News & Views
Keep up to date with the latest News & Insights from The MGroup.
Abseiling for SeeSaw
Five of our team took part in the 2013 abseiling fund raising event. The courageous team raised money in support of a local Oxford charity SeeSaw who provide grief support for the young in Oxfordshire. The event took place on Sunday 23 June 2013 at the Womens...
We all know planning is critical to our success, so why dont we do it?
The MGroup, Lloyds Bank and ActionCOACH are sponsoring a "90 Day Business Planning" seminar and are offering places free of charge to their clients. The seminar will be held at The Bird in Hand, Whiteoak Green, Witney OX29 2XP from 9.00 - 4.30pm on Friday 28th June...
If you are interested in sales then the next Oxfordshire Allies Meeting is for you
The next get-together of the Oxfordshire Allies is being held on Tuesday 11th June at Hacketts Food & Wine Bar in Witney. The topic for the evening is "Simple ways to improve your sales in a challenging market", given by the well renowned business coach Mark...
Be prepared – property purchases and Capital Allowances!
Many business owners are still unaware that they may be entitled to claim a deduction against profits in the form of capital allowances for elements of the acquisition costs of business property. In general these will reflect the properly apportioned costs of plant...
Have you noticed the changes to the paper tax return forms?
We are now a few weeks into the new tax year and tax returns for the year ended 5 April 2013 have been issued by the Revenue. For those who actually receive a form rather than a notice to complete one, there are a few changes to the form and an increase in the number...
Budget highlights for Small Businesses and their owners
Unincorporated businesses Income tax basic personal allowance increases to £9,440 for 2013/14 (increases to £10,000 for 2014/15) basic rate band for income tax is £32,010 for 2013/14 (falls to £31,865 for 2014/15) Cash accounting for taxable profits new optional cash...
The funding landscape
Recent announcements have confirmed that the Government Funding for lending scheme hasnt had as much of a take up as expected. The simple fact is that banks arent lending at the level they used to, or indeed if they do lend then the terms are quite severe, often...
Employers – be ahead of the game for April 6th
The topic of the last Oxfordshire Allies meeting threw up various questions and concerns for employers due to the impending introduction of the Real Time Information (RTI) system with effect from April 6th this year. As is the case with the introduction of any new...
Budget 2013
Chancellor George Osborne's fourth Budget statement was delivered on 20 March 2013 against a challenging domestic and global economic backdrop. For all the information and commentary go to info.themgroup.co.uk/tax/budget-2013.
Reporting PAYE in real time (RTI) – relaxation of rules announcement
An announcement was made by HMRC yesterday which relaxes the deadline for the submission of Full Payment Submissions under RTI for small businesses. Follow this link for full details: http://www.hmrc.gov.uk/news/rti-small-businesses.htm
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