Magazine News

Inflation rate reaction - Donald Boyd Azets

Reaction to inflation rise announced by ONS

Leading SME expert urges businesses to be brave. Donald Boyd is Head of Growth at Azets, the UK's largest regional accountancy firm and business advisor to SMEs, with offices in Hampshire and Dorset.

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HWB Associate Director, Gemma Hedges.

Business succession/exit strategy seminar

HWB Associate Director Gemma Hedges is leading HWB's seminar Business Succession - Exit Planning Strategies on Wednesday June 22 at Axis Conference Centre, University of Southampton Science Park

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William Payne Regional Chief Executive South East England Azets

Interest rates rise to 1% - UK's largest regional accounting firm reacts

SMEs likely to be hit hardest by reduced spending William Payne is the regional chief executive for South-East England at Azets, the UK's largest regional accounting firm and specialist business advisor to SMEs. Azets has offices across Hampshire and Dorset - Bournemouth, Chandler's Ford, Fareham, Havant, Poole, Romsey and Winchester.

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CHAIRMAN - R3 Southern and Thames Valley - Garry Lee

R3 responds to March 2022 insolvency statistics

Business insolvencies more than doubled over the past year, according to the R3 trade body for restructuring and insolvency professionals in Dorset and Hampshire.

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7.4 million Brits planning a UK holiday trip for the Easter weekend, bringing an £1.8 billion economic boost

VisitEngland's Easter Trip-Tracker survey, published recently, shows that 7.4 million Brits are definitely planning an overnight holiday trip in the UK for the Easter weekend, bringing an estimated £1.8 billion boost to the economy. This is on par with the pre-COVID Trip-Tracker figures for Easter 2019, which were the highest since this survey began and a significant increase on 2018 when 4.8 million Brits were planning an overnight holiday trip for the long weekend. In 2017, the figure was 6.6 million.

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Lee Merrifield, Underwriting and Credit Manager at MSP Capital

MSP Capital urges developers to consider longer-term project finance

A property finance specialist is advising housing developers that they may need to revise cost forecasts and plan for longer building schedules due to supply chain issues. MSP Capital says that while market conditions remain buoyant, ongoing and intensifying pressures in the sourcing and delivery of construction materials, plant and labour are likely to increasingly impact the time it takes to complete projects.

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With 57% of Brits struggling financially before the latest price rises, soaring inflation will push even more onto the breadline

Research by KIS Finance has revealed that as a direct result of the rising cost of living, 57% of Brits are either already struggling financially, or expect to do so in the very near future. However, with further prices rises on the way, with everything from fuel to food costs increasing on an almost daily basis, the situation looks set to get even worse.

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R3 responds to February 2022 insolvency statistics

The number of businesses entering administration has hit a 15-month high, according to the R3 trade body for restructuring and insolvency professionals in Dorset and Hampshire. The newly published insolvency figures for February 2022 from The Insolvency Service for England and Wales show that overall, corporate insolvencies were down slightly in February 2022 compared with January 2022 but more than double the number in February 2021.

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Jonathan with his family

March is Free Wills Month

Have you moved house recently? Just started a family? Or want to update your will? There are lots of reasons why you might decide that now is the right time to make a will and help to save your family unnecessary stress and worry. It often slips down our to do lists, but just 15 minutes of your day could give you peace of mind and show your support for the most vulnerable local families.

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More than 80% of impacted businesses unaware of upcoming VAT legislation deadline

With just one month to go until the commencement of Making Tax Digital (MTD) deadline, which will require businesses to keep all VAT records in a digital format, a new study from Intuit QuickBooks, the global technology platform, has found that 82% of eligible businesses that are yet to comply are still unaware of the impending deadline.

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Private sector growth slows in three months to January - CBI Growth Indicator

Private sector growth eased for the second consecutive survey in the three months to January (balance of +12% from +21% in three months to December). This is the slowest rate of growth since the three months to April 2021, according to the CBI's latest Growth Indicator.

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Ian Harlock-Smith, Tax Director, Saffery Champness

Taxpayers receiving property financing tax relief 'nudge letters' from HMRC

Many landlords have received a letter in the last few weeks from HMRC who appear to be undertaking a campaign querying the tax relief claimed in the 2019/20 tax returns in respect of financing costs on let residential property.

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