Finance are extremely pleased to have advised the shareholders of Leicester based MCR Systems on the sale of the business to Jonas Software, part of Toronto…
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Capital Allowances Changes
If you are looking to change your company car in the New Year, you should be aware that changes are being made to the tax relief available to…
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Person with Significant Control (PSC) Register Changes
From 26 June 2016 Companies and LLP’s have been required to keep a register of Persons with Significant Control (PSC). A PSC being defined as a person and/or…
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Magma’s deal alert – ENSEK
Magma have successfully advised ENSEK, a leading software supplier to UK energy providers, on their Private Equity backed buy-out. Together with legal firm Spearing Waite, Magma played a…
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We are the fastest growing accountancy firm in the Top 100
According to Accountancy Age, Magma is the fastest growing Accountancy firm in the UK within their recently published Top 100 firm list. Our 2017 results show annual growth…
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Retirement age buy-to-let investors urged to seek tax advice
Recent pension freedoms appear to be driving a new generation of potential buy-to-let investors, who view this as a viable way of funding their retirement. However, would be…
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Taxpayers urged to double-check simple assessment notices
HM Revenue & Customs (HMRC) have recently started to rollout Simple Assessment notices to many taxpayers, this is a pre-calculated notice of tax due which negates the need…
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Making Tax Digital – New proposals on VAT
On 13 July 2017 the Government announced that Making Tax Digital for VAT will come into effect from April 2019. From that date, businesses with a turnover above…
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Government proposes new fund to support UK startups after Brexit
The Government has proposed setting up a national investment fund to help UK start-ups, which it says receive less funding than their US counterparts. British businesses can currently…