In the current economic climate, many tenants are seeking to review the basis on which they occupy rented property. This is true across a wide range of sectors. Tenants are holding discussions with their landlords, and those discussions might consider…
On a recent call to the HMRC Covid-19 Helpline, it transpired that internal HMRC Debt Management and Banking guidance was updated with effect from 1st July. In essence the new guidance states that requests for deferrals of tax debt should…
With a client and connector portfolio showcasing a good representation of local tourism businesses, I was very interested to read details of the Kick-starting Tourism Package announced on 3 July. Kick-starting Tourism - the government scheme So what do we…
If you are a business that: Is a small or medium sized enterprises (SME) - using the European Commission's SME definition which takes into account staff numbers, turnover and relationships with other enterprises Has a presence in the West of…
A client comes to you with news that they have omitted to return income for some past tax years saying…“Help me, you’re my only hope!” What do you do? Do you tot up all the income for those years, calculate…
Following on from our recent blog highlighting the key changes to the coronavirus job retention scheme, this article is intended to provide some further detail and insight in to the changes announced. If you would like more information, please view…
HMRC updated guidance on PAYE Time To Pay arrangements and an update on HMRC actions following excessive Job Retention Scheme claims The furlough support is proving incredibly costly to UK.GOV and the latest eye-watering stats read as follows: Total claims…
Ahead of the changes to the CJRS coming into effect on 1 July, our experts give an overview of the important developments and the steps businesses need to take before making a claim.
When assessing a liability to stamp duty land tax (SDLT) one of the most important questions to answer is whether the transaction involves residential or non-residential property, or a mixture of both. The rates of SDLT differ between residential and…
Following on from our first Finance Directors' Update Webinar our panel of experts look at practical support for your business and what lies ahead for the economy and taxes. Chair - Duncan Leslie Employee Taxes - Steve Ashworth VAT -…