Blog | RMT Accountants and Business Advisors Newcastle

August 17, 2023

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

RMT Office shot for Omnicom Media Group PR

August 16, 2023

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

TrendBible Joanna Feeley and RMT Julie Cuthbertson on business expansion

August 10, 2023

TrendBible forecasts business expansion

RMT Accountants and Business Advisors are delighted to have assisted long-term clients, TrendBible, in their business expansion plans by securing a new three-storey office on Leazes Park Road in central Newcastle. The 2,000 sq ft space has been designed to provide a flexible base for members of the growing, 22-strong TrendBible team to use when

Louise McGuire outlines the benefits of outsourcing payroll services

August 4, 2023

The benefits of outsourcing your business’s payroll function

Managing a company’s payroll can be a time consuming and complex process. Whether that’s for a growing businesses taking on more staff or smaller firms where the management teams already have enough on their plate, it makes sense to consider outsourcing payroll services so owners can focus on day-to-day operations. It’s therefore no surprise that

July 19, 2023

Industrial strategy required to ‘focus on innovation’, says IoD

The Institute of Directors (IoD) has urged the government to create an industrial strategy to help ‘define specific long-term priorities for the UK economy’. In its latest survey, an overwhelming majority of IoD members (88%) favoured the development of a meaningful industrial strategy aimed at defining specific long-term priorities for the UK economy. Less than

July 19, 2023

Post-Brexit trade plan must be replaced, says think tank

The Resolution Foundation think tank has called for the government to replace the initial post-Brexit trade plan with a ‘far more ambitious’ strategy to help protect Britain’s manufacturing firms and seek new markets for UK services firms. A report published by the Foundation found that the UK’s initial post-Brexit trade plan to secure Free Trade

July 19, 2023

UK inflation stays at 8.7%

The UK’s rate of inflation plateaued at 8.7% in May, data published by the Office for National Statistics (ONS) has shown. Inflation was expected to fall in May but remained at 8.7% – the same rate as was recorded in April. The rate of 8.7% is higher than economists had expected, and many now anticipate

July 19, 2023

MTD expected to cost £1 billion more than originally forecast

A report published by the National Audit Office (NAO) has found that HMRC’s Making Tax Digital (MTD) initiative is expected to cost around £1 billion more than its initial £226 million budget, which was forecast in 2016. MTD is intended to modernise the tax system for income tax self assessment, VAT and corporation tax. It

July 19, 2023

HMRC close self assessment helpline for three months

A trial to redirect Self Assessment queries from the helpline to HMRC’s digital services will run between 12 June and 4 September 2023. HM Revenue and Customs (HMRC) will pilot a new seasonal model for the Self Assessment (SA) helpline, to prioritise helping those with urgent queries. For 3 months from 12 June 2023, HMRC will