Skip to content

Our News & Knowledge Centre

Explore insightful articles, tips, and industry updates from RMT. Stay informed on the latest trends, innovations, and best practices in accounting and business services.

URGENT PENSION TAX ISSUES FOR DOCTORS TO ADDRESS

By Richard Humphreys, director at RMT Healthcare, the specialist medical division of RMT Accountants & Business Advisors If you asked most doctors which of the ancient Greeks they’re most familiar with, the answer is likely to be the ‘father of medicine’ Hippocrates, after whom the oath that they traditionally took before beginning their practice was

Read more

Furnished Holiday Lets – What tax reliefs are available?

The UK has seen a boom in the ownership of Furnished Holiday Lets thanks to the increase in staycations. As the summer holidays draw to a close many of us may be considering purchasing a holiday let to boost our income, but there are some very specific tax reliefs to consider when doing so. What

Read more

Top tips for securing finance for new businesses

There were stunning figures released in a new survey about business start-ups recently. Data from small business lender iwoca showed that 93 new businesses were created every hour. Despite economic headwinds, rising inflation and rocketing energy costs, the number jumped by 18 per cent year on year. Data from Companies House show over 402,000 businesses were

Read more

Back to basics: Job expenses

Expenses incurred by employees are generally the responsibility of the employer. Quite often, however, employees have to bear the cost themselves when travelling for work, having meals and even providing clothes, which in most cases are not tax deductible. What employment expenses qualify for tax relief in the UK? Work-related travel Having to travel to

Read more

MANAGING THE MANAGEMENT BUY-OUT PROCESS

By Michael Cantwell, head of corporate finance at RMT Accountants & Business Advisors Ltd One of the main outcomes of the pandemic has been a change  in priorities for many people when it comes to their work. For some, this has meant stepping away from their jobs earlier than they’d previously planned or deciding to

Read more

ENSURING A SMOOTH TRANSITION INTO NEW GP PARTNERSHIPS

By Maxine Pott, director of RMT Accountants & Business Advisors’ specialist healthcare division One of the trends that we’ve noticed during our work with primary care practices is the increasing number of salaried GPs who are investigating and then taking on full partnership roles. There are a number of drivers for this, including the greater

Read more

COVID business loans scheme extended for two years

The Recovery Loan Scheme, which helped businesses throughout the pandemic, has been extended for a further two years. Launched on 6 April 2021, the Recovery Loan Scheme (RLS) was one of several finance schemes available to struggling businesses. It provided financial support to businesses across the UK as they recovered and grew following the Coronavirus

Read more

I can’t pay my tax bill – what should I do?

With fluctuating incomes and the costs of living hitting businesses and individuals alike, people who have never previously had any issue with paying tax bills on time may have found themselves passing the 31 July payment on account deadline without being able to pay what they owe. If this is the position you find yourself

Read more

HMRC set to modernise direct debit system for employer PAYE

HM Revenue & Customs (HMRC) has announced plans to offer a recurring direct debit to employers as part of their wider payment modernisation programme. At present, employers can only set up a direct debit to collect a single payment. The launch of this service, slated for mid-September this year, will see a change to the

Read more
1 … 8 9 10 11 12 … 43