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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.

Autumn Statement 2023

Autumn Statement Overview 2023

You can view and download a full overview of the Autumn Statement here. Further comment from Anthony Andreasen, director Director of Tax, is below – With many North East firms battling a range of enduring financial, inflationary and operational challenges, the Chancellor’s clear focus on business support measures today will be what the region’s entrepreneurs

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Chris Ferguson

When should I contact an insolvency practitioner?

According to the latest official Insolvency Service, England and Wales are currently experiencing the highest rates of corporate insolvency in 14 years. What this translates to is an increasing number of North East businesses struggling to keep up with cost increases and revenue headwinds, becoming closer to no longer being financially viable. Appointing an insolvency

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North east apprentices

Welcome to our new apprentices

As we continue to grow and build for the future, this year we are delighted to welcome five new apprentices to work along side our experienced teams. Josh Bond, Aidan Duke, Natalia Kostenko, Kristian Kerr and James Hopkinson have all begun structured, multi-year training programmes with us. We will see them work towards industry-recognised qualifications

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Chris Moir

Is there value in making a voluntary disclosure to HMRC?

It is well-known that HMRC have ramped up the number of tax investigations being launched in recent years. However, what seems lesser known, and is perhaps more surprising, is that the number of voluntary tax disclosures also continues to rise. HMRC are not shy in letting people know that they have the means and resources

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Chris Ferguson

Chris Ferguson promoted to Director

Chris heads up the Gosforth-based firm’s specialist recovery and insolvency division, which works with businesses and individuals experiencing financial difficulties to find appropriate solutions to address their issues. Prior to joining RMT in 2019, he spent almost two decades working in senior roles for some of the UK’s biggest professional services firms, predominantly on corporate

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Purchasing Buy-to-Let property via a Limited Company

New research shows that 74% of landlords who intend to purchase buy-to-let property within the next year will do so through a limited company. The significant rise, up from 62% in Q1 2023, has been largely driven by recent tax reforms and the growing costs of running a rental portfolio caused by climbing interest rates. However, whilst

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James Bell - RMT Healthcare Accountants

James gets his teeth into new RMT Healthcare role

As part of our growth plans for RMT Healthcare,  we are expanding the senior team with an experienced finance professional to further enhance our offering of accounting for healthcare professionals to medical practices, with support from a GP accountant, dental accountants or accounting for veterinary practices support. James Bell has joined RMT Healthcare accountants as a

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Charging an electric company car: what you need to know

Charging an electric company car: what you need to know

With the important focus on achieving Net Zero goals and targeting personal emissions, more and more company cars seem to be following the electric car trend. This also comes with the added benefit of avoiding the extra costs associated with volatile fuel prices. Whilst having an electric company car can be a great perk for

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RMT Office shot for Omnicom Media Group PR

RMT Accountants supports Omnicom Media Group set up Newcastle office

RMT Accountants & Business Advisors has helped London-headquartered Omnicom Media Group UK execute plans to set up its first North East office. The Newcastle opening will create 170 jobs over the next three years. The roles available will vary from entry level apprenticeships to more senior positions, including a new Managing Director. OMG UK also

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