More recent posts
-
Magma nominated in two categories for the East Midlands Dealmakers Awards
We’re delighted to share that we’ve been nominated in two categories, the Corporate Finance Advisory Team of the Year and Deal of the Year (under £10m), at the…
-
Say goodbye to paper P11D forms: UK employers must now submit P11D forms online
P11D reporting provides HMRC with details of employment benefits provided to staff each year. Not everything has to be declared, but the list of things that do is…
-
Magma advises on sale of Lindsay Phillips Property Care
Magma Corporate Finance is pleased to have advised on the sale of East Midlands’ contract cleaning company, Lindsay Phillips Property Care (LPPC), to Birmingham-based Hygiene Group. LPPC has…
-
Spring Promotions
Magma Chartered Accountants are pleased to announce several promotions across its Audit, Tax and Business Services divisions. With timing uncannily synonymous with the start of the blooming season,…
-
Fuel your future with Magma
As a young and dynamic business, we see individual and collective learning and development as an integral part of success. When beginning a career in the financial sector,…
-
Full expensing investment allowance: A new tax incentive for UK businesses?
Jeremy Hunt recently announced a new investment allowance, in an attempt to soften the impact of the much-criticised corporation tax hike. But will it work? Revealed in the…
-
Spring Budget 2023 – At a Glance
The much-anticipated Spring Budget 2023 has been delivered by Chancellor Jeremy Hunt. Described by him as a ‘Budget for Growth’, we have provided some details of the tax…
-
BUSINESS SUCCESSIONS & EMPLOYEE OWNERSHIP
Selling to a third party isn’t the only exit route for business owners. Traditional Management Buy Outs (MBO) or Employee Ownership Trusts (EOT) provide popular alternatives, also rewarding…
-
Deadline extended for voluntary NIC’s
The government has announced that taxpayers will now have until 31 July 2023 to make voluntary national insurance (NI) contributions. We recently published an article stating an April…