Banking & Finance Team (MHA)

November 2024 Banking & Finance update is here! Dive into our latest newsletter, where we share essential insights and updates shaping the business finance landscape!   In this edition: 📈 Reactions to the Autumn Budget 🏗️ Cash flow solutions for the construction sector 📢 Deal Success: Matt Godfrey assists a charity in securing a better mortgage deal, showcasing the power of expert guidance. Stay ahead of the funding curve with our expert analysis and ensure your business is well-prepared for what’s on the horizon. 👉 Read the full newsletter now!   #BankingFinance #Construction #Budget2024 #AutumnBudget2024 #ESG #GreenFinance #MHABrokerExcellence Tim Wilkinson Greg Taylor Carl Hall Matt Godfrey Monika Clay Martin West

Subcontractors in the Construction Sector: Are you prepared? In this interview, Tim Wilkinson shares crucial insights into the challenges facing subcontractors today. Learn how to stay on top of your finances, monitor warning signs, and explore funding options to keep your projects moving forward. Watch now to discover practical advice on managing cash flow and improving working capital! #ConstructionIndustry #Subcontractors #FinancialSolutions #CashFlow #ConstructionChallenges #MHABrokerExcellence 

Seems like yesterdays #AutumnBudget24 was more of a Halloween Budget with plenty of tricks and hardly any treats... 🎃 Do you think this budget will help with growth and boost the economy? Key points are set out below by our Tax Team. Matt Godfrey Tim Wilkinson Martin West Monika Clay Carl Hall Greg Taylor #UKBudget24 #BudgetMatters #BusinessFinance

Did you catch the Autumn Budget earlier today?

Capital Gains Tax… Increased!⬆️ This was one of the key announcements business owners and management teams were waiting for… As predicted Rachel Reeves increases CGT rate, she will increase the Capital Gains Tax from 10 per cent to 18 per cent for the lower rate, and 20 per cent to 24 per cent for the higher rate, but no increase for Property Capital Gains. The good news, and I use that phase advisedly, is that it doesn’t take effect until April 2025. #Budget24

It's Autumn Budget Day!🎒🍂 Chancellor of the Exchequer Rachel Reeves will present Labour’s first Budget, alongside a detailed fiscal statement from the Office for Budget Responsibility. Stay informed with our Budget Hub – your one-stop source for everything Budget-related. Matt Godfrey Carl Hall Martin West Monika Clay Greg Taylor Tim Wilkinson https://lnkd.in/ehSftzNi #AutumnBudget2024 #UKBudget2024 #BudgetMatters

📢 Deal Success for Matt Godfrey: Helping a charity secure a better mortgage deal 💼💙 👉 Background: An existing client was nearing the renewal of their mortgage and was uncertain if more cost-effective options were available in the market. They had been banking with a well-known high street provider, which had limited interest in charity funding. The client was introduced to our local Banking & Finance Director, Matt Godfrey, who conducted an initial review of their facilities to assess their funding needs. It was determined that a pound-for-pound remortgage was the best solution, and a clear plan was put in place to guide the client forward. 👉 Solution: Using our knowledge of the sector, and the relationships that have been established with the funding providers, we were able to quickly identify a number of funders that had appetite to assist the charity. CAF Bank became the clear preferred partner due to their early interest in the charity and their specialisation in providing funding solutions for the not-for-profit sector. They quickly reviewed the financial proposal we submitted and offered a more cost-effective solution than the renewal terms from the client's current commercial mortgage provider. 👉 Outcome: Thanks to Matt's hard work, the charity secured a more favourable remortgage and a dedicated financial partner to support their future growth. #DealSuccess #CharityFinance #CommercialMortgage #FundingSolutions #MHABrokerExcellence

🚨 Upcoming Tax Deadlines! With key deadlines approaching, is your business ready? 📆 Corporation Tax due Nov 1st 📆 VAT due Nov 7th Struggling to cover tax bills? You're not alone—over 550,000 businesses do! MHA’s Tax Funding Service lets you spread the cost into manageable monthly payments, boosting your cashflow and freeing up working capital. Key Benefits: ✅ Monthly instalments for Corporation Tax, Self-Assessment & VAT ✅ No deposit, no application fees ✅ Quick, easy process handled by our specialists 📩 finsolutions@mha.co.uk #TaxFunding #CashflowBoost #CorporationTax #TaxDeadlines

📢 Stay Ahead in Banking & Finance! Don't miss out on the latest insights and updates. Subscribe to our newsletter today and be the first to know about industry trends, news, and expert analyses. Click the link below to sign up and stay informed! Subscribe on LinkedIn https://lnkd.in/eHhm5fyV #Banking #Finance #NewsletterSignUp #StayInformed #StayAhead #MHABrokerExcellence 

Testimonial Spotlight 🌟 Have you seen our recent success story? Nigel Jones, CEO of DCUK FM, shares his remarkable journey with MHA's Banking & Finance team: "I was recommended to the team during a pivotal time for my company. Their expertise guided us through financial hurdles, including securing vital loans during the challenging times of COVID. Their tenacity and knowledge were instrumental in our success, helping us double our turnover to £32 million. I highly recommend them to anyone seeking financial guidance!" Thank you, Nigel, for your trust and kind words! We’re honoured to be a part of your journey. #Testimonial #ClientSuccess #FinancialGuidance #MHABankingFinance #BusinessGrowth #MHABrokerExcellence