News
(page 5 of 22)

by Tim Davison

16 Mar 2021

The Oxford Dictionary of Proverbs provides evidence that this popular quotation, that you cannot retain your cake for future consumption having already eaten it, dates back prior to 1546, when it was included in a compendium compiled by John Heywood.

by Ed Gibson

16 Mar 2021

There was little in the Budget that affected pensions, despite the perennial rumours that tax relief would be restricted or tax free cash abolished.

by Phil Dickinson

15 Mar 2021

As we emerge from winter into the warmer climes of spring, many buy-to-let landlords have emerged from the hibernation period to find that they are still the icy grip of Section 24 (S24) mortgage interest restriction changes.

by Fran Kidd

4 Mar 2021

The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he set out a three-part plan in order to recover, kick start and rebuild the UK's economy.

by Fran Kidd

3 Mar 2021

Rishi Sunak opened his UK Budget announcement today with the facts that although are not unfamiliar to us, are still a harsh reality. The UK has suffered the largest shrink in the economy in 300 years and the Government has borrowed at levels not seen since wartime.

by Ed Gibson

26 Feb 2021

For many, the most important issue is the amount of money left for retirement, is it enough to have the lifestyle desired.

by Karyn Jones

26 Feb 2021

A CVA is a procedure enabling a company to come to an arrangement with its creditors over the payment of its debts. It can be used to settle debts over a period of time with creditor approval by paying only a proportion of the amount that it owes, or by paying them in full.

by Peter O'Connell

23 Feb 2021

A single business owner can limit the value of the business where the knowledge of suppliers, internal procedures and clients sits solely with them. As a consequence, the value of the business may only be worth the liquidated value of the tangible assets.

by Ed Gibson

23 Feb 2021

This last year has shone not so much a light as a bank of concert quality lighting on a couple of areas which are, if not ignored, then often underplayed, namely illness and death.

by Asim Khan

23 Feb 2021

All UK businesses that are required to be MTD registered for VAT reporting purposes will from 1st April 2021 have to adapt their systems to meet HMRC’s new ‘digital links’ requirement as pure filing of the VAT numbers will no longer possible.

by Charles Breese

22 Feb 2021

A business is only worth what a buyer is willing to pay for it and what a seller is willing to sell it for.

by Peter O'Connell

19 Feb 2021

You should have a group of advisers to seek counsel from outside of the company whether this is a formal arrangement with your accountant or a group of peers who you can share ideas and bring a diversified experience to the table.

by Steve Neal

17 Feb 2021

A statutory audit is required when a UK Limited company or a Limited Liability Partnership (LLP) meets certain criteria. Auditors report to the company’s shareholders (or members) on whether the annual accounts show a ‘true and fair view’ of the company’s financial activity and position.

by Peter Watts

15 Feb 2021

Many owner-managed businesses investigate overseas trade when they can’t increase sales in their home market. Whether you are trading online or through in-country sales teams, there will be different tax legislation requirements

by Fran Kidd

15 Feb 2021

Phil, who joined the firm at the beginning of February, is a tax specialist who has been involved in advising owner managed businesses on the direct tax challenges for over 10 years.

by David Rickwood

12 Feb 2021

Assets in a private company are subject to Inheritance Tax but Business Relief can reduce this

by Asim Khan

10 Feb 2021

The construction industry domestic reverse charge scheme The VAT domestic reverse charge for building and construction services is scheduled to come into effect on 1 March 2021.

by Sarah Gardener

9 Feb 2021

What if the internal functions of the business cannot cope with the levels of growth or you need to scale up or down? You can outsource as many or as few back-office functions as you wish. The benefits of this are not only financial

by Leigh Smith

8 Feb 2021

Research and Development (R&D) tax relief is generally considered to be one of the most attractive tax reliefs available, often resulting in significant cash repayments from HMRC.

by Peter Watts

5 Feb 2021

If the business begins to prosper, suppliers, HMRC and even employees begin to demand greater visibility. HMRC are becoming more demanding when it comes to sharing of company information specifically with the advent of Making Tax Digital (MTD).