PR Prose

22/07/2024

Fanatstic piece by Nicola Woolcock in The Times and The Sunday Times today with exclusive expert anaylsis from David Gage, head of VAT at Old Mill on the many potential repercussions of adding VAT to school fees, including, privateschools being able to recover VAT from the past 10 years. Gage said: “If private schools have incurred any historical VATable expenditure on any large property projects, including refurbishments or computer hardware, once the rules come into effect they should be able to recover a proportion of the VAT incurred under the capital goods scheme, which could mean recovering VAT from as far back as ten years.” He also warned that when the VAT exemption is removed some independent schools could become large corporate enterprises with shareholders and with the ability to distribute profits to those shareholders as opposed to reinvesting them back into the school.
added: “With the removal of the exemption, profits could in theory go to anyone or anywhere."

Expert says that schools could reclaim up to ten years’ worth of VAT on big capital projects, such as new buildings or IT upgrades

17/07/2023

We are tremendously proud to announce we have been nominated in three prestigious categories at the Accounting Excellence Awards 2023.

Organised by industry experts, the Accounting Excellence Awards aims to honour outstanding accomplishments and commend best practices within the accounting profession.

Old Mill’s nominations reinforce our status as a leading player in the industry, providing exceptional services across the board.

These nominations reflect the hard work and dedication of our exceptional team, who consistently go the extra mile to provide outstanding client service and maintain the highest standards of professionalism.

https://om.uk/insight/old-mills-opportunity-to-shine-as-a-triple-category-nominee/

09/11/2022

When the base rate increased to 14-year high of 3%, most of the reaction was around the impact it will have on , but warns Stuart Coombe, chartered financial planner at Old Mill its impact on savings should also be considered, as many savers could be walking into a

Interest rate increases may mean savers are reckoning with a tax bill for perhaps the first time.

17/07/2022

carwow urges the new PM to stop alienating drivers by introducing an immediate holiday https://www.express.co.uk/life-style/cars/1640626/car-tax-changes-fuel-duty-new-prime-minister-alienating-drivers-petrol-diesel-prices Express Newspapers

IMMEDIATE tax cuts are needed to help drivers survive the cost of living crisis, with one expert calling on the new Prime Minister to intervene.

08/07/2022

What have been your ? https://www.walesonline.co.uk/whats-on/whats-on-news/better-hygiene-cutting-costs-less-24404404 LifeSearch research found some of the top things Brits think are better post-Covid are better hygiene and no rush hour

People also appreciate the slower pace of life

08/07/2022

Pretty chuffed with this one today - page 2 of the i paper!

24/06/2022

Exciting times for Old Mill

Advice and accountancy firm buys Brook Financial to expand offering into consultancy and cashflow for businesses.

24/06/2022

Great piece by Tom Haynes on how are looking to pool their money with friends rather than partners to buy their first homes as soaring house prices leave it impossible for them to buy on their own. Speaking exclusively to The Telegraph , Carolyn Matravers financial adviser at Old Mill said the rise in young people looking for alternatives is unsurprising, particularly in London where house prices are notoriously high but warned about the risks of buying with friends "A client's children bought together in London and it worked very well for them, but buying jointly with family is one thing, buying with friends is quite another. You may think you know someone well, but when money is involved, it can change relationships."
https://lnkd.in/d2kvmArr

Buying with friends can bring house prices within reach – but there's always a catch

20/05/2021

LifeSearch report reveals the of the nation is at its lowest level in a decade but that wealth is bouncing back https://www.express.co.uk/finance/personalfinance/1433298/savings-warning-money-interest-rates-inflation-finances-UK-2021 Express Newspapers

SAVING habits are an important part of monitoring one's finances, but as the impacts of the pandemic are being felt, Britons are being warned to be cautiously optimistic for the future.

07/02/2021

More than 150 pieces of coverage and more than 100 links for SunLife's all in one of the most difficult media climates I have worked in during the 15+ years I have been in PR....gotta say, I am pretty chuffed.