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.

Insolvency and Liquidation

There are many different ways of dealing with company debt. In most cases, an authorised insolvency practitioner will be appointed to manage a company’s affairs once insolvency proceedings start. If you think your company is in danger of becoming insolvent you should take independent professional advice at the earliest possible stage. A company is insolvent

Read more

Raising finance for your business

Despite Government attempts to boost lending, latest figures suggest that bank loans for small businesses have continued to decline in recent months. According to the Bank of England, net lending to businesses suffered its biggest drop in April 2013, down by £3bn since December. If you are struggling to acquire the financial capital you need

Read more

Cash Flow Forecasting

Cash flow forecasting or cash flow management is a key aspect of financial management of a business, planning its future cash requirements to avoid a crisis of liquidity. Poor cashflow management is the primary reason for a vast proportion of business failures. Many profitable companies find that they are, for all practical purposes, insolvent –

Read more

Tax-efficient estate planning

An estate planning strategy Your financial planning strategy should include a tax-efficient estate plan. If your estate is large it could be subject to inheritance tax (IHT). However, even if it is small, planning and a well-drafted Will can help to ensure that your assets will go to your chosen beneficiaries. IHT is currently payable

Read more

An Introduction to the Tax System for the Self Employed

Registering with HM Revenue & Customs (HMRC) If you start working for yourself, you must register with HMRC within the first three full months of self employment. Otherwise you may be liable to penalty of £100. There are three ways that you can register: Online – www.hmrc.gov.uk and follow links to self–employed Register for Self

Read more

Maintaining good financial control

In any new business, retaining good financial control is vital. Achieving it involves: Deciding which areas you need to monitor and how frequently Generating the numbers quickly and accurately Sharing the results with everyone who needs to know them Interpreting the numbers correctly Taking appropriate and timely action based on your interpretations

Read more
New HMRC Campaign on second homes

Economy built on innovation

I’VE written here before about the opportunities afforded by the tax allowances introduced by HMRC on research and development, and the benefits businesses can get from investigating and utilising them. The idea of ‘R&D’ immediately brings to mind an image of clever scientists in long white lab coats, developing products and processes of the highest

Read more

Techtalk – Telecoms the key to the Cloud?

This month Paul Holborow, Head of IT Services at RMT Technology, looks at the part played by having the right telecoms infrastructure in place in unlocking access to cloud services. There is a lot of talk at the moment about Cloud services, most of it by people trying to sell cloud services. But before you

Read more

Limited Liability Partnerships

An LLP is a form of legal business entity that gives the benefits of limited liability but allows its members the flexibility of organising their internal structure as a traditional partnership.  They are intended for businesses which carry on a trade or profession, and are particularly attractive to larger professional partnerships. LLPs are in law

Read more
1 … 32 33 34 35 36 … 43