How time flies! It hardly seems 12 months since we sent out our first newsletter last December and here we are again with Christmas and the New Year just around the corner. We hope you enjoy the latest "News that Counts" and send Season’s Greetings to you all.
Latest News
New Partner arrives at unw
unw has been particularly busy over the last few months recruiting several new members of staff. The Partners were especially pleased to welcome aboard a new partner.
Christmas…… A time for giving
This Christmas if you are considering making a larger than normal gift to family members, you will need to consider the tax implications if you do not wish Gordon Brown
Government Grants - Is time running out?
The current business grants regime in the UK is dominated by Selective Finance for Investment (“SFI”); the scheme that replaced Regional Selective Assistance.
unw Online to a Winner!
Chamber @dvice was launched on 8 November at the Stadium of Light and unw’s Mark Simpson was there to see this innovative business support service go “live”...
Are you being served?
Was the order of the day recently, when the partners treated the staff to breakfast.
The setting was the main boardroom, which had been decked out as a café and everyone was invited to come along for a continental breakfast. Complimentary newspapers...
Financial News
Update on UITF 40
The Government has announced that it will introduce legislation in the Finance Bill 2006 to spread the impact (‘adjustment income’) of UITF 40 over three years with spreading up to six years...
Are you due a new company car soon?
Are you due a new company car soon? Are you considering a diesel model?...
Offshore Bank Accounts
Last year we reported that the Revenue were starting to use targeted letters to taxpayers as part of their compliance activities. They began with letters to small businesses regarding the possibility of incorrect recording of income...
The Construction Industry: A Glimmer of Hope?
The new Construction Industry Scheme (CIS) was due to take effect in April 2006 but this has been deferred to April 2007. Previously we reported that, ahead of the changes planned for 2007...
unw Events
Our programme of specialised briefings is currently being finalised.
Ones to look out for include:
- Subject:
- ‘Are you getting credit for your R & D?
It has been estimated that SMEs are leaving some £300m a year unclaimed in R & D tax credits.
Could you be one of those?
Tax partner, Charles Linaker, together with Neville Bearpark, Corporate Finance partner, will give a briefing session to explain the rules for R & D tax reliefs and how to go about making a claim to the Revenue.
- Subject:
- ‘Avoiding VAT Pitfalls’
Nick Hunt of Omnis VAT Consultants will cover some of the common errors and misconceptions that can affect a range of transactions and businesses.
For instance – Why should a financial services company think twice about outsourcing its back office function?
Please check for further details or register your interest: roduns@unw.co.uk
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We welcome your comments or suggestions for future news items in News that Counts.
unw chartered accountants, Citygate, Newcastle upon Tyne.
Tel 0191 243 6000.
Email: enquiries@unw.co.uk
Deal Summary
These are just some of the deals unw completed throughout 2005
Financial Due Diligence and Deal Structuring Advice
Management Buy Out
SFI Application
Finance Raising and Acquisition Advice
Due Diligence