Skip to content

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.

wavey lines

International trade: UK moves into second and final phase of accession to join CPTPP

The UK has moved into the second and final phase of accession to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), it has been announced. Membership will give British businesses unlimited access to a global market worth £8.4 trillion each year. Here’s what you need to know. What is the Comprehensive and Progressive

Read more
wavey lines

Company tax returns must include COVID-19 grants says HMRC

Taxpayers are being reminded that COVID-19 support grants or payments should be declared on company tax returns as they are taxable. HM Revenue & Customs (HMRC) has issued a reminder that the filing deadline for company tax returns (CT600) is 12 months after the end of the accounting period it covers. The deadline to pay

Read more
wavey lines

How to make the most of cloud-based accounting software

The cloud is king in the world of accounting, with a vast range of software and applications available, designed to be easy to use by businesses and their owners. The beauty of cloud accounting is that the software can be accessed anywhere that has an internet connection on a range of devices. Good accounting software

Read more
wavey lines

Cash flow statements – How to avoid errors that damage your business

A cash flow statement provides data about all cash inflows a company receives from its operations and investments. It tells you how much cash is entering and leaving your business in any given period. Along with balance sheets and income statements, it is vital for managing your small business accounting and making sure you have

Read more
wavey lines

Retain key staff with salary sacrifice schemes

While the national job vacancy boom is good news for job seekers, it could be a nightmare for businesses keen on retaining high-quality staff. While a pay rise is always welcome it may not always be the most tax or National Insurance efficient approach when compared with other benefits, including salary sacrifice, that could be

Read more
wavey lines

Benefits of cloud accounting software far outweigh costs, study reveals

Cloud accounting software adopters are more likely to experience the benefits of Making Tax Digital (MTD) for VAT than those using only bridging software, a new study has revealed. The research, published by HM Revenue & Customs (HMRC), comes ahead of the extended rollout of the new digital tax regime. The survey of small businesses

Read more
wavey lines

Brexit Freedoms Bill to be brought forward

The Brexit Freedoms Bill will be brought forward to “cut red tape” and improve trading conditions for British businesses, it has been announced. The new laws will make it easier to amend or repeal outdated “retained EU law” to support international growth. Here’s everything we know about the Bill so far. What is the Brexit

Read more
wavey lines

Charity funding still available through Local Action Fund: how to apply

Charities and community groups have been “urged” to apply for match funding after it was revealed that hundreds of thousands of pounds is still available through the Local Action Fund. The scheme – launched by the National Emergencies Trust (NET) with Crowdfunder – matches donations pound for pound up to £10,000. According to the group,

Read more
wavey lines

RMT TECHNOLOGY GOING FOR GROWTH

The specialist technology sister company of RMT Accountants & Business Advisors is going for growth in 2022 after capitalising on increasing demand for its services over the last two years. Led by directors Paul Holborow and Mike Hayes, RMT Technology has worked primarily with SMEs across the North East but is increasingly helping clients in

Read more