Offset of savings and borrowings

With savings rates having dropped to an all-time low, many individuals are actively looking for a better way of using their savings. For those savers who also have borrowings, there are two options to consider: 1. Do you wish to use your savings to pay off your borrowings; or 2. Continue to separate your savings and borrowings by taking out an offset mortgage. Like many good ideas, the offset mortgage is simple to understand and is relatively straight-forward in its operation. Any monies you hold on linked current or deposit accounts a...

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Watch those expense claims!

It is not only members of parliament that face difficulties in making expense claims. Many employees regularly make expense claims for costs incurred in their employment and it is important to be aware of current tax regulations. There are a number of “tax deductible” expenses you might be able to claim. These include the cost of professional fees or subscriptions, business travel and subsistence, tools and specialist clothing. Most claims can be backdated for up to 6 years. You can find out more about the types of expenses that...

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Alex Newman runs the Race for Life

Alex Newman, Client Manager from Rothman’s Portsmouth North office, ran the cancer charity 5K Race for Life at Southsea this summer. Alex, who raised over £200 for the charity, including donations and sponsorship from her team at Rothmans, said she had always wanted to take part in this event, but had been prevented before because of studying for her ACCA accounting exams. It was the death of her grandmother from cancer that spurred Alex on to train and participate, coupled with a desire to help those who have to face cancer now and...

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Habib Bora New Rothmans Partner

Habib Brora appointed director at Eastleigh

Habib Brora from Rothmans Eastleigh has been appointed director with effect from 1st October 2009. Habib commenced employment with Rothmans in 2000 at the Eastleigh office, qualifying as a Chartered Certified Accountant in 2004. After qualifying Habib gained an in-depth knowledge of tax which helps him give clients the best all round advice. Habib has built up a portfolio of personal, business, charity and trust clients. Habib decided to enter the accounting profession after a family member received relatively poor advice from their account...

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Rothmans Football

Rothmans enters SCASS football tournament

For the second successive year, Rothmans entered a team into the Southern Chartered Accountants Student Society 5-a-side football tournament. The team was made up of Natasha Wooton, Dan Langston, Andy Lee, Mark Milner and Alan Cooper from Chandler’s Ford office, Dom Currie from Havant, and Richard Pike from the Segensworth office. There was a large turn out of Rothmans colleagues, friends and families to support the team, which made good progress through the tournament. ‘It was a great day out for the team and all of our support...

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Privacy for Directors residential addresses is easy from October 2009

The 2006 Companies Act is still being introduced in stages. In October 2009 provisions come into effect increasing privacy for Directors by allowing the use of a service address on public file at Companies House. Key Points 1. Directors who wish to put a service address on the Companies House file will need to submit the notification to Companies House when the change ‘goes live’ in October 2009. 2. A service address must be an actual physical address at which the Director may be contacted (not a PO Box or DX...

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