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GREATER MANCHESTER BUSINESS FUND REACHES £1M LENDING

Manchester Business Loans, the government-backed initiative managed by Business Finance Solutions and aimed at helping businesses across Greater Manchester, has reached the £1m mark since its launch in April. Business Finance Solutions which has £24m to lend, has already sanctioned … [Read more...]

BANK OF ENGLAND COMMITS TO LOW INTEREST RATES

The Bank of England's new governor Mark Carney has announced that interest rates will not be increased until unemployment drops below 7% insuring they are unlikely to move above their current historic low of 0.5% until at least the end of 2016. The governor said that even though a "renewed … [Read more...]

CABLE & STUNELL PRAISE STOCKPORT CREDIT UNION

Stockport Credit Union was paid a visit by Dr Vince Cable MP, Secretary of State for Business, Innovation & Skills, and local MP Andrew Stunell to mark the important, voluntary work they do for Stockport people. Vince Cable has since backed the Archbishop of Canterbury’s plans to put … [Read more...]

HALLIDAYS MONTHLY NEWSWIRE – LATEST BUSINESS & TAX NEWS

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.  Non statutory expenses HMRC have introduced an optional system of 'simpler income tax for smaller businesses' … [Read more...]

LATEST FINANCIAL NEWS FROM PREST

Prest “Market Eye” is a monthly snapshot summarising recent economic news, giving the Prest house view on how different asset classes may perform over the next 6 to 12 months.  Click below for full report summary. … [Read more...]

CHILDREN’S EARNINGS OR TAXABLE BENEFITS IN KIND

It is not unusual to see company directors "employing" their children (or other family members) in the company whilst they are at university or college. The children are usually paid under the personal tax allowance limit or under the scholarship threshold so that no tax liability actually arises on … [Read more...]

BOOTH AINSWORTH GOLFING CHAMPIONS!

Keen golfers at Booth Ainsworth LLP are celebrating winning the 2013 Golf Trophy after a battle against a Stockport firm of Lawyers and Bankers yesterday. The scorching weather saw the annual competition at Vale Royal Golf Club hot up between the three teams. The 10th Anniversary … [Read more...]

HALLIDAYS IN SPIN FOR SEASHELL TRUST

Stockport based Accountants and Business Advisors are continuing to raise funds for their chosen charity for 2013 - the Seashell Trust. As well as hosting an 'It's A Knockout' - a family fun day at Woodford on Saturday 3rd August (details here), Hallidays have arranged a 'Spinathon' on Saturday … [Read more...]

HMRC LAUNCHES SELF-ASSESSMENT AMNESTY

HMRC have launched a self-assessment amnesty for those who yet need to complete their forms in previous tax years. An opportunity has arisen for self-assessment taxpayers who have failed to submit tax returns to settle their arrears in a new HMRC campaign. Last week saw the start of the … [Read more...]

BOOTH AINSWORTH TEAMS UP WITH LEGAL FUTURES

Booth Ainsworth has teamed up with Legal Futures which is a cutting edge digital marketing resource for legal firms throughout the UK. Legal Futures provides daily news on alternative business structures, new market entrants, regulatory change and innovation in all its forms. Partner, Gary … [Read more...]