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Blog: General

Spring Statement Overview

You can view and download a full overview of the Spring Statement here. Further comment from Anthony Andreasen, director Director of Tax, is below – In a climate where the North East and wider UK economy is continuing to battle against significant headwinds, the Chancellor’s lengthy speech provided some encouragement for regional businesses, but may well have

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STACK Leisure rendering of new venue

RMT’s advice helps STACK build platform for major growth investment

Advice from RMT Accountants & Business Advisors has helped ambitious North East based STACK leisure secure a substantial growth capital package to help underpin the next stage of its expansion. Innovative mixed-use leisure venue operator STACK has received investment from London private equity house Kings Park Capital.  It can now accelerate growth plans and take

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Autumn Statement 2023

Autumn Statement Overview 2023

You can view and download a full overview of the Autumn Statement here. Further comment from Anthony Andreasen, director Director of Tax, is below – With many North East firms battling a range of enduring financial, inflationary and operational challenges, the Chancellor’s clear focus on business support measures today will be what the region’s entrepreneurs

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Plan. Protect. Prosper. Futureproofing your business.

We are running an event, in conjunction with two other leading professional services firms in the region, for Shareholders and Directors, in a panel discussion hosted by North East Times. When  : Thursday 22 June – 09.30-11.30 Where : PROTO – Gateshead College Business Centre, NE8 3BE Partners from law firm Weightmans in Newcastle will talk about the

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Small businesses at risk as energy costs rise

The end of the Energy Bill Relief Scheme (EBRS) on 1 April could threaten the future of hundreds of thousands of small firms, according to research by the Federation of Small Businesses (FSB). From 1 April 2023, the Government has largely downscaled its energy support for small firms that are on fixed price contracts agreed

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Ferguson Takes Over As New R3 North East Chair

A Newcastle business finance expert has taken over as chair of the North East region of insolvency and restructuring trade body R3. Chris Ferguson is now responsible for leading R3 campaigns to highlight the benefits of accessing qualified advice from North East insolvency and restructuring professionals for both individuals and businesses with financial concerns, and

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(COVID-19) Self-employment Income Support Scheme

This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. This may be extended if needed. For full guidance please visit https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme. Who can apply You can apply if you’re a self-employed individual or a member

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Companies House to allow coronavirus-related filing extensions

20 March 2020: businesses affected by the COVID-19 pandemic can now apply to Companies House to request an extension to file their accounts, reports and confirmation statements. The maximum extension is three months, but stringent conditions apply, the most important being that any appeal must be lodged before a company’s filing deadline. Updated government advice states that

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Business Rate Reliefs and Grant Funding

On 17 March 2020 the Chancellor set out a further package of targeted measures to support businesses through this period of disruption caused by COVID-19: • increasing the retail discount from one-third to 50 per cent for eligible retail businesses occupying a property with a rateable value less than £51,000; • extending the retail discount

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