Latest News & Events
1,452 UK restaurant business and 526 UK pub business insolvencies last year
1,452 UK restaurant businesses and 526 UK pub businesses went insolvent in 2019, highlighting the weak state of the leisure industry as it entered the Coronavirus-related disruption.
Coronavirus: HMRC’s Business Payment Support Service overwhelmed by queries from businesses
HMRC’s Business Payment Support Service (BPSS) has been overwhelmed by enquiries from businesses and self-employed individuals impacted by the Coronavirus outbreak with some callers put on hold for as long as 48 minutes.
Coronavirus: British expats and non-residents stuck in the UK may be hit by major unexpected tax bills
British expats and non-residents stuck in the UK due to Coronavirus lockdowns worldwide may be hit by major unexpected and heavy tax bills.
Coronavirus Job Retention Scheme: furlough for company directors?
One category of employee that has specifically not been mentioned in the Government’s announcements is the company director/shareholder who is paid a salary and dividends and various bodies are pushing for more clarification on these individuals.
Financial clouds and silver linings
When undertaking inheritance tax planning thoughts will often turn to the gifting of assets to younger generations. When making gifts of (most non-cash) assets there are usually two principal tax considerations.
Protecting your business during the COVID-19 outbreak
In our useful business advisory guide, we have provided practical tips and advice along with an overview of some of the areas you should be considering to help protect your business.