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What are Employee Ownership Trusts?

What are Employee Ownership Trusts? When faced with succession planning and various exit strategies, the founder of a business will have a number of options. For a business that has a strong culture, it may be that the founder is keen to ensure that this continues under new ownership. And, of course, selling it to existing staff guarantees this. Ahead of Employee Owned (EO) Day on 28 June, a national day of celebration for employee owned companies, could EO be the correct exit strategy for you? With a yearly growth rate of 10%, employe...

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Rothmans Petersfield to sponsor Retailer of the Year in the Petersfield Awards

Rothmans Petersfield is again sponsoring the category of Retailer of the Year in the town’s premier awards event, the Petersfield Awards. Each year this initiative promotes this thriving and diverse destination for businesses, visitors and retailers. The awards event is becoming more popular every year with increasing numbers of people getting behind the initiative. Indeed, more nominations for all the categories have been made than ever before, with more than 1,000 received. The nominations now go before a panel of independent judges t...

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Rothmans Accountants and Barclays Bank host Breakfast Seminar

Rothmans Accountants and Barclays Bank recently hosted a Breakfast Seminar in Winchester on ‘Making Tax Digital’ and ‘Cyber Security’. Jonathan Poulter spoke on behalf of Rothmans Accountants and Alex Douglas for Barclays Bank. Jonathan has been a Partner at Rothmans Winchester for the past three years and specialises in owner managed businesses. He began the seminar by giving a background to Making Tax Digital and the driving force from the Organisation for Economic Co-operation and Development (OECD) behind its agenda. Some of the...

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Rothmans Tax Cards

Following 2019's Spring Statement, we have updated our tax card for the new tax rates taking effect from 6th April 2019. To download this please follow the link. Alternatively, if you would like a hard copy of this handy card please contact your nearest Rothmans branch.

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BBC Radio Solent listeners put their taxing concerns to Rothmans expert

BBC Radio Solent Listeners flocked to the phone lines to ask for advice from our Tax Partner, Julian Sims, when he made his most recent appearance in the ‘Ask the Expert’ slot on the daily morning show with Sasha Twining. Julian is a popular and regular guest on the show which sees him dealing with a variety of queries from callers. Perhaps unsurprisingly on this occasion, as April 6 approaches, Julian was asked for advice on the penalties involved if tax returns included errors or omissions. Other wide-ranging topics included the tax im...

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Spring Statement 2019

Amidst ongoing economic uncertainty, largely generated by Brexit, Chancellor Philip Hammond presented the 2019 Spring Statement on 13 March 2019. This newsletter summarises the latest news and forthcoming measures that may affect you and your business. For further advice, please contact us. Inside: Measures announced Looking ahead Income tax Making Tax Digital (MTD) Changes to Entrepreneurs’ Relief Other key changes for 2019/20 Considering capital allowances What they said...

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