More recent posts
-
Lights, camera, action! Magma advises Film Logistics on management buyout
Magma Corporate Finance have acted as lead advisor on the management buyout (MBO) of Film Logistics Limited, a leading specialist in the provision of transport support to the…
-
Considerations after exiting your business
The transaction has been finalised and the business has been sold. With a large amount of cash now in your possession, what are your next steps? There are…
-
Rental income under spotlight from HMRC
HMRC appear to be intensifying their efforts to clamp down on current or historic undeclared rental income, highlighting the need for individuals to bring their affairs up to…
-
Autumn Budget 2021: At a glance
Chancellor Rishi Sunak has delivered the Autumn Budget 2021. In this summary we provide some details of the tax changes announced that will be of interest to owner-managed…
-
Success and succession… a difficult balancing act
With careful planning, family wealth created by one generation can be protected and grown for future generations to thrive. Where is your wealth held? An important aspect of…
-
HMRC shift furlough focus
The Government’s Coronavirus Job Retention Scheme (CJRS) scheme ended at the end of September. HMRC’s attention will now turn to reviewing the accuracy of the claims made. It…
-
What can we expect from the Autumn Budget?
Despite speculation earlier in the year that it may not take place, the Chancellor is set to deliver his Autumn Budget on 27 October. What can we expect?…
-
Is a wealth tax the answer?
A one-off ‘wealth tax’ has been discussed as a potential method to raise significant revenue in the UK, but would it be practical? A Wealth Tax Commission (WTC)…
-
HMRC recover £4bn in lost taxes
Investigation and compliance work from HMRC saved £4bn in taxes from being lost in the last quarter, nearly double the £2.2bn for the same period last year. HMRC’s…