Blog | RMT Accountants and Business Advisors Newcastle

April 2, 2013

Capital Allowances

Capital allowances permit businesses to write off the cost of capital assets, such as plant and machinery, against their taxable income. They take the place of commercial depreciation, which is not allowed for tax. Annual Investment Allowance (AIA) For the period up to 1 January 2013 the first £25,000 of the year’s investment in plant

March 28, 2013

Your Money – Inheritance Tax Planning

Planning to minimise the liability to IHT is a team effort involving you and your professional adviser. To enable long-term objectives to be set, it is necessary to make decisions about your finances and your family. Currently only 5% of estates have a liability to IHT. When should I plan for IHT? Now! IHT is

March 28, 2013

Getting started in business – Your business vision

If you are starting your own business, you probably have a great idea, a new way of looking at things, or a vision. But have you thought about how you can exploit a niche, or differentiate yourself from the competition with a Unique Selling Point (USP)? Many business owners underestimate the importance of researching their

March 27, 2013

How to Balance your Bank Account

When you enter records of money paid into and out of your bank account into the cash book, there is often a delay of at least a couple of days until these transactions are cleared through the banking system and appear on your bank statement. Therefore, the bank balance according to the cash book will

March 12, 2013

RMT 2013 Post Budget Special

Here you will find all the information you need relating to the 2013 Budget 2013 RMT Budget Newsletter 2013 Budget Report PDF RMT Budget Presentation Slides Budget Resource Links Introduction and Highlights Business tax and investment incentives Tax and travel National Insurance Contributions (NICs) Real Time Information and PAYE penalties Income tax rates Capital taxes

March 12, 2013

RMT Adds Two MoreTo Expanding Team

RMT Accountants & Business Advisors has continued its ongoing recruitment drive by bringing in two new members of staff. Ashleigh Doran and Rachel Ormston have joined the Gosforth-based firm to bring the total number of new recruits to 5 in the last year. Ashleigh, from Houghton-le-Spring, has moved from a smaller regional practice to become

February 15, 2013

Boost for bikers’ safety after new app launches

MORE than a million motorcyclists can feel safer in the saddle thanks to a new safety technology that is guaranteed to save lives. A Newcastle-based team of five bike enthusiasts has secured £275,000 through various investors to launch RealRider, a GPS route tracker via smartphone that determines when and where a rider has suffered a

February 5, 2013

Ransom attacks – are you next?

Paul Holborow, Head of IT Services at RMT Accountants and Business Advisors Ltd, looks at the worrying trend of ‘ransom attacks’. Ransom attacks occur when cybercriminals get on to your network and encrypt data drives, and then demand a ransom in return for decrypting the data. Whilst a couple of recent cases may appear to

January 28, 2013

Branding agency Surreal Creative to help others expand

A BRANDING agency is looking to help other North East businesses find the same success it has enjoyed overseas. Houghton-le-Spring-based Surreal Creative has secured more than half its work in continental Europe after strategically reshuffling the business when the recession began to bite in the UK. The firm now includes international businesses such as Sonae