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We’re delighted to welcome our new Tax Partner, Sheldon Cole (pictured right with Richard Thomas), who joins our growing team in the South West.

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Stuart Carrington
By Partner Stuart Carrington

HMRC have recently provided updated guidance on the new Common Reporting Standard, and how it applies to charities. This is a new and complex piece of legislation brought into UK law via a treaty with the USA. Its purpose is to ensure global tax transparency and prevent tax evasion.  It came into effect on 1st January 2016 and the first reports are needed by 31st May 2017 under threat of penalties.

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Chris Hill
By Partner Chris Hill

There is a new source of grant funding available across the South West to businesses operating in rural areas. This is European Agricultural Fund for Rural Development (EAFRD) funding and it is now available to support projects that increase rural jobs, growth and productivity in rural areas.

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Peter Brown
By Agricultural Consultant Peter Brown

What action can individual businesses take to survive?

Family farms have always been part of our countryside, but numbers have been declining as the pressure on farming increases, and through lack of succession, as the next generation choose to move away from the farm.

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Mark Tibbert
By Tax Partner Mark Tibbert

Below are some key financial dates and deadlines for March 2017.

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For the first profile of the new year we meet one of our rising stars from the Plymouth office, Trainee Chris Maddison. 

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We’re very proud to be sponsoring a charity fashion show in Exeter to raise funds for charity Life Education Wessex, an organisation that delivers health, wellbeing and drug prevention education to children and young people.

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Ian Huggett
By Partner Ian Huggett

Shortly before Christmas, and timed to coincide with the release of the new Star Wars based movie, the Charity Commission released their decision on the application of “The Temple of the Jedi Order” (TOTJO) to become a CIO.

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Jack White
By Agricultural Consultant Jack White

January is a good time to set goals and targets for the next 12 months or longer.

In my experience the most common targets amongst farm businesses are:

  • Make more money
  • Pass the farm on to the next generation
  • Buy next door!

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Alan Sanders
By Audit & Assurance Manager Alan Sanders

The financial reporting environment is going through considerable changes caused by changing government legislation and the most significant change to accounting standards in many years. The impact of this needs careful consideration to ensure that organisations take the right actions.

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