his article was first published by The Gazette on 28 January 2015, the full article can be found online here. Imagine that you run a business supplying mobile phones to an international market. ABC & Co (ABC) is a Romanian customer with a registered office in Bucharest, but which also has a number of warehouses in England, Wales […]
The average debt owed by retirees has fallen for the third consecutive year, according to research by Prudential. Data reveals that the average person retiring in 2015 will owe £21,800, down from £24,800 in 2014 and £31,200 in 2013. This is a 43% drop in the last 3 years. However, the proportion of indebted retirees […]
Gannons and Chantrey Vellacott are delighted to invite you to our joint seminar aimed at entrepreneurs, SMEs and Owner Managed Businesses to talk through the accounting/taxation angles and the legal tripwires to be considered when raising finance to grow a business. If you are thinking about Seed Enterprise Investment Scheme (SEIS), Enterprise Investment Scheme (EIS), Crowdfunding or just […]
The majority of small and micro-employers have not set up a workplace pension scheme ahead of their auto-enrolment staging dates, according to research by the National Employment Savings Trust (NEST). Around 45,000 small and micro companies will pass their staging dates between April and December 2015, while in 2016 and 2017 more than half a […]
The UK economy grew by an annual rate of 2.6% across 2014, figures from the Office for National Statistics (ONS) show. This is higher than the 1.7% annual growth rate recorded in 2013, and is the fastest annual growth in GDP since 2007. The economy grew 0.5% in the final quarter of last year. This […]
With a collapsed energy market in Argentina and a change of the current administration in 2015, it is clear that Argentina will have to develop and invest in the energy sector, and especially in the renewable energies sector. The purpose of this note is to briefly develop some of the main traits of the renewable energy legislation in – and theprospects for – Argentina. National System for Wind […]
Simon Rous (IR Dealmakers Steering Committee Member) is delighted to report that 130 delegates, including many IR Members, from as far afield as Kuala Lumpur in the East to California in the West, Oslo in the North and Auckland NZ in the South attended the Ashfords LLP 2015 Global M&A Conference Sunday 25 and Monday […]
lmost half of over-50s plan to continue working between age 65 and 70, a survey commissioned by the government has found. The YouGov survey of more than 2,000 people over 50 highlights a growing trend away from traditional views of retirement towards more flexible approaches. 48% of over-50s want to stay in employment until they’re […]
Facts: Canada Revenue Agency (CRA) has a number of dates and deadlines of importance to corporations. Failure to comply with these deadlines may raise a red flag with CRA, which in turn may trigger an audit. Discussion: Corporate Tax – 2 months after your corporate fiscal year end-tax due for corporations with taxable income in […]
Three-quarters of SMEs maintained or increased their turnover in 2014, research by LV has revealed. The survey of nearly 800 SMEs found that 75% saw their profits rise or stay the same over the last 12 months. More than 4 in 10 (41%) said their turnover increased during 2014 while 34% reported they had maintained […]
Men are more likely to miss the deadline for tax returns, research by HMRC has revealed. The tax authority analysed all tax returns for 2012/13 and found that 394 out of every 10,000 returns submitted by men were sent after the deadline. This compares to 358 out of every 10,000 returns sent by women. The […]
What you will get out of this seminar: Drawing on our past experience of successful sales, we will take you through how an ‘exit’ – business sale – can be structured and what you need to be thinking about now to maximise your return. Programme: The free session will cover key areas with practical examples. […]