OUR LATEST INSIGHTS

Blog23rd Jul 2018

Have your cake & eat it!

A common myth in relation to Research and Development (‘R&D’) tax relief is that qualifying activities are only undertaken by scientists in white coats. The tax definition of R&D is much wider than this, and can take place when a…

Blog20th Jul 2018

IFRS 15 – Value behind compliance

IFRS 15 ”Revenue from Contracts with Customers” has an effective date for periods beginning on or after 1 January 2018. Six months into the implementation period you should be confident of your approach, have your accounting policies up to date…

Blog18th Jul 2018

EIS & SEIS – The tax reliefs get tougher!

The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) offer attractive investment opportunities for individual investors which in turn allow young entrepreneurial UK companies to raise funding to facilitate growth and expansion plans.  However, the generous tax reliefs…

Blog16th Jul 2018

Enhanced Tax Reliefs for Vehicles

The emissions of a car purchased by a business can have a big impact on the timing of the tax reliefs that be achieved by Capital Allowances.

Blog16th Jul 2018

A Competitive UKCT System, but with Traps for Unwary

For a number of years, the UK Government has had a drive to make the UK corporation tax (UKCT) system one of the most competitive in the world. With Brexit looming, this takes an ever increasing importance: once the UK…

Blog12th Jul 2018

Understanding the Value of Your Business

There are many reasons for valuing private business whether you are considering investing, selling, transferring an interest in a business, setting up a tax efficient employee ownership scheme or looking to resolve a dispute. Whatever your intention, fully understanding the…

Blog10th Jul 2018

Selling your company – Entrepreneurs’ Relief traps for the unwary!

The disposal of a business should always be driven by the commercial objectives of the buyer and the seller and tax planning should not distract from this.  However, ensuring an exit is implemented in the most tax efficient manner can…

Blog9th Jul 2018

Statutory Shared Parental Leave & Statutory Shared Parental Pay

Shared Parental leave and Shared Parental Pay were originally introduced in 2015 and from recent studies, there has only been a small percentage of employees who are eligible have actually taken up the leave.

Blog5th Jul 2018

Optimising Employee Equity Incentives

Attracting and retaining key employees is an essential part of growing a successful business and can often prove a challenging area for entrepreneurial companies. This was featured at the recent Engage Invest and Exploit 2018 conference which highlighted that providing…

Blog4th Jul 2018

Taxation of the Digital Economy – Changes are Coming

There is broad agreement between global Tax Authorities that the means by which companies in the digital sector can be subject to corporate tax in overseas territories has not kept pace with the manner in which many multinationals today generate…

Blog3rd Jul 2018

What is a CVA? Company Voluntary Arrangements explained

We may have seen many high street stores trying to restructure their businesses in recent times using a process known as Company Voluntary Arrangements or CVA. New Look, Carpetright, Mothercare, Prezzo, Byron Hamburgers, and House of Fraser are amongst the…

By Duncan Raggett

Blog2nd Jul 2018

Supporting our Business Leaders & Innovators in Oil & Gas

Much has been written about adaptation, change and innovation in the Oil & Gas industry in 2017. E&P are leading the change agenda, especially in the North Sea and we are starting to see the Oil Services sector leading the…