A warm welcome...

We welcome two new partners, Sharon Omer-Kaye and Mike Bath who have recently joined us.

Sharon has joined us as a partner within our Private Client Tax Team, from RSM where she was Head of Private Client across the Thames Valley and West. Sharon is based in our Newbury office.

Mike joined us shortly after as an Audit & Accounts Partner after long spells with a top-four firm and a leading regional firm. Mike is based in our Southampton office.

COVID-19 support grants paid to companies must be included on company tax returns

HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable.

The deadline for filing company tax returns is 12 months after the end of the accounting period.

Government scheme gives discounts of up to £5,000 on software

The government's Help to Grow: Digital scheme – designed to support smaller businesses in adopting digital technologies – is now open for applications. Under the scheme, eligible businesses can now receive discounts of up to £5,000 off the price of approved digital accounting and other software from leading technology suppliers.

National insurance rise 'set to squeeze budgets', warns CBI

The Confederation of British Industry (CBI) has warned the government that the planned rise in national insurance will squeeze budgets and affect economic growth.

The rise will see employers, employees and the self-employed pay 1.25p more in the pound from April 2022.

No 'convincing case' for digital UK currency, says House of Lords committee

Creating an official digital currency in the UK could pose significant risks to the financial stability of banks, a House of Lords committee has warned. The Lords Economic Affairs Committee said introducing a Central Banking Digital Currency (CBDC) 'would have far-reaching consequences for households, businesses and the monetary system'.

Shortlisted in 3 categories at Solent Deal Awards

James Cowper Kreston Corporate Finance is incredibly proud to announce that we have been shortlisted as finalists in 3 categories in the upcoming Solent Deal Awards 2022.

We have been shortlisted for:

Corporate Finance Team of the Year
Due Diligence Team of the Year
Corporate Finance Adviser of the Year for Stuart Williams and Stewart Lambert who have both worked on a wide range of local deals during the period

Contact Us

James Cowper Kreston is a leading firm of accountants and business advisers, with offices across the South of England. We deliver focused, innovative advice to a diverse range of businesses and individuals helping our clients to maximise their potential.

If you would like to discuss any of the topics raised within this newsletter please email us on info@jamescowperkreston.co.uk or call us on 01635 35255.

James Cowper Kreston

The information in this newsletter must not be relied on as giving sufficient advice in any specific case.