Last week the Government issued a consultation regarding the timing of tax payments and collection by HMRC. Please click here to view the document. It is worth noting in the consultation document that Para 4.59 specifically asks for responses on…
Now that the 2020/21 tax year has come to an end, there are a variety of tax filing obligations on employers. One of these obligations is that if employees (including directors) have any transactions involving shares or similar securities in…
This article was originally published in the Western Morning News on Wednesday 24 March 2021. I have been asked by many clients and fellow professionals, what came out of the recent budget? The rise in corporation tax and freezing of…
The Heart of the South West LEP Board has approved in principle a £1 million Natural Capital Demonstration (NCD) Fund to invest in natural capital demonstrator projects across the Heart of the South West to test their ability to deliver…
With the deadline for applications to the Government backed Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS) and Coronavirus Large Business Interruption Loan Scheme (CLBIS) now less than a week away, we thought it fitting to share…
Less than three weeks after the Budget came ‘tax day’ – a delayed release of Treasury and HMRC policy and consultation documents that would usually have been released alongside the other Budget papers. Along with many things over the last…
Judgement The Supreme Court have dismissed the appeal in Royal Mencap Society v Tomlinson Blake. Background The case is fundamentally about what counts as working time for national minimum wage (NMW) purposes. Particularly, the case centres on ‘sleep-in’ shifts and…
It’s Monday morning and all is well and then the post arrives. There it is, that innocent letter from HMRC, warning of an impending Construction Industry Scheme (CIS) compliance review for a contractor client. Many readers will deal with those…
Residential SDLT is set to become more complex from 1 April 2021 with the planned introduction of the new 2% surcharge for non-UK resident purchasers of residential property in England and Northern Ireland. The 2% surcharge will apply to most…
Overview At the Budget on 3 March 2021 additional capital allowances were announced by way of a new super-deduction (130%) and 50% first year allowances to encourage capital spend by companies over the next two years. Who can claim the…
