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Our News & Knowledge Centre

Explore insightful articles, tips, and industry updates from RMT. Stay informed on the latest trends, innovations, and best practices in accounting and business services.

Midlands Solicitors’ Firm Saved By CVA After HMRC Winding-Up Petition

A long-established solicitors’ firm has been rescued by a Company Voluntary Arrangement after HMRC presented a winding-up petition over substantial historic tax arrears. The company is a Solicitors Regulatory Authority (SRA) regulated law firm with a strong local reputation and a long history of providing accessible legal services to individuals and families. It employs 23

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RMT advice helps VOLT Bikes on the road to success

Advice and support from RMT Accountants & Business Advisors has helped a family-owned e-bike retail business develop from being a high-growth start-up into an award-winning market leader. VOLT Bikes sells a comprehensive range of e-bikes and accessories to customers right across the UK and has taken full advantage of the boom in e-bikes over the

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RMT Recovery Team Moves To Cavendish Square

RMT Accountants & Business Advisors has moved into new premises in Cavendish Square, strengthening its presence in London and the wider south of England. The office will focus on business recovery and restructuring services, supporting the firm’s continued growth in the region. Leading the expansion is Manjit Shokar, Head of Recovery and Insolvency for London

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HMRC Increases Mileage Rates: What Employers Need to Know

HMRC Increases Mileage Rates: What Employers Need to Know Businesses that reimburse employees for business mileage should be aware of important changes to HMRC’s Approved Mileage Allowance Payments (AMAPs). From 6 April 2026, the approved mileage rate for employees using their own cars or vans for business journeys increased from 45p to 55p per mile

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Temporary VAT Reduction for Family and Children’s Activities: What Businesses Need to Know

Businesses operating within the hospitality, leisure and attractions sectors could benefit from a temporary VAT reduction being introduced this summer. From 25 June 2026 to 1 September 2026, the VAT rate on certain supplies relating to children and families will reduce from 20% to 5%. While the measure is temporary, affected businesses should review their systems

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Spring 2026 Agriculture Newsletter

Farming businesses continue to face significant change, from policy reform and sustainability pressures to succession planning and profitability challenges. In our latest Sumer Agriculture Newsletter, we explore the issues shaping the future of the sector, sharing practical insight, real-world perspectives and advice from our specialist agricultural teams across the UK. Inside this edition: UK agriculture

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Starting from Xero delivering clear business benefits

The start of a new financial year is often the catalyst for businesses of all sizes to review how they manage their financial systems, and consider whether improvements could benefit operations and the bottom line. With HMRC’s Making Tax Digital drive becoming ever-more all-encompassing, the software that companies use to manage their financial responsibilities is

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RMT Accountants strengthens audit team with senior hires

RMT Accountants & Business Advisors has brought two further senior recruits into its audit team as it continues to invest in meeting growing client demand.   Joe Mackie-Walsh has joined the Gosforth-based firm’s audit team as an Associate Director, with Becky Barker taking up the role of Audit Manager.   And RMT is continuing to

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Benefits in Kind (BIK) Payrolling Changes: What Employers Need to Do Before April 2027

Changes to how Benefits in Kind (BIKs) are reported and taxed are coming into force from April 2027, and they will affect employers of all sizes. While the move to mandatory payrolling is designed to simplify tax collection for employees, it will require employers to adapt their payroll processes and reporting. Importantly, there is a

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