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.

Should You Form a Limited Company?

Recent tax changes have made it even more important to consider carefully, when running a business, whether it is best to trade as: Sole trader – an individual Partnership – two or more individuals or companies Limited liability partnership Limited company We are often asked, ‘Should I form a Limited Company?’ The reality is that

Read more

Insuring your Business

Although most businesspeople understand the need for insurance, a surprising number of businesses are uninsured, under-insured, or insured with out-of date-policies. Experts usually advise that your planning should centre on insuring for a catastrophe. You should therefore check that your insurance for fire, loss of profits, employers’ liability, public liability, and product liability is correctly

Read more
Mik Kitchen RMT

RMT Accountants funds new St Oswald’s milk kitchen

Special facilities dedicated to preparing feeds for babies and young children are set to be built at St Oswald’s Children and Young Adults Service thanks to a donation from a north east accountancy firm. RMT Accountants & Business Advisors are funding the creation of a new milk kitchen at St Oswald’s based in Gosforth, as

Read more

Should you buy a franchise?

Franchising is growing in popularity in the UK, and can be a profitable way of doing business. However, there are advantages and disadvantages and Specialist Franchise Accountants can advise on these areas The process involves the licensing of a business ‘blueprint’ by a franchisor, to a franchisee. The franchisee buys the rights and obligations of

Read more

Embarking on a new venture

Starting a new business venture is an exciting and challenging proposition, which also carries an element of risk. There are many factors to consider, including: the nature of the business; your target market and competitors; the potential for profit; how you will extract those profits; how fast the business will grow; how the business will

Read more

Business Startup Advice

Before you begin: Is it right for you? Running a business can be an extremely fulfilling experience, but it can also prove a significant challenge. Many small businesses fail in the first essential stages, which is why it is essential to plan your venture carefully. You should start by including us in your initial planning. The

Read more

The Value of Outsourcing

Most business owner-managers find that they spend only a small percentage of their time on important strategic planning. A great deal of their effort is spent on the day-to-day running of the business – the ‘housekeeping’ side of things. But do you really need to do all this work yourself, when it is possible to

Read more
Holding coffee cups up to the camera

Entrepeneur Raises A Cup to Accountants

One of the north east’s brightest young entrepreneurs has raised a cup of tea to the organisations that have helped her get to where she is today. Jules Quinn set up The *TeaShed, a design-led tea, teaware and homeware company based at the Northern Design Centre in Gateshead, after completing her fashion marketing degree at

Read more

Making sure your PAYE code is correct

The PAYE system aims to collect, over the course of a tax year, approximately the right amount of tax from your earnings. This is done by the issue of one, or sometimes a series of, tax codes, which are used by your employer to calculate the tax to be deducted from your earnings. However, many

Read more
1 … 33 34 35 36 37 … 43