Damien Hinds MP, who was appointed Exchequer Secretary to the Treasury after the election, presented the new government’s plans for charity tax to the Charity Tax Group conference on 22 June. These included a number of areas of review for the gift aid system, which were expanded on by HMRC and Treasury officials.Read More
Unfortunately, it would appear that solicitors’ firms and their clients are increasingly becoming the targets of fraud and the types of fraud being perpetrated are becoming more sophisticated.
The SRA (Solicitors Regulation Authority) has issued guidance on this and reiterates that Principle 10 of the SRA Principles 2011 requires you to protect client money and assets.Read More
It has been an exciting time at Larking Gowen over recent months and as we reach the mid-point of 2015 it gives me great pleasure to provide the first of our new Corporate Finance Updates.
In terms of our deal experience, the last 12 months built considerably on the growing activity levels seen in previous years, and this positivity seems set to continue for some time to come.Read More
Back in March we heard the first Budget speech of the year, and with the General Election looming, I was pretty confident it would not be the only Budget of 2015. As predicted, a second Budget will be heard on 8 July!
So what can we expect in terms of tax changes? If the pre-election pledges are anything to go by then we could see:
Increases to the personal allowance and higher-rate income tax threshold – although I would imagine these will be gradual, spread over several tax years.Read More
Once again, my blog contains some recent guidance and news which has been announced by the Solicitors Regulation Authority (SRA) and The Law Society.
Is it time to get paperless?
Recently the SRA has raised the issue of storage of old files and has put together some observations of what firms should be considering.Read More
Earlier this week I chaired a round-table of the ICAEW Energy & Natural Resources Group. We had deliberately scheduled a discussion on UK government outlook and policy for the renewables sector, four weeks on from the general election. When planning, we didn’t know we’d have a new Energy Secretary in the form of Amber Rudd.Read More
Over the weekend it was reported that HMRC are prepared to waive the £100 penalty for filing a tax return late where an appropriate appeal is made.
It is reported that this could affect up to nearly 900,000 people who have still yet to file their 2013/14 tax return, which was due for submission by 31 January 2015.Read More