Independent schools are now subject to pay 20% VAT on education and boarding services but did you know there may be opportunities to reclaim VAT? 🧑‍🏫 Our latest article explores ways that schools can maximise VAT recovery. Read it here: bit.ly/4h0rL6p

New year, new promotions!🎉 After a year of significant growth for the firm, we are thrilled to announce 20 promotions firmwide across 6 of our service lines. Read more about our promoted team members here: bit.ly/40g9xIG

Our Business Recovery and Restructuring experts have been instructed by Leicestershire caravan retailer Ryedale Caravan & Leisure Limited to review the company's financial position and market the business for sale. Find out more: bit.ly/3DN12Mx

A Nottingham-based home furnishings company Home Curtains UK Limited is set to enter administration, with Dean Nelson (Head of Business Recovery and Restructuring at PKF Smith Cooper) to be appointed as administrator. Read more: bit.ly/4fTsQfg

Belper Leisure Centre made headlines when our recovery team, led by Dean Nelson and Emily Oliver, saved it from closure. 🙌 Operations Manager Rachael Vickers said it felt like "a weight had been lifted," knowing a team was fighting for them. Read more: ow.ly/nQ3y50UEhbQ

Super deduction and SR allowance ended 31st March 2023, but you can still claim for historic expenses! 💼 Full expensing has replaced the super deduction and the SR allowance remains. Don’t miss your chance to boost cash flow. 💷 Find out more here: ow.ly/PrlA50UIww0

Two leading Midlands law firms join forces as @else_solicitors is acquired by @nelsons_law 🤝 Our transactions services team provided Else Solicitors with deal advisory and vendor assist services. Read about the transaction here: bit.ly/4hGp8qF

Last week, some of our Birmingham team attended the West Midlands Business Hero Awards, where PKF Smith Cooper was named 'Accountancy Employer of the Year'. 🏆 Thank you to everyone who voted for us, it's always an honour to be recognised publicly as a great place to work!

Dean Nelson, Partner and Head of Business Recovery and Restructuring (BRR), will lead our BRR team in Nottingham from March onwards. This new era for the division will ensure a more aligned presence in the East Midlands. Read about the changes here: bit.ly/3CYbWia

The Furnished Holiday Lettings regime is being abolished in April but you still have time to claim valuable tax relief on your properties! 🏠🏖️ In our latest case study, our capital allowances director Sam explains how the relief works. Read it here: bit.ly/3EUUZ93

Today we say goodbye to our Business Recovery and Restructuring Partner, Michael Roome, who leaves us after dedicating almost 15 years of his career to PKF Smith Cooper. We would like to thank Michael for his commitment to PKF SC and wish him all the best in his new venture.

Since the aftermath of the Covid-19 pandemic, the caravan and leisure sector has faced a period of decline. However, 2025 has a more positive outlook, with new trends and consumer habits entering the market. 🛣 Read our latest article to find out more: ow.ly/oBja50V8egU

Payroll changes coming in April 2025! 🗓️ The National Minimum Wage and National Living Wage are rising, while National Insurance Contributions will jump from 13.8% to 15%. This could mean significant cost increases for some businesses. Read more here: ow.ly/V4QE50V9hiq

HMRC has released the advisory fuel rates for March 2025. ⛽️ These rates apply when reimbursing employees for business travel in company cars or when repaying the cost of fuel used for private travel. Find out the new rates here: ow.ly/FCHo50VbYEV

As we approach the end of the tax year on 5th April 2025, you need to ensure your personal and business finances are arranged in the best way possible. Please contact our tax services team before 5th April to discuss your options. Read online here: ow.ly/B70850VfFBL

HMRC customs audits are on the rise. Is your business prepared? Being caught off-guard could result in financial penalties, operational delays and increased scrutiny from HMRC. Read our latest blog for advice on how to prepare for a customs audit: bit.ly/4kInB5Q

Are you up to date with the latest tax rates and allowances? Our 2025/26 tax rate card includes key rates and allowances relevant to both you and your business, as well as useful supplementary explanations. Download your copy here: bit.ly/3R4XIQh

Spring Statement Breakfast Seminars recap 🌻 Last week, our Employment Tax team hosted insightful Spring Statement Breakfast Seminars at our Birmingham and Derby offices. A big thank you to everyone who attended and contributed to the Q&A. #EmploymentTax #SpringStatement

The average value of an R&D tax relief claim has increased by 33%, according to recent statistics from HMRC. 📈 Felix Key (R&D director) summarises the statistics and considers the impact of recent reforms on how business owners engage with the scheme. pkfsmithcooper.com/news-insights/…