31Mar
Promotions galore for Magma!
Magma Chartered Accountants are delighted to announce seven new promotions across its Audit, Business Services and Tax divisions. George Wake and George Newton, in Magma’s Audit & Accounts team, have […]
Blog
24Mar
CGT dodges reform on ‘tax day’
Yesterday (23 March) saw the UK’s first ever ‘tax day’, with the Treasury publishing over 30 tax publications. Background More than 30 policy updates, consultations and documents that would traditionally […]
23Mar
Magma Corporate Finance advise Eurokey Recycling on sale to Reconomy Group
Magma Corporate Finance is pleased to have advised on the sale of Leicester-based Eurokey Recycling to Telford-based Reconomy Group. Founded in 1995, Eurokey provides commodity trading and reprocessing services to […]
19Mar
Coronavirus Job Retention Scheme: Avoiding the pitfalls
The calculations involved in the Coronavirus Job Retention Scheme (CJRS) are already complex. With the incoming tapering of the scheme and uptake of staff holiday, employers face a challenge to […]
18Mar
Extension to trust registration deadline
If you are a trustee of a non-taxable trust – and are yet to register for the Trust Registration Service (TRS) – you now have until summer 2022 to do […]
17Mar
Research & Development (R&D) tax incentive claims – when not what?
Despite topicality, there are still many businesses undertaking qualifying R&D activities that fail to make incentive claims to reduce corporation tax. Could this apply to your business? What qualifies as […]
16Mar
Magma advise on sale of Flexmort
Flexmort – the market leader in flexible mortuary cooling solutions – has been acquired by a group of investors led by Noar, Limited (“Noar”). The business was founded in 2010 […]
16Mar
Is now the time to outsource?
With the consequences of the COVID-19 pandemic still pertinent across so many industries, business owners may find it more valuable than ever to focus on their core business – and […]
12Mar
Tax incentives that could be available for your business
An extension to the trading loss carry-back rule and the super-deduction tax break illustrate the government’s push to stimulate business investment Trading loss carry-back rule extension The Chancellor confirmed in […]
11Mar
Business Succession: Which Way Out?
With capital gains tax having escaped the Chancellor’s tax hike list, likely only for now, many private business owners are actively considering options for business succession in the short-to-medium term. […]
Memberships
Contact us
© 2021 Magma Chartered Accountants. Rugby, Milton Keynes and Cossington in Leicestershire