Magazine News

L-R: Heather Martyn (Vice President), Roger Smith (President), Steve Bicknell (Vice President). Photograph courtesy of Bournemouth Chamber Steve Bicknell

Interest free loans with Bournemouth Chamber

Bournemouth Chamber of Trade Benevolent Fund has announced a new support package for members of the Bournemouth Chamber of Trade & Commerce. Members will be able to apply for an interest and security free loan to support:

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Alex Simmons Saffery Champness John Mason I247 Ian Harlock-Smith Nick Fernyhough Saffery Champness Accountants

Saffery Champness host Autumn post Budget breakfast in Bournemouth

Saffery Champness Chartered Accountants hosted their 2018 Autumn post Budget breakfast at The Village Hotel in Bournemouth. They presented to a packed room of guests, representing businesses and the professional communities of Bournemouth and Poole.

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John Endacott - PKF Francis Clark

Post Budget Comment - PKF Francis Clark

Post Budget 2018 comment from John Endacott, Head of Tax at PKF Francis Clark "Philip Hammond produced what was in effect an interim budget. Not quite crisis measures but all the new spending announcements were sticking 'plasterish' with a short term cut in taxes and more capital allowances. Interestingly, there was nothing on the more complex tax topics such as pensions, inheritance tax changes or tax efficient investments". Key points for Individuals and Businesses

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Chancellor delivers crowd-pleasing Budget

The Chancellor's Budget may have answered some key concerns of UK public, according to polling conducted by reputation management consultancy Lansons1. This follows much public scepticism about the Government's ability to deliver a budget that equally balanced the need for spending and taxation, with only 26% of UK adults believing the Government would so in today's announcement.

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David Chismon, Partner at Saffery Champness

Chancellor's budget unlikely to deliver tax concessions to rural sector

Chancellor's budget unlikely to deliver tax concessions to rural sector given looming EU exit costs says Saffery Champness. What can be predicted for the Chancellor's Budget on 29 October is that it will be light on giveaways and heavy on any measures that can scrape more into the Treasury war chest, particularly with the cost of Brexit, possibly with an additional year of payments to the EU, looming. Leaving Europe is already estimated at costing every UK household some £870 per annum.

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Budget 2018 predictions

With less than two weeks to go before the eagerly awaited 2018 Budget, Lindsay Pentelow, tax partner at the international accounting and advisory firm, Mazars, says that there are many uncertainties in the run up to this year's Budget, and the extent to which the Government can effect change will depend on what fiscal response is required as a result of the outcome of Brexit negotiations.

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Alun Oliver, managing director of Southampton-based property taxation specialists E3 Consulting, will be hosting a breakfast time seminar at Eastleigh’s Concorde Club on October 17

Free property taxation seminar

A free breakfast time property taxation seminar is being held by a specialist Hampshire firm. E3 Consulting is staging the event at the Concorde Club in Eastleigh on Wednesday October 17.

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Walden Gelatos in Southampton secured a six-figure finance package from HSBC as part of last year’s SME Fund

HSBC UK commits £250 million to support South Hampshire & Dorset SMEs

HSBC UK has launched a £250 million lending Fund to support small and medium-sized enterprises (SMEs) in South Hampshire and Dorset, as part of its broader commitment to helping British businesses realise their ambitions for growth.

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Adam Rainey, regional director for the South West at Lloyds Bank Commercial Banking

South West business confidence falls for third successive month

Business confidence in the South West of England fell four points during August to 15 per cent, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Companies in the South West reported lower confidence in their business prospects, which fell five points to 13 per cent, and lower economic optimism, down three points to 16 per cent. Together, this gives an overall confidence of 15 per cent, which is four points below last month's figure of 19 per cent.

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Alexandra Penson Ian Bentley Shannon Knight FP Wealth Management

Seeking to change the future of the financial services

A project called the 'Future of Advice', involving Bournemouth University (BU), The Personal Finance Society (PFS), Simplify Consulting and FP Wealth Management (FPWM), is seeking to change the future of the financial services industry. The collaboration of organisations was created with the clear aim of attracting young talent in to the industry. It aims to build a sustainable, repeatable and scalable framework for an Undergraduate Financial Services Student Placement Scheme.

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Deadline for post-16 Child Benefit looms

Students who collect their GCSE results and plan to stay in full time education or unpaid training are still eligible for child benefit - but their parents must inform HMRC of their plans so it's not automatically stopped on August 31.

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Lucinda Coleman, Business Recovery Partner at PKF Francis Clark.

Personal insolvency rates soar across the South West

The South West has been identified as having sky-high personal insolvency rates, topping other areas of the UK, including London. Statistics reporting trends from 2000 up to 2017 recently published by The Insolvency Service that look into individual insolvencies by location, age and gender for England & Wales show an adverse reading for the South West, with the area coming out with the second highest total of bankruptcies per region in 2017. Figures show 3.9 per 10,000 adults becoming bankrupt, which is an increase on the previous year and above the national average.

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