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.

Six Steps to Secure Finance For Your Business

Lots of businesses are seeking out finance at the moment, whether to fund an acquisition or finance investment, but given the challenges the economy faces, it is becoming increasingly difficult to secure the right deal. If a business hasn’t sought out finance for a while or there has been a significant change to their operations

Read more

Buying a Business – Top Tips to Secure The Best Deal

Have you ever considered buying a business? Whether you are an experienced entrepreneur or just starting out, acquiring a ‘ready-made’ business offers a number of advantages. For established businesses, buying a second company can help them break into new markets or acquire machinery, skilled workers or innovations that can help their operations grow. Meanwhile, new

Read more

Received a CJRS Compliance Check? Act now!

The Coronavirus Job Retention Scheme (CJRS) ended in September but many firms could still be subject to a CJRS compliance check in the weeks and months ahead. HM Revenue & Customs (HMRC) has been sending out letters to employers throughout the year telling them they need to pay back CJRS payments because they claimed too

Read more

MTD For Income Tax Delayed Until April 2024, HMRC Confirms

Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed. It means self-employed business owners and landlords will have one more year to prepare for the digitalisation of Self Assessment. According to HM Revenue & Customs (HMRC), the decision to delay the digital tax regime comes after concerns

Read more

Revised Brexit Timetable to Give Businesses “More Time to Adjust”

A revised Brexit timetable will give businesses “more time to adjust” to new trading processes, it has been suggested. The new schedule comes after concerns that firms are now focusing on recovery from the Coronavirus pandemic, rather than new customs declarations and controls. Here’s what you need to know. Full customs declarations and controls to

Read more

New Mileage Rates From September 2021

Mileage rates for petrol and diesel cars have increased from 1 September 2021, employers have been reminded. The new rates only apply to employees using a company car, rather than their own vehicle. If you need to reimburse staff for business travel, here’s what you need to know. What are mileage rates? Mileage rates –

Read more

Brexit And Immigration: The Key Dates You Need to Know About

Despite ‘officially’ leaving the European Union in January this year, there are still a number of loose ends that need tying up. In fact, the Brexit deal itself includes transitional rules that span from 2021 to 2028. While many of these rules relate to trade and customs, immigration is a matter yet to be fully

Read more

Tax-Relief Schemes May Help Start-Ups Raise Outside Investment – ICAEW

Tax-relief schemes may help start-ups and established businesses attract outside investment when traditional investment is not viable, a major regulator has said. The Institute of Chartered Accountants in England and Wales (ICAEW) said initiatives, such as the seed enterprise investment scheme (SEIS) and the enterprise investment scheme (EIS), may help even the smallest of firms

Read more

Are You Entitled to The Marriage Allowance?

Millions of married couples and those in civil partnerships could be entitled to up to £252 in income tax relief, HM Revenue & Customs (HMRC) has revealed. The latest statistics suggest that nearly 1.8 million couples are currently claiming the Marriage Allowance. But following a change in circumstances, millions more couples may be eligible to

Read more