Chancellor Rishi Sunak has delivered the Autumn Budget 2021. In this summary we provide some details of the tax changes announced that will be of interest to owner-managed businesses, entrepreneurs and private clients. We hope you enjoy reading this and if you would like to discuss anything within your own context further, please do not […]
With careful planning, family wealth created by one generation can be protected and grown for future generations to thrive. Where is your wealth held? An important aspect of wealth planning is identifying where the wealth is held – while some family’s wealth will be solely invested and utilised in the business, others may have assets […]
The Government’s Coronavirus Job Retention Scheme (CJRS) scheme ended at the end of September. HMRC’s attention will now turn to reviewing the accuracy of the claims made. It has been estimated that the error and fraud rate in the CJRS scheme could have been between five and ten per cent (£1.75 – £3.5 billion) by […]
Despite speculation earlier in the year that it may not take place, the Chancellor is set to deliver his Autumn Budget on 27 October. What can we expect? In a speech to the Conservative party conference, Chancellor Rishi Sunak indicated that he would use tax rises, rather than borrowing, to fund future spending pledges. With […]
Magma Corporate Finance have been shortlisted in the SME Advisory Team of the Year and Deal of the Year categories. The shortlists for Insider’s Midlands Dealmakers Awards – which recognise the achievements of the region’s M&A professionals – have been revealed. The awards will see more than 700 of the region’s senior and rising dealmakers […]
Magma Chartered Accountants are pleased to announce eight promotions across its Audit, Tax and Corporate Finance divisions. There have been five promotions within Magma’s Tax division, including Cornelia Petha promoted to a Senior Tax Manager, Callum Bramley and Tom McDonnell both promoted to Assistant Tax Managers and also Danika Bhakta and Harriet Jones advancing to […]
