20Jul
Was the stamp duty holiday worthwhile?
140,000 “extra” transactions have been generated in the UK from the stamp duty holiday, but who really benefits? According to a report from the London School of Economics (LSE), homeowners […]
Blog
19Jul
Succession planning: no time like the present
With recent reviews into Capital Gains Tax and Inheritance Tax now complete, could this be the time for family businesses to review their approach to succession planning? If managed correctly, […]
09Jul
OTS recommends using data from third parties to simplify tax
The Office of Tax Simplification (OTS) has explored how tax reporting could be made easier for taxpayers if third parties were required to provide information to HMRC. The annual stress […]
06Jul
Extra cash reserves in the bank? What to consider…
If your business is in the enviable position of having strong cash reserves in the bank, it is important to consider the commercial and tax implications of this extra cash. […]
05Jul
1.8 million properties pushed into higher land tax bracket
Due to frenzied market activity in the last 12 months, driven partly by the stamp duty holiday, nearly two million UK houses are now in the higher stamp duty bracket […]
02Jul
Succession planning – the benefits of an EOT
Employee Ownership Trusts (EOTs) offers an attractive form of succession strategy that could suit your business needs more than a management buyout or traditional trade sale. What is an EOT? […]
01Jul
HMRC cracking down on furlough fraud
HMRC is looking into nearly 13,000 potential cases of abuse of the government’s various Covid support schemes. By the end of March, it has been reported the treasury was investigating […]
25Jun
When should you split your property from your business?
There are several potential reasons to separate commercial premises’ ownership from the business; including safeguarding assets, future succession ambitions, or even to enhance cashflow. Whatever the reason, tax will always […]
23Jun
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. What is […]
22Jun
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 to remain […]
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