OUR LATEST INSIGHTS

Blog21st Jul 2021

The changing face of the humble take-away

The last 18 months has been difficult for most sectors; however, one industry that has had to adapt and be more agile than most has been the hospitality sector. Firstly, they had to deal with lengthy periods of lockdown that…

Blog20th Jul 2021

IR35 and Share fishermen

Following the introduction of IR35 legislation in April to the private sector, there has been some concern that fishermen operating through their own personal service companies (PSC’s) would be caught under these new rules. The impact of the legislation for…

Blog14th Jul 2021

July Tax Payments

HMRC routinely promote the benefits of filing Self Assessment Tax Returns early, and we agree that there are many advantages to doing so. One such benefit is that it enables you to ascertain and manage your tax payments.

Blog8th Jul 2021

Tax Considerations for the Energy Sector

Following what has been a very challenging 16 plus months for Energy Sector businesses, along with most other business, the world is starting to settle back into ‘normality’, whatever that may be now.  

Blog7th Jul 2021

Crypto Assets – HMRC seeking ownership declarations

Following HMRC’s drive to aid the economic impact of the COVID 19 pandemic and a surge in recent enquiries into tax affairs of individuals and companies alike, HMRC have confirmed that e-money value transfer systems and Crypto assets are on…

Blog6th Jul 2021

Is the end nearing for the Tax Year as we know it?

The UK tax year runs to 5 April, however, The Office of Tax Simplification ‘OTS’ recently published a document (June 2021) setting out its intention to review the benefits, costs and wider implications of changing the end of the tax year to either 31 March or…

Blog5th Jul 2021

Managing working capital carefully as we exit the pandemic

The most recent easing of restrictions across most of the country has resulted in a controlled resumption of travel, return to work, house moves and socialising in homes as we manoeuvre out of the Covid-19 pandemic. This has come as a relief to everybody, and none more so…

By Lewis Dunbar

Blog1st Jul 2021

Location is no longer a barrier for your finance function

There is a big push to ‘shop local’ to help reduce the carbon footprint of our food and drink products from field to plate. 

Blog29th Jun 2021

Are you prepared for a HMRC furlough compliance check?

The Coronavirus Job Retention Scheme (CJRS) began in March 2020 and was a lifeline to many businesses. Due to the impact and how quickly the pandemic took hold, a quick response by government to support businesses was the focus. This meant that HMRC issued funds through the CJRS with…

Blog18th Jun 2021

Temporary Super Deduction and Special Rate First Year Allowance

The Chancellor’s budget announcement in March set out plans for a new Capital Allowances relief exclusive to Companies. For expenditure incurred from 1 April 2021 until 31 March 2023, companies can claim 130% capital allowances on qualifying plant and machinery…