Latest News
SINCE the launch of the Regional Growth Fund in 2010, the North East has seen around £150m worth of grant funding awarded to businesses based in the region. This has been the trigger to stimulate investment of over £1bn by a diverse range of businesses involved in a wide variety of activities throughout the area.
A regional firm of chartered accountants and business advisers are celebrating the exam success of two of their employees.
A NORTH East accountant and bridge player has been named the youngest Grandmaster in the card game in the country.
ACCOUNTANCY firm Clive Owen & Co LLP is advising how to get businesses in tip top shape for 2012 as the festivities die down and the nation looks to getting fit and healthy.
AN AWARD-winning corporate finance specialist has seen an outstanding year recognised with his promotion to director.
BUSINESSES can learn more about Cloud computing and how it can transform their businesses at a free event.
BUSINESSES are invited to an event to learn more about Cloud computing and how this can transform their businesses. Cloud computing gives business owners the ability to access their information from anywhere at anytime and reduces the level of capital expenditure on IT equipment.
A LEADING accountant has followed in the footsteps of his father and grandfather and become a member of Darlington College’s governing board.
A firm of regional accountants recently held an event open to local businesses to highlight the changes happening within payroll and the action business owners need to be taking to be prepared for all the changes happening within the coming months.
BUSINESSES can discover how the latest version of an accounts software package could benefit them at a free demonstration.
Free Event And Demonstration Of The Latest Sage 50 Accounts Software
Clive Owen Corporate Finance was recognised for a hugely successful year recently at the Insider North East Dealmakers Awards in Newcastle.
A NEW partner has been appointed to the thriving York office of accountants and business advisers, Clive Owen & Co LLP.
BUSINESSES are being invited to attend an informal free event designed to tackle the headaches and red tape associated with payroll issues. Accountants and business advisers, Clive Owen & Co LLP, is holding a special Payroll Surgery at its offices in Coniscliffe Road, Darlington, on Thursday September 8.
Two North East companies, specialising in Mechanical & Electrical Engineering for the Power, Oil and Gas, Refining, Chemical and Renewable Energy Sectors, have merged to form ENEX Group Limited. The merged companies, Mechanical Engineers Flow Matters (started in 2001) and Electrical contractors Technical Ex Services (UK) (started in 2005) have now relocated to larger premises at Port Clarence Offshore Base by the River Tees in Middlesbrough.
Merger Creates Leading Energy Services Group In The North East
A CARBONATED drinks firm which sells its range of popular natural products across the country has seen its business transformed by Cloud computing technology.
AN EDUCATION specialist at chartered accountants Clive Owen & Co LLP has been promoted to the position of assistant manager.
MORE than £2m worth of grants have been secured for firms in the North East in the last three months by accountants and business advisers, Clive Owen & Co LLP.
A former senior official of the Bank of England has told leading North East businesses that the region must be realistic about export and manufacturing’s ability to stimulate economic growth.
Clive Owen & Co LLP, a regional firm of chartered accountants and business advisers, has promoted Simon Hook to the position of director.
THE Government must take steps to increase Capital Allowances in the forthcoming budget so the North East's manufacturing sector can continue to thrive, according to accountants and business advisors, Clive Owen & Co LLP.
Manufacturers will suffer unless Chancellor raises Capital Allowances
NORTH EAST businesses must be prepared for changes that will affect the way they manage payroll if they want to avoid an admin headache, according to a leading regional accountancy and business advice firm.
A highly experienced Tax specialist has joined one of the region's leading firms of Chartered Accountants and Business Advisers.
A North East manufacturing business based in Thornaby has grown rapidly within five years and has recently moved to larger premises as part of an expansion and development programme.
A YOUNG professional is proving that he plays his cards right, after being selected as part of England's under-25 bridge team.
The standard rate of VAT will increase from 17.5% to 20% from 4 January 2011. The reduced rate of 5% and the zero rate will remain unchanged. Businesses need to ensure that they are ready for this change.
With the season for office parties fast approaching we thought it would be a good idea to remind you of the tax rules. The good news is that, unlike entertaining customers, the costs of entertaining employees are generally allowable against the profits of the business.
The introduction of the National Employment Savings Trust (NEST) has been in the press recently following a government review of the scheme. The headlines that employers will have to start making pension contributions for all of their employees from 2012 are somewhat misleading as the majority of employers will not need to comply with the rules from that date. The start date for the roll out of the scheme is October 2012 but this will impact on employers with 120,000 employees or more. For those with a more modest workforce the start date varies, for example those with less than 500 employees the date is 1 January 2014 and for those with less than 50 employees the earliest start date is 1 August 2014.
HMRC (H M Revenue & Customs) are advising employers to make use of the Employer CD-ROM. Important updates have been made to the software.
The Government has announced that they will create a new tax-free children's savings account following the end of Child Trust Fund (CTF) eligibility.
From riding high in the bus industry to building his own accountancy empire, Clive Owen's varied career has culminated in the creation of a major North East employer. In this month's Success feature in conjunction with the North East Chamber of Commerce, Andrew Mernin talks to the card sharp executive to find out how he keeps his firm on top of the deck.
We are pleased to announce the completion of another successful deal in the North East market. Clive Owen Corporate Finance advised the shareholders of Fyr Fyter (UK) Limited in the disposal of 100% of their share capital to PHS Group plc.
Financial Secretary to the Treasury, Mark Hoban MP has announced a series of changes to the pension rules. The main changes include:
HMRC (H M Revenue & Customs) advise individuals of their National Insurance number for the first time by sending out a plastic card. Following a suggestion made through the Spending Challenge website HMRC will in future, cutting their costs by an expected £1 million per annum, send out a letter instead of the plastic card. This change in procedure will initially apply where a replacement card is requested. New applications and those approaching age 16, get a card sent automatically, and will continue to receive a plastic card for some time yet.
If you have investment income that is taxed at the higher rate of either 40% or 50% then it may be worthwhile considering making an investment into an Investment Bond. An Investment Bond is a single lump sum payment into a Non-qualifying investment policy normally managed by an insurance company.
Our IT team are delighted to announce some exciting new initiatives now available to you!
The latest version of Sage Accountancy Software 50 is now available. Version 2011 has hit the shelves and has more new features.



