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

Business rates reform – How will it affect you

For years businesses on the British high street have been calling for reforms to the business rates system. The Chancellor has finally announced new measures in the Autumn Budget that he claims will reduce the burden of business rates in England by over £7 billion over the next five years. The reforms are intended to

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Need Help to Grow? Learn about the latest Government-backed support for SMEs

The Help to Grow campaign was first announced in the Spring Budget earlier this year but received yet another mention in the Autumn Budget as the Government ramps up support for smaller businesses. It has been designed to help more than 100,000 SMEs access management training and advice on innovations that are focused on boosting

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Simple steps you can take to cut business costs and maximise profits

Cost-saving will be key for many businesses struggling to get back up to speed after the pandemic. Many small and medium-sized enterprises (SMEs) were hit hard and now face higher inflation, skills shortages and rising wages. The Bank of England says the inflation figure could even hit four per cent by December. So, cutting costs

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Construction Self-Supply Charge: HMRC Revises Meaning of “Entire Interest” Following Defeat in Supreme Court

HM Revenue & Customs (HMRC) has amended its meaning of “entire interest” in the VAT treatment of the construction self-supply charge following a landmark Supreme Court ruling. If you supply building and construction services, here’s what you need to know. What is the self-supply charge? According to the Institute of Chartered Accountants in England and

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Updated Requirements For Submitting Corporation Tax CT600 Return

With the winding up of the Coronavirus Job Retention Scheme (CJRS) or furlough, at the end of September, it is vitally important that all employers are up to date with their Corporation Tax Form CT600, particularly over grants received from the scheme. HM Revenue & Customs (HMRC)  is looking to close any loopholes and ‘claw

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RMT Tech Talk – Microsoft 365 licences, Email and OneDrive explained?

Microsoft 365 licencing is, to some, a complex set of products and its not always obvious to the business owner what they are getting for their money. So, here’s a quick guide to each of the plans and who they might be suitable for: Microsoft 365 Business Basic. Useful for front line workers needing just

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Making VAT Savings When Buying an Electric Car

The electric car revolution is with us and if not quite a tsunami of sales, more and more people and businesses are looking at them. According to figures from the Society of Motor Manufacturers and Traders (SMMT), electric vehicles, whether full electric or different forms of hybrid, account for more than 25 per cent of

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Six Steps to Secure Finance For Your Business

Lots of businesses are seeking out finance at the moment, whether to fund an acquisition or finance investment, but given the challenges the economy faces, it is becoming increasingly difficult to secure the right deal. If a business hasn’t sought out finance for a while or there has been a significant change to their operations

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Buying a Business – Top Tips to Secure The Best Deal

Have you ever considered buying a business? Whether you are an experienced entrepreneur or just starting out, acquiring a ‘ready-made’ business offers a number of advantages. For established businesses, buying a second company can help them break into new markets or acquire machinery, skilled workers or innovations that can help their operations grow. Meanwhile, new

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