14 October 2022: The Growth Plan Update
On 14 October, as an important deadline loomed for Bank of England support of the government bond markets to expire, the government’s political turmoil ratcheted up as the fallou
How would you value your business if you went on Dragons’ Den?
“Valuation is an art, not a science”, or so the saying goes. But as Nick Muir explains, business valuations are a bit of both. In this blog, Nick sets out some common approache
What are the tax benefits of electric company cars?
The government’s Net Zero Strategy includes a commitment to transition to clean energy and green technology. As part of this, it is encouraging a shift to electric vehicles, whic
Can an employer pay a long-serving employee a tax-free retirement bonus?
It is not unusual for businesses to want to pay long-serving employees a cash bonus when they retire. But can this be done tax free, and if not, are any other options available? In
Making Tax Digital for Income Tax delayed until April 2024
Businesses will have an extra year to prepare for the digitisation of Income Tax Self Assessment (ITSA) after the government announced a delay of one year last week. This is due to
The IR35 rules are being extended to the private sector on 6 April 2021 – what you need to know
The extension of the off-payroll working rules (IR35) to the private sector was due to come into force on 6 April 2020 but was delayed due to the Covid-19 pandemic. The new rules n
What steps should you take if the lockdown has spurred you into starting a new business?
One positive of the lockdown is that it may have ignited people’s desire to get away from the daily grind and take control of their lives by opening their own business. In this a
COVID-19
The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-
Beware – not all HMRC-related emails are bogus (although most are)
A taxpayer recently lost his appeal to a tax tribunal to overturn penalties of £1,300 incurred after he ignored emails from HMRC that he thought were spam. In this article, Jill S
An FAQ guide to off-payroll working (IR35) for ‘employers’/clients
From 6 April 2020, the off-payroll working rules (IR35) will be extended to the private sector. In this article, partner Jill Springbett answers some FAQs about the new IR35 rules
