More recent posts
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The dreaded COP9 letter
The furlough scheme has been an invaluable crutch for businesses across the UK, but a substantial number of hurried claims may lead to an eruption of COP9 notifications.…
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The tax impact of a divorce
The legalities surrounding divorce will soon be subject to modernisation, with an era of ‘no-fault divorce’ set to begin in Spring 2022. The related tax issues are likely…
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Planning a management buy-out
A management buy-out (MBO) offers a strategic exit option that may suit the requirements of the business owner, management team and the business itself. What is an MBO?…
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Is IHT en route for major reform?
With a sense that inheritance tax (IHT) reform is overdue, combined with a need to raise funds to alleviate the costs of the pandemic, plans for significant changes…
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Applications for fifth SEISS grant opens late July
The fifth Self-Employment Income Support Scheme (SEISS) grant covering the period May 2021 to September 2021 will open to claims from late July. To qualify for the grant…
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Furlough… the end is in sight
The Coronavirus Job Retention Scheme (CJRS), commonly known as furlough, is approaching its final stages. What considerations do businesses need to be aware of? From 1 July 2021…
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Could the end of the tax year be moved?
The Office of Tax Simplification (OTS) is considering moving the end of the tax year from 5 April to either 31 March or the end of the calendar…
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M&A activity continues to surge
Record levels of mergers and acquisitions (M&A) activity looks set to continue for the rest of the year and into 2022. For the third straight month in May,…
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Watchdogs criticise HMRC performance
Both the Institute for Chartered Accountants (ICAEW) and the Association for Chartered Certified Accountants (ACCA) believe HMRC need to address “poor service levels”. The news comes from a…