The government is calling for additional reporting from close companies as it looks to reduce the small business tax gap. Under new proposals now under consultation, close companies will have to report details of transactions with participators to HMRC, including the amount, date and details of the recipient for each transaction. A close company is […]
Cybercrime affects more than 32 per cent of Lancashire businesses monthly – with the average cyber-attack costing the targeted company £15,300. Now Boost, Lancashire’s Business Growth Hub, is backing a national government campaign to ‘lock the door’ on cyber criminals. The aim is to give companies practical advice to protect themselves against common threats. The […]
The growth of Lancashire’s scaleup sector has been described as one of the county’s real economic success stories over the past decade – with no signs of its momentum slowing. Figures show the county outperforming some big city economic powerhouses when it comes to scaleup businesses and the potential for further growth. Recent research has […]
Just over four in ten businesses have reported experiencing a cyber security breach or attack in the last 12 months. That equates to around 612,000 UK businesses and 61,000 charities, according to official UK figures. Phishing attacks remain the most prevalent and disruptive type of breach or attack – experienced by 85 per cent of […]
Mark Gibbons is Funding and Partnership Manager at Rosebud, which is part of Lancashire County Council’s Business Growth Service. Rosebud provides growth support and business loans for growing businesses based in the county. Through its range of financial and growth support services Rosebud enables businesses across Lancashire to innovate, diversify and expand. Mark says: “There […]
The government has revived the landmark Pensions Commission to confront what it has labelled a ‘retirement crisis’. It says that without action tomorrow’s retirees are on track to be poorer than today’s. Almost half of working-age adults are still saving nothing with low earners, some ethnic minorities and the self-employed least likely to be pension […]
Rosebud, part of Lancashire County Council’s Business Growth Service, has announced a £1.5million funding pot available to lend to ambitious businesses in the 2025/26 financial year. Administered by Lancashire County Developments Limited (LCDL), the fund is designed to support high-potential businesses based in the county looking to scale, innovate and create high-quality jobs. Rosebud has […]
WNJ provided corporate finance and tax advice to a Lancashire based animal feed products business during its successful sale process. Family run McGuinness Feeds, based in Penwortham, which will celebrate 50 years in business next year, has been acquired by SugaRich, Europe’s leading provider of sustainable surplus food solutions for the food and feed sector. […]
WNJ has announced two senior promotions as we continue on our development journey. Matthew Johnson, formally an Associate Partner, has been made an Equity Partner in the practice whilst Stuart Mercer has been appointed Associate Partner. Matthew joined WNJ in September 2008 as an Accounts and Audit Trainee. He qualified as a Chartered Accountant in […]
The government has confirmed its commitment to reforming the current business rates system though for many it is not moving forward quickly enough. The chancellor’s spring statement announced that an interim report on the future of the system will be published in the summer. However, no details of the proposed changes are set to be […]
