We note that 80% more wine producers applied to register with HMRC last year compared to 2009/10 when there were just 26 applications.
The Alternative Investment Market (AIM) has had its biggest quarter for M&A activity in over two years as AIM companies become attractive takeover targets.
The amount spent by businesses on R&D has hit a record high of £13.2 billion in the last year, rising by 10% from £12 billion in 2011-12, according to our research.
The number of applications for distiller’s licences has trebled in a year as entrepreneurs rush to replicate the craft beer revolution, according to our research.
Just a quarter of the money saved in junior ISAs is invested in shares, suggesting that parents of young savers are taking a cautious approach..
Colin Jones, partner, explains our research that shows London outdoes the rest of the UK’s top 150 towns and cities for business generation, creating 20 times more additional new businesses* per capita than the rest of the UK.
HMRC has caused widespread confusion with an indiscriminate mail-shot to higher rate taxpayers receiving child benefit which suggests that they may owe additional tax, however, HMRC appears to have sent taxpayers these letters without checking whether or not the charge had already been paid by their partner.
Subarna Banerjee, formerly Audit Director at Grant Thornton UK LLP, is joining our London office as an audit partner and will Chair our charity and not-for-profit group.
In our recent study we have found that bank lending to the private sector in the UK is still lagging far behind the G7 average, despite all the Government’s efforts to boost the availability of credit.
HMRC have announced a number of changes to the Liechtenstein Disclosure Facility to limit the benefits for those that HMRC sees as abusing the arrangement.