OUR LATEST INSIGHTS

Blog7th Sep 2020

IR35 Off-Payroll Working Reform – Full Steam Ahead…again!

With April 2021 creeping up on us, businesses in the private sector must ensure they are ready to face the delayed IR35 off-payroll working reform head on to ensure compliance with the legislation. This will mean taking the time now…

Blog27th Aug 2020

Potential Changes to Qualifying Costs for Research and Development Tax Relief

Following on from the Spring Budget 2020, the Government has announced that they are now consulting on the eligible expenditure that can be included in Research and Development (“R&D”) tax credit claims. The last formal consultation on the qualifying cost…

By Derek Gemmell

Blog25th Aug 2020

Technology – Not just for international clients

As lockdown starts to ease allowing national and international travel to slowly increase, and employers start finalising their plans to open office doors again, there are lots of unknowns around what the ‘norm’ will be for businesses going forward. Will…

Blog24th Aug 2020

Moving Overseas to Save Tax? This could be more taxing than you think…

After weeks of lockdown, and searching for some much needed escape from COVID news, I came across BBC 2’s latest documentary “Inside Monaco: Playground of the Rich”. It allowed for a fascinating insight into this country which has extraordinary wealth,…

Blog20th Aug 2020

Personal Service Companies – Is it time for action?

Chancellor of the Exchequer, Rishi Sunak, has recently implied that Capital Gains Tax (“CGT”) rates will come under increased scrutiny, as the Government attempts to fill the budget deficit caused by the ongoing COVID-19 pandemic. With the Autumn Budget soon…

By Stuart Petrie

Blog19th Aug 2020

HMRC Nudge Letters for Overseas Income – another batch issued in July 2020

HMRC’s very own “tax gift that just keeps giving”…

Blog19th Aug 2020

Capital Gains Tax – What will be the ‘next normal’?

Since March 2020, the UK government has provided significant financial support to families and businesses to help support them through the COVID-19 pandemic. Although the country is not out of the woods yet, the economy is starting to reopen and…

Blog18th Aug 2020

Life After Brexit – An amicable split or a bitter divorce?

Midnight on 30 June 2020 has come and gone, and with it, the ability for the Brexit Transitional period to be extended beyond 31 December 2020.  We are now in the final 6 months of the UK’s marriage with Europe,…

Blog17th Aug 2020

COVID-19 Travel Restrictions – Impact on Employer PAYE Reporting when NT codes in Operation

Following the tightening of travel restrictions due to COVID-19, many employers have been faced with having employees who would normally work wholly overseas, ending up based in the UK and carrying out their role either from a residential address, hotel…

By Gillian Forrest

Blog13th Aug 2020

Working on Windfarms

As the world reduces its reliance on fossil fuels, there becomes an ever-increased demand for energy that is derived from renewable sources. One sector we have seen a significant increase in businesses working in is the offshore windfarm industry including…

Blog12th Aug 2020

2019/20 PAYE Settlement Agreement Deadline Approaches

A PAYE Settlement Agreement (PSA) is currently an annual agreement made with HMRC, which allows employers to settle the tax and National Insurance (NI) due on small or irregular taxable expenses or benefits provided to employees.   The agreement must be put in…

By Gillian Forrest

Blog10th Aug 2020

Getting Value From Benefits

As time goes by and there are attempts to get life back to “normal”, many workplaces will find themselves with a real mix of employee work situations. For many, the return to an office or normal place of work can’t…