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Looking very likely that personal allowances for capital gains tax purposes will be left as they are. The government seem to be going for a staggered increase in business taxes with corporation tax to 23%, potential rises in VAT and wealth taxes on those firmly in the additional rate tax band. For those of us with small investments (I only hold 1.2 million), I can’t see the budget affecting us much. I certainly won’t be unloading any SYME despite my view this suspension could have been handled better. The fundamentals of the company remain unchanged - and AZ may have good news soon for all us LTHs.
I listened to the previous update but can’t remember now how you access the live update. I’ve already registered to listen. Is there a link on the website tomorrow or does it get emailed? Thanks to anyone who can help.
Slight difference is the half yearly reports for “media” did not need to be filed. The September accounts are the next stat accounts and don’t need to be filed till June. Different scenario but hopefully the same outcome of restoration the day following the “release” of accounts or in our case the appearance of accounts with CH.
Trowtech - capital gains are calculated as a whole over a particular tax years for most investments (subject to other allowances for certain disposals EG business asset disposals relief). Losses from other investments can be offset against the gains from others and you can utilise any brought forward capital losses from previous tax years against gains in subsequent years.
I see, like me, many have taken to trust pilot explaining to the simpletons the facts of the situation. The more that explain that loans don’t get wiped, and compensation is then questionable, the better. Better to get something than nothing. Annoys the hell out of me that people are complaining about the loans they took out and signed for.
Supply@ME Capital plc
(The "Company" or "SYME")
Update on Restoration of Listing and re-commencement of Trading
Following the publication of Audited Accounts for the period ended 31 December 2019 and Interim Results for the six months ended 30 June 2020 last Thursday 28 January and Friday, 29 January 2021 respectively, SYME has successfully addressed the technical DTR breach regarding the timing of financial statements.
Immediately following publication, SYME made a formal request to the FCA for the lifting of the temporary suspension of its Listing and the resumption of dealings in the Company's Ordinary shares. The FCA is currently performing the regulatory steps required for the restoration of the Listing and re-commencement of dealings. The process has taken longer and is more complex than normal due to the change in accounting reference date, RTO transaction occurring during the period, and multiple financial statements that have been issued.
The Company also confirms that no FCA investigation is underway.
SYME expects to make a further announcement regarding the lifting of the temporary suspension and resumption of dealings in the Company's shares as soon as possible.
Contacts
Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com
Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com
Brian Norris, Cicero/AMO, +44 (0)20 7947 5317
Mack roll you can still file paper accounts if you wish. Some directors like to have their actual signature on accounts and not a digital stamp. Audited full accounts MUST still be filed manually through the post (so not through iXBRL tagging online).
Ramps s**t like this isn’t helpful on a forum of people who might not have done their own interest. EUA double bagged on release of suspension because there was leak of an impending company sale. SYME has suspended because it was not compliant with the filing of its statutory account. It’s irresponsible to even try and link the two.
I’m in here deep and have every faith but don’t post c**p.
Take the March 19 accounts filed on companies house. You’ll se a date stamp on them of 10th December and following the companies house checks they were uploaded on 13th December. As long as there are no issues the important date is the date stamp.
Don’t worry - that’s the main office in Cardiff. They will courier them when ever they are ready and will be filed on time. Poor accounting decision with the change of dates but once these unfortunate events are brushed aside it’s onwards and upwards.
https://www.gov.uk/government/publications/delivery-of-documents-by-post
Now this infers it is up to the directors to ensure that accounts are received on time with companies house. I have argued against and successfully had penalties removed for late filing due to covid however the accounts were still classed as “late”.
The way the post is at the moment they’d need to send them at least five days ahead of the deadline.
They do accept the post on a Saturday though.
Ns20 no condescension implied in my message btw. Yea all other accounts can be filed through iXBRL. makes my job a hell of a lot easier. Working on accounts now that have to be filed by 31st and they aren’t even replying to my queries. When you’ve had all year????
Full audited accounts cannot be filed electronically. It’s in the post to companies house then any potential covid delay in uploading them. Long as they are received and stamped on time then they’re not late. Regardless of the date they appear online.