Where employees were provided with taxable benefits and expenses in 2018/19, these must be notified to HM Revenue & Customs (HMRC). The reporting requirements depend on whether the benefits were payrolled or not, taxable benefits that were not payrolled in 2018/19 must be reported to HMRC on form P11D. Payrolled benefits should not be included […]
Magma Corporate Finance are extremely pleased to have advised Jonathan Colton, the owner of Ecopac on the sale of the business to listed packaging group Macfarlane. Ecopac is a successful protective packaging distribution business which employs 21 staff at its base in Aylesbury, Buckinghamshire. Macfarlane CEO Peter Atkinson commented “Ecopac is a well-run, profitable packaging […]
Magma Corporate Finance has advised Copley Scientific, the world leader in inhaler testing equipment, on its acquisition of Novi Systems a company with market-leading expertise in the automation of inhaler testing. The acquisition means the Copley product range is extended and a broader platform for the development of new inhaler testing solutions is secured. Mark […]
Where an employee or Director has received shares or share options in their employing company in the tax year to 5 April 2019 these will, in most cases, require reporting to HM Revenue & Customs by 6 July on a separate tax return. In addition to the acquisition of shares, the company must consider its […]
