Spending review 2020
John Endacott – Head of Tax From a tax point of view there was not much to take from the spending review announcements. Clearly, the sheer scale of the deficit for 2020/21 tells its own story and is clearly not…
Markets soar with vaccine hope
Macroeconomics Global stock markets have soared following on from the bout of announcements from Pfizer and Moderna on the developments of a vaccine with a 94.5% efficacy rate. AstraZeneca have also announced positive developments in their much cheaper, more accessible…
Stewardship – with great power comes great responsibility
Traditionally investors in a business may not have been able to influence how a given firm was managed, nor had there been any reason to think this might be necessary. However, over recent years the idea of corporate responsibility has…
ENTERPRISE INVESTMENT SCHEME (EIS) AND SEED ENTERPRISE INVESTMENT SCHEME – SOME TOP TIPS
Following on from my recent blog where I reviewed the basics of EIS and SEIS, below I share some top tips – and make one request of HM Treasury! Top tips Top tip 1 – You can combine EIS and…
Research and development (R&D) tax credits – a topic for our time
At PKF Francis Clark we have worked on a significant number of R&D tax credit claims with our clients over the course of the year. As we move into 2021, I see that number increasing as businesses look to innovate…
Finance Directors’ Bitesize Briefings – Session 1: going concern and business protection
In the first of our four Finance Directors' Bitesize Briefings we looked at the issues of going concern, changes to the audit report, the latest cyber crime issues and working from home and how businesses can mitigate the increased cyber…
National Renewal Fund – what is it, or rather what might it be and some other ideas to properly capitalise SMEs
I was intrigued by references to “first investments of the £15bn National Renewal Fund expected to be made in the first quarter of 2021” in my business news feed over the weekend. To be honest I did not realise the…
Annual Investment Allowance: 100% tax relief – deadline extended
Although we have not had an Autumn Statement this year, one welcome change was announced on 12 November in relation to tax relief on expenditure qualifying for capital allowances. Originally the temporary limit of 100% tax relief on the first…
Why selling your business now isn’t as crazy as it sounds!
View our webinar to hear from a panel of experts discussing several key reasons to consider why selling your business in the near future might (perhaps unexpectedly) be advantageous. The enormous pressures that Covid 19 has placed on businesses has…
Grant schemes to support businesses in November 2020 national lockdown – what we know
Blog updated for guidance published on 3 November. We now have more clarity on the grant support for businesses referred to by HM Treasury and the Chancellor at the weekend. It would appear the grant support is to be delivered…