Blog | RMT Accountants and Business Advisors Newcastle

July 19, 2023

HMRC extends deadline for voluntary NICs

Taxpayers now have until 5 April 2025 to fill gaps in their National Insurance record from April 2006 that may increase their State Pension – an extension of nearly 2 years – the government announced. Extending the voluntary National Insurance contributions deadline until 2025 means that people have more time to properly consider whether paying

Paul Gainford of RMT with Fat Hippo founder Michael Phillips

June 22, 2023

Fat Hippo Group’s success continues with RMT’s ongoing advice

A successful independent North East restaurant group is putting on a show in the heart of London’s theatre district with the launch of its first West End venue. The Fat Hippo Group has opened the doors at a new 100-cover venue on Wardour Street in Soho as part of the latest stage of its continuing

June 14, 2023

Reaching the right valuation for your company

By Michael Cantwell, Head of Corporate Finance It’s been widely acknowledged that, in the aftermath of the covid pandemic, the attitude of a significant proportion of business owners has changed towards the timing of the exits that they want to make from them. While many would have previously been happy to continue running their businesses

June 6, 2023

RMT advice helps Dubai multinational make first acquisition in UK financial services sector

Advice from RMT Accountants & Business Advisors has helped a Dubai-headquartered multinational group of companies make its first move into the UK financial services sector. The Gosforth-based firm has worked with Aroma Global on the acquisition of longstanding West Midlands investment advisory business MitonOptimal Portfolio Management (UK) for an undisclosed sum as part of Aroma’s

May 10, 2023

Plan. Protect. Prosper. Futureproofing your business.

We are running an event, in conjunction with two other leading professional services firms in the region, for Shareholders and Directors, in a panel discussion hosted by North East Times. When : Thursday 22 June – 09.30-11.30 Where : PROTO – Gateshead College Business Centre, NE8 3BE Partners from law firm Weightmans in Newcastle will talk about the

May 2, 2023

Doxford Group delivers record financial performance as new hotel prepares for opening

A successful Northumberland hospitality group is ready for the next stage of its expansion after delivering record financial results. The Doxford Group, which owns the award-winning Doxford Barns and Charlton Hall in Chathill, more than doubled its annual turnover during its last financial year, from £1.6m to £3.9m, on the back of sustained demand in

April 6, 2023

Small businesses at risk as energy costs rise

The end of the Energy Bill Relief Scheme (EBRS) on 1 April could threaten the future of hundreds of thousands of small firms, according to research by the Federation of Small Businesses (FSB). From 1 April 2023, the Government has largely downscaled its energy support for small firms that are on fixed price contracts agreed

April 6, 2023

Two freeports confirmed for Wales

The UK and Welsh governments jointly confirm that two new Freeports, one in Anglesey and one in Port Talbot and Milford Haven, have been successful in their bids. The new sites are estimated to bring forward almost £5 billion in private and public investment and create over 20,000 new, high-skilled jobs, backed by up to

April 6, 2023

Taxpayers given more time for voluntary national insurance contributions

The government has extended the voluntary national insurance deadline to give taxpayers more time to fill gaps in their contributions and boost their state pensions. This comes after members of the public voiced concern over the previous deadline of 5 April 2023. The deadline extension was announced via a Written Ministerial Statement earlier (7 March 2023)