Finance

Finance

Marine sector is in safe hands with Westcotts

For more than 30 years, Westcotts has been supporting family-run businesses working in all sectors of industry across the Westcountry. It’s the mainstay of everything the firm stands for – helping to support and guide businesses as well as individuals, offering a team of 34 partners and 250 team members at the heart of their … Read more

Devon businesses on course to weather county’s economic storms

Shona Godefroy, managing partner of Westcotts Chartered Accountants and Business Advisers, looks at whether Devon is well positioned to cope with the challenging economic climate. We’re used to weathering all kinds of storms here in Devon, but the turmoil created by economic changes recently have been challenging for even the most resilient among us. Businesses … Read more

How can your business weather choppy economic waters?

Sponsored content Devon-based HR consultants, enlightenHR launched in 2004 to ensure that SMEs have access to top-flight advice and support whenever they need it. We spoke to three of their expert HR Advisors, to get their take on how your business can weather the people-impact of the latest economic downturn. What’s the biggest mistake you … Read more

UK Export Finance: Championing the best of business in Devon

The UK is home to some of the most resilient businesses. But you don’t need to navigate challenges alone as UK Export Finance (UKEF) is is here to help. Tim Burden, UKEF’s Export Finance Manager for Somerset, Devon, Cornwall, Dorset and South Wiltshire, explains how. The last year has, for many businesses across the UK, … Read more

Putting the spotlight on Devon’s capital

Exeter is predicted to have one of the fastest growing economies in the country this year. Thomas Westcott Partner Patrick Tigwell looks at the rise and rise of a unique city. An engine of growth There was a time when Exeter was a pretty sleepy city. When I first came here in 1990, the university … Read more

Capital Gains Tax return and payment – deadline extension

Ian Pring, Partner at Thomas Westcott Chartered Accountants, looks at the announcement of the extension of the Capital Gains Tax deadline in the Autumn Budget. In an unexpected but welcome move, the Autumn Budget announced the extension of the current deadline for the payment of Capital Gains Tax (CGT) liabilities and submission of the accompanying … Read more

Autumn Budget 2021 – Champagne or beer, anyone?

Mark Tibbert, Partner at Thomas Westcott Chartered Accountants, picks out the key points from Chancellor Rishi Sunak’s Autumn Budget and Spending Review. This was the first time the current Chancellor has had a chance to consider delivering a Budget Statement without national restrictions being in place. Although the impacts of Covid are still being felt, … Read more

Accountancy in the “new normal” after Covid-19 pandemic

Stuart Carrington FCA, Partner at Thomas Westcott Chartered Accountants, explains how the pandemic has changed the world of accounting forever… We are now 18 months into the biggest upheaval to our world almost any of us can remember.  This side of World War II, perhaps only the Winter of Discontent and the three-day week have … Read more

Could technology be the key to recovery in the hospitality sector?

New technology could play a crucial role in getting hospitality businesses on the road to recovery, says Adam Croney, Partner at Thomas Westcott Chartered Accountants. We can be proud of our hospitality businesses here in Devon and the sector is hugely important to the local economy. Sadly, restaurants, pubs, hotels and cafes have been cited … Read more

UK economy now recovering rapidly, says Bank of England

The Covid-19 pandemic has been affecting us all for more than a year now. My fellow Agents and I know that those businesses that rely heavily on being able to have customers visit them in person – for instance, the hospitality and tourism sectors right across the SW – have been particularly hard hit. And … Read more

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