Wednesday, 27 March 2019
The future for UK agriculture has been set out in the Agriculture Bill, which should pass into law later this spring. Michael Gove has referred to it as “The Fourth Agricultural Revolution” and has set out a timescale, at the end of which the UK will be farming without subsidies.
Monday, 25 March 2019
In part 1 of the blog, we examined three ways a solicitors firm can plan to reduce its tax liability. In this blog, and with the tax year end looming, we examine three tax-mitigating opportunities available for individual solicitors.
Wednesday, 20 March 2019
The Government has passed legislation to extend the non-resident capital gains tax and non-resident corporate tax on gains net to all UK land and property, from 6 April 2019.
Tuesday, 19 March 2019
Welcome to month three of our publication, ‘Using Conflict as a Catalyst for Change’, a guide to help you embrace, manage and mitigate conflict within your charity. This month we focus on conflict in a charity between the needs of today with the demands of tomorrow.
Tuesday, 19 March 2019
For many solicitors firms, the end of the business year is fast drawing to a close. If results are looking better than previous years, you may be starting to think about the tax implications of a better year. We would urge solicitors firms to make plans now to mitigate these liabilities, and in this blog we discuss three key points that solicitors firms should consider before the year end.
Monday, 18 March 2019
If there are obvious potential buyers for your business for sale then by all means approach them. However, quite understandably, many selling a business are uncomfortable contacting buyers themselves and revealing their intentions to sell their business.
Friday, 01 March 2019
Charities with total turnover above £200,000 can undertake non-primary purpose trading of income up to £50,000 and benefit from tax exemption (trading towards their primary charitable purpose can be at any level).
Tuesday, 26 February 2019
Charity fundraisers need be aware of two changes to tax relief thresholds that apply from 6 April 2019. Charities often encourage donations by giving a small reward to their donors. Where this is more than token value, this needs to be measured and assessed against value thresholds to make sure that gift aid can still be claimed.
Monday, 25 February 2019
Charity trustees tend to delegate management and the day-to-day running of the charity to its employees and management team. However, ultimately the responsibility lies with trustees, therefore they must make sure that the charity has systems and controls which are designed to mitigate the risk of fraud.
Thursday, 21 February 2019
Indeed, when marketing a business for sale, we will put our name in the NDA rather than our client’s name, and will not reveal the client’s name to the buyer until after the buyer has signed it.
Thursday, 31 January 2019
Welcome to 2019 and our new publication, ‘Using conflict as a catalyst for change: a guide for embracing, managing and mitigating conflict within your charity’. We think it’s an excellent document, and I hope you find it a useful tool to benchmark current practice and identify actions.
Monday, 28 January 2019
HMRC are currently investigating 171* professional football players, up 90% from just 90 football players under tax investigation in September 2017, as they look to crack down on the misuse of image rights payments, and increase revenues from the industry.
Monday, 28 January 2019
Welcome to part one of our five part blog covering the most frequently asked questions around insolvency and liquidation. For further advice about any of the topics covered in our insolvency blogs or regarding a specific scenario, please contact our insolvency & recovery specialists.
Friday, 25 January 2019
Just because they are working for you doesn’t mean they’ve revealed their true financial circumstances. Perhaps they have inherited money, have significant equity in their homes, or have simply saved and invested wisely over the years.
Wednesday, 16 January 2019
HMRC have increased their investigations into inheritance tax (IHT) as they look to squeeze more from compliance activities in this area. 5,400* families were investigated by HMRC over their inheritance tax returns last year, up 5% from 5,100 in 2016/17.
Wednesday, 09 January 2019
If your company is involved in research and development (R&D), the Government’s R&D tax credit incentive could provide a valuable source of tax relief. What exactly is R&D, why is the tax relief so beneficial and what costs qualify for this under-utilised tax relief?
Friday, 04 January 2019
On 1 January 2019, the Annual Investment Allowance (AIA), which is available for businesses to claim on their expenditure on plant and machinery, will temporarily increase from £200,000 to £1,000,000 for two calendar years. We discuss how this change impacts businesses.
Thursday, 20 December 2018
Most people don’t like to think about their own mortality, but planning for the future is important to make sure your property, money and possessions are distributed the way you intend. Writing a legally valid will is an essential part of this, and can provide peace of mind for you and your loved ones.
Wednesday, 19 December 2018
Unfortunately, only a minority of healthcare practices have experienced a smooth and problem-free couple of years when it comes to the outsourced function of Primary Care Support England (PCSE). PCSE operates the collection of superannuation and initial processing of certificates (which has been outsourced to Capita).
Tuesday, 18 December 2018
It’s safe to say that most business owners would like more time for themselves and more money from their business. It’s becoming apparent that most businesses can achieve this through the use of digital solutions software and the automation it provides.
Thursday, 13 December 2018
All trustees have a legal duty to act only in the best interests of the charity. Trustees’ personal and professional connections can bring benefits to the work of a charity, often forming part of the reason why an individual was asked to join the trustee body.
Wednesday, 12 December 2018
This was Philip Hammond’s third Budget as Chancellor and the second autumn one. Unusually, it was presented on a Monday, apparently wishing to avoid any Halloween references had he held it later in the week. He also slipped in a few jokes, as has become his tradition.
Tuesday, 11 December 2018
Among the more minor changes introduced in Autumn Budget 2018 were some proposed alterations to the capital gains tax (CGT) regime, which were labelled as “Private residence relief: reform of ancillary reliefs.” These have been seen primarily as a further attack on the private residential lettings market.
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