Magazine News

Matthew Moore Gales Solicitors

Gales Solicitors backs Law Society research and urges people to remember to include digital passwords in their wills

Partner Matthew Moore at Gales Solicitors is backing Law Society research findings and is urging that people should include digital passwords in their will to ensure executors can access vital online information.

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Chairman - R3 Southern and Thames Valley - Garry Lee

R3 welcomes new breathing space scheme for people in debt

A new 'breathing space' scheme for people drowning in problem debt has come 'not a moment too soon', according to the R3 insolvency trade body for Dorset and Hampshire. It has welcomed the introduction of a 60 day-grace period to allow people to get their finances back on track without receiving worrying letters or facing enforcement action.

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Tom Bradfield

Wills are vital for second marriages says lawyer

Couples entering into a second marriage are being reminded of the importance of having a will in place, particularly when there are children from a previous marriage involved. Lawyers from national firm Clarke Willmott LLP say any current will is revoked by a second marriage and it is important to give careful thought to the new will.

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Garry Lee - Chair R3 Southern Thames Valley Committee

Dorset and Hants trade body's warning after insolvencies rise

Corporate insolvencies have increased significantly over the past month (March 2021)as economic damage caused by the pandemic appears to be starting to show, according to the R3 trade body for restructuring and insolvency professionals in Dorset and Hampshire. The findings come a year after the first national lockdown was introduced at the end of March 2020.

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Southampton Water

Solent Growth Fund generates £840m for the Solent economy by 2030

The Solent economy will receive an £840m boost as a result of Solent Local Enterprise Partnership (LEP) investment through the Local Growth Deal to date.

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DDC Dolphin UVMATIC Plus air purifier

Budget super-deduction helps care sector invest in equipment

Care homes and other companies can now save 24.7% when they invest in sluice machines and other capital equipment, reports infection control specialist DDC Dolphin. The super-deduction in Chancellor Rishi Sunak's 2021 Budget enables companies to claim 130% in capital allowances on qualifying plant and machinery. Every pound invested saves up to 25p in corporation tax.

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Carol Cummins, private wealth team leader at national law firm Clarke Willmott LLP

Does your will cover the 'what ifs'?

A recent High Court case which decided who should inherit the estates of a married couple who died within months of each other, has brought into focus the importance of drafting a fully comprehensive will which covers various eventualities.

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March 2021 Budget by Bulpitt Crocker Accountants

The economy and headline figures The 2021 Budget took place on 3 March 2021. Chancellor Rishi Sunak announced that, as a result of the Covid-19 crisis, GDP shrank by 9.9% in 2020, the largest annual fall in 300 years according to a Bank of England report, albeit lower than the 11.3% forecasted in November. However, the Office for Budget Responsibility (OBR) expects that the economy will recover quickly once the current restrictions are lifted.

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Julia Rosenbloom, tax partner at Smith & Williamson

Budget Wishlist: 7 areas for change

Julia Rosenbloom, tax partner at Smith & Williamson, is calling on the government to bring about changes in the upcoming Budget that would see greater wealth transfer to younger generations, and a series of temporary tax reliefs that would provide a much needed boost to struggling areas of our economy.

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Crowdfund Dorset Business

Keep trading with Crowdfund Dorset Business

In response to the first wave of the COVID-19 pandemic Dorset Local Enterprise Partnership (LEP) set up the Crowdfund Dorset Business campaign. The initiative offers micro, small and social enterprise businesses up to £5,000 of match-funding, provided they can raise an equivalent amount from 10 or more supporters.

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Garry Lee - Chair R3 Southern Thames Valley Committee

Monthly corporate and individual insolvency statistics (December 2020) - R3 Southern and Thames Valley response

New figures show that rising numbers of people and businesses are entering an insolvency process despite Government support to weather the Covid crisis. R3, the trade body for restructuring and insolvency professionals in the South and Thames Valley, says that the impact of the pandemic is finally beginning to show in the statistics. It has responded to increases revealed in insolvency figures for December 2020 - and says that it is a question of 'when, not if' the numbers further rise this year.

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Nicola Bailey

Small firms breath sigh of relief following Supreme Court's interruption insurance verdict

Commenting on the Supreme Court's decision to rule in favour of policyholders in the landmark Financial Conduct Authority (FCA) business interruption insurance test case, Federation of Small Businesses (FSB) Development Manager for Dorset, Nicola Bailey said:

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