Seven Leamington businesses make list of top 50 fastest growing companies in Coventry and Warwickshire

  • By EvaLawrence
  • By August 07, 19

Leamington gaming giants Codemasters have been listed as one of the top 10 fastest growing companies in Coventry and Warwickshire. The latest Coventry and Warwickshire Growth Barometer Report, published by accountancy and business advisory firm BDO LLP, highlights the variety and scope of growing businesses in the region, with Coleshill based RS Connect coming out on top after achieving an averag...

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Accountancy firm expands with Birmingham launch

  • By EvaLawrence
  • By August 07, 19

A South West accountancy firm is expanding its reach by opening a new office in Birmingham city centre. Bristol-based Avonmead has launched a new operation in the Colmore Gate building, only its second UK base, where it plans to hire five new staff. It said it saw Birmingham as a key growth market for the practice. Avonmead was founded by Birmingham-born Robert Simpson in 2017 and works w...

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Jaguar Land Rover unveils plans to build electric cars in UK despite Brexit worries

  • By EvaLawrence
  • By May 07, 19

The company says it will "fight" to stay in the UK but it needs the right Brexit deal to secure future investment in the country. Jaguar Land Rover has announced plans to build new electric vehicle models at its Castle Bromwich plant, a decision it says safeguards thousands of jobs at the site and in the supply chain. Britain's biggest carmaker said it had forced itself into the decision des...

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Freelancers are unaware of upcoming IR35 changes

  • By EvaLawrence
  • By April 07, 19

More than two thirds (67%) of freelancers are unaware of impending changes to IR35 legislation, new research has found. Changes to IR35 legislation, which are set to be rolled out next April, aim to tackle the problem of ‘disguised employment’ where businesses hire freelancers as opposed to hiring them as staff. Additionally, the research, which was commissioned by YunoJuno, revealed that mo...

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Shropshire Economy

  • By EvaLawrence
  • By January 01, 70

Shropshire businesses are continuing to help grow the economy, an extra £1.1 billion in turnover last year, and reports compiled from accountancy giant BDO have identified the top fastest growing companies in the area. Whilst some regions are notorious for being manufacturing/distribution heavy there is a noticeable variation in the sectors for the fastest-growing companies in Shropshire, inclu...

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Construction group offers £10,000 to help students affected by collapse of Black Country contractor

  • By EvaLawrence
  • By January 01, 70

MCS, based in Claverdon near Coventry, has donated £10,000 to support with tuition fees of the employees affected by Shaylor’s collapse into administration this week with the loss of 200 jobs. Walsall construction group Shaylor Group was placed into administration on Monday, and Raj Mittal and Tony Barrell, partners at FRP Advisory, confirmed their appointment as joint administrators today. ...

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IR35 tax clampdown is budget’s biggest new revenue-raiser

  • By EvaLawrence
  • By January 01, 70

A rule change on the tax status of self-employed people working for private sector companies was the biggest new revenue raiser in the budget. The tax framework, known as IR35, is aimed at stopping tax dodging by disguising employment through so-called personal service companies, which will cost the exchequer £1.3bn a year by 2023-24, according to HM Revenue and Customs figures. In a bid to st...

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Top tips for retaining your best talent

  • By EvaLawrence
  • By January 01, 70

From the smallest start-ups to the biggest corporations in the world, retaining key talent is one of the only truly effective ways of ensuring that your output is both consistent and of a high quality. Constantly training new staff is not only costly, but it's also time-consuming and resource-heavy with a vastly increased chance of losing key data and even clients, if external relationships are...

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Does HMRC understand its own IR35 rules? TV stars take taxman to court and win

  • By EvaLawrence
  • By January 01, 70

Former Loose Women presenter Kaye Adams has successfully challenged HMRC in court, confirming a job she worked on with the BBC qualified as being ‘off payroll’ for tax purposes. This then begs the question: is HMRC clear on its own IR35 rules and how to apply them? What is IR35? A guide for the self-employed IR35 reform: 7 things contractors should know about the government’s latest a...

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Is your Finance Team fit for business growth?

  • By EvaLawrence
  • By January 01, 70

In days gone by the finance function – the people and processes used to ‘keep the books’ – was largely responsible for keeping score. Their remit was to report on what had happened historically and make sure tax and accounts were filed on time. However times are changing. As new technologies and business models create an unprecedented pace of change, what we ask of finance has ch...

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