Latest posts
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Understand your debt
The first step in managing debt is to have a clear understanding of what you owe. This involves listing all your debts, including credit cards, loans, mortgages and…
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Magma advise shareholders on deal with LDC
Magma Corporate Finance are pleased to have advised the shareholders of Integrated Doorset Solutions Limited (IDSL) in their recent transaction with Lloyds Development Capital (LDC). IDSL and its…
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Magma advises shareholders of AP Matching on sale to Basware
Magma Corporate Finance advised the shareholders of AP Matching on the sale of their shares to software company Basware backed by Accel KKR. AP Matching provide Accounts Payable…
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Companies House fees to increase from 1 May 2024
As of 1 May 2024, Companies House are increasing the fees they charge for their services, including Incorporation, Confirmation Statement, Change of Name, and more. Companies House’s justification…
Recent posts
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Spring promotions at Magma
Magma Chartered Accountants are delighted to announce five new promotions across its Payroll, Audit,…
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Proposed company size threshold increases
Overview The UK Prime Minister’s announcement in March 2024 introduced proposed increases to the…
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Magma advises on sale of Select Surveys Limited to LinesearchbeforeUdig Limited
Magma Corporate Finance are pleased to have advised LinesearchbeforeUdig Limited (LSBUD) on their recent…
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Navigating the new landscape: UK Companies House undergoes transformative changes
UK Companies House has embarked on a significant transformation following the enactment of the…
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Changes coming into effect that may impact your finances
During the Budget statement, the Chancellor announced what could be seen as ‘vote winning’…
More recent posts
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Financial Strategy: for business growth
Financial strategy for business growth
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HMRC clamps down on undeclared dividend income
HMRC has recently started another ‘One to Many’ campaign and from 4 February 2024, HMRC has been writing letters to individuals about potentially undeclared dividend income. This latest…
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International Women’s Day 2024
International Women’s Day International Women’s Day (IWD) is a global day celebrating the social, economic, cultural, and political achievements of women. IWD is one of the most important…
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Spring Budget 2024 on a page: key measures
On 6 March 2024, Chancellor Jeremy Hunt delivered a Spring Budget to the UK, focussing on productivity and long term growth. Below we’ve outlined the key measures announced,…
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R&D at HMRC: what’s going on?
Last year, we discussed the HMRC stepping up its enforcement efforts to clamp down on R&D tax avoidance, including enquiry activity, targeting fraudulent and non-compliant claims. And that…
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Spring Budget 2024: What can we expect to see?
Jeremy Hunt’s Spring Budget 2024 is just over a week away, and there is already speculation about what could be announced. The Budget is the final opportunity for…
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HMRC update: changes for double-cab pick-ups
HMRC have recently issued new guidance in its Employment Income Manual for double cab pick-ups. If you own one, that you use for both business and commercial purposes, or you’re planning to get one – you’ll need to be aware of these changes.
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Magma appoints new Marketing Manager
Magma continues to strengthen and expand its team with the appointment of Bethany Duffin, as Marketing Manager. Moving within the professional services industry, Bethany has recently concluded a…
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Nine senior promotions at Magma
Magma Chartered Accountants are pleased to announce several senior promotions to kick-start the new year. A successful start to 2024 for the Magma team, with nine senior promotions…