Finance

Businesses must comply with new digital VAT regime, says Moore Thompson

Businesses must comply with new digital VAT regime, says Moore Thompson

Thousands of businesses across the UK are slowly getting to grips with the new requirements for Making Tax Digital for VAT, but East of England accountants Moore Thompson say many remain unregistered and under prepared. The most recent data from HM Revenue & Customs (HMRC) shows thousands of businesses are still yet to sign up for the new Making Tax Digital (MTD) regime for VAT, despite it coming into effect last month. MTD requires around …

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Finance

SEVEN TIMES MORE PEOPLE CHOOSING LIFETIME ISA OVER HELP-TO-BUY ISA IN 2019 SO FAR

SEVEN TIMES MORE PEOPLE CHOOSING LIFETIME ISA OVER  HELP-TO-BUY ISA IN 2019 SO FAR

The Nottingham Building Society has released figures that show new ISA savings product, The Lifetime ISA is up to seven times more popular than its sister product, the Help-to-Buy ISA. The building society launched the Government-backed savings product in branches last August and the online version in March this year. Another benefit for first-time buyers opening their LISA with The Nottingham is when they come to buy their first home, they can speak to a …

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Finance

Moore Thompson trainees celebrate exam success

Moore Thompson trainees celebrate exam success

Two trainees at East of England accountancy practice, Moore Thompson, have been congratulated having passed important professional examinations. Asif Hamid and Jordon Wingert have both recently passed exams as part of their ACCA (Association of Chartered Certified Accountants) studies at the firm’s offices in Spalding. Obtaining the ACCA qualification requires entrants to sit 13 taxing exams and complete at least three year’s work experience in practice, completing a wide range of tasks. Jordon has passed …

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Finance

Broker appoints new director to head up vendor sales

Broker appoints new director to head up vendor sales

Financial services broker, Midlands Asset Finance (MAF), has continued its growth after hiring a new Director of Vendor Sales. Covering the whole of the UK, David Cowe will oversee MAF’s vendor strategy and Supplier Partnership Programme that allows suppliers to provide finance to their customers. Joining from Econocom UK Technology Finance where he spent 14 years as a senior account manager, David is originally from Stockton-on-Tees and has also previously worked for Lombard and HSBC. …

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Finance

Ed teaches money matters to Nuneaton’s Values pupils

Ed teaches money matters to Nuneaton’s Values pupils

Pupils at Nuneaton’s Values Academy boosted their knowledge of all things money during a day of financial education sponsored by Hinckley & Rugby Building Society. Ed Flack, a financial education expert from the not-for-profit WizeUp, worked with around 10 pupils from years 10 and 11 at the school. Ed said: “We spent a fantastic day with the senior students at Values Academy. Everyone made great contributions to a really lively day. One student was the …

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Finance

Finance Advice Centre spreads its wings as it sets up in Castle Donington

Finance Advice Centre spreads its wings as it sets up in Castle Donington

Fast-growing UK mortgage advisers Finance Advice Centre has continued its ambitious expansion programme by opening its third franchise in one of the country’s most up and coming towns. The new franchise, in Castle Donington, Leicestershire, will enable the Derby-based company, which primarily operates online and by telephone across the UK, to reach customers in a new location and recruit new staff. Based at the Millhouse Business Centre, Station Road, it has been opened by business …

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Finance

Youthful recruitment campaign pays off for MT Financial Management

Youthful recruitment campaign pays off for MT Financial Management

Four new young staff members have been recruited by a leading East of England firm of Independent Financial Planners, MT Financial Management. The firm, which is partnered with one of the region’s fastest growing accountancy practices Moore Thompson, has recently welcomed the new recruits as part of an ongoing expansion of their services in the region. The appointments include Monika Jovaisaite (aged 19) who has joined as administrator and Thierry Williams (aged 22), who has …

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Finance

Strong start to 2019 at Hinckley & Rugby BS

Strong start to 2019 at Hinckley & Rugby BS

Hinckley & Rugby Building Society has started 2019 with an £18m increase in its mortgage balances in the first three months of its financial year. £46m was advanced up to the end of February. At the end of its first quarter (from December 1 2018 to February 28 2019) the mortgages balance was up to £690m and should exceed £700m during May. Total assets now stand at more than £800m The trading update came as …

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Finance

Accountancy company celebrates its 30th anniversary with party and charity effort

Accountancy company celebrates its 30th anniversary with party and charity effort

AN independent accountancy firm which is headquartered in Derby has celebrated its 30th birthday in style and used the occasion to help a local charity.   Maple was started by Jenny Priestley on March 11, 1989 and has now grown to three branches in Birmingham, Manchester, and London.   Ironically, Maple is based in the same building in Friar Gate where Jenny used to work for another firm. She returned to work there after having …

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Finance

Four awards beckon for Hinckley & Rugby BS

Four awards beckon for Hinckley & Rugby BS

Hinckley & Rugby Building Society is in the running for a quartet of awards for its savings and mortgages. The mutual is a finalist in four categories of the Moneyfacts Awards 2019, for: Best Building Society Mortgage Provider; Best Notice Account Provider; Best Cash ISA Provider; and Best Building Society Savings Provider. Chief executive Colin Fyfe said: “For Hinckley & Rugby to be shortlisted in four Moneyfacts Awards categories is a real achievement. It’s the …

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