OUR LATEST INSIGHTS

Blog5th May 2020

Successfully Navigating Disputes with HMRC

With the many measures adopted during the ongoing COVID-19 crisis, HM Revenue and Customs (HMRC) has been supportive of businesses in the current difficult climate. However, this more helpful approach is different from the normal face HMRC presents to taxpayers. 

Blog4th May 2020

Bounce Back Loans for Small Businesses

The UK government has announced a new fast-track finance scheme, providing loans with a 100% Government-backed guarantee for lenders. The “Bounce Back Loans” scheme will provide small businesses with loans between £2k and £50k.

Blog2nd May 2020

Temporary Pension Measures for Returning Public Sector Workers

The government has recently revealed further plans in response to COVID-19, including temporary pension measures, to assist the public sector. It is hoped these measures will help to bring back skilled retired workers, including care workers and police officers, to…

Blog1st May 2020

Offshore Assets, income or gains …any undisclosed tax liabilities?  HMRC offer ‘Time To Pay arrangements’ during COVID-19 pandemic

As we have documented in earlier blogs (captured below), ownership details of offshore assets, income and gains have been directly provided to HMRC, via exchange of information agreements with hundreds of overseas countries in the last 2 years. HMRC now…

Blog1st May 2020

Pivotal Enterprise Resilience Fund

The Scottish Government has announced the Pivotal Enterprise Resilience Fund, providing grants to businesses that can play a critical role in supporting Scotland’s recovery, but need some immediate support.  The aim for the grants is to support businesses that have…

Blog24th Apr 2020

‘Plan Ahead’ and the ‘Next Normal’

When drowning in a daily ‘sea’ of new information, reacting to new data, managing the change to work patterns or indeed no ability to operate at all, you’d be forgiven for not adding to your already challenging day by diverting…

By Graeme Allan

Blog24th Apr 2020

Essential Pre-Sale Tax Planning

Working towards the sale of a family business after years of blood, sweat and tears, is an extremely stressful time for most business owners. Whether the decision to exit is retirement, moving on to pastures new, or simply receiving an unexpected offer which is too good to…

Blog23rd Apr 2020

Support Packages for Early Stage & Innovative Firms

The UK government has announced plans for a £1.25 billion coronavirus package to protect early stage and innovative UK businesses. 

Blog23rd Apr 2020

HMRC Offer to Suspend Tax Investigations amid COVID-19 Pandemic

Following the provision of helplines, payment extensions and other support offered to those feeling the effects of coronavirus (COVID-19), HM Revenue & Customs (‘HMRC’) are now feeling the effects of this themselves.

Blog20th Apr 2020

COVID-19 – Skilled frontline foreign workers receive temporary tax concession

These are unprecedented times, and we all know the NHS is under enormous pressure. NHS staff in particular are on the front line of this fight against COVID-19, and many have come to the UK from overseas to work or…

Blog17th Apr 2020

Coronavirus Large Business Interruption Loan Scheme

Please note this scheme will close to new applicants on 31 March 2021 The Coronavirus Large Business Interruption Loan Scheme (“CLBILS” and the “Scheme”) provides financial support of up to £50m to mid-sized and larger UK businesses across the UK…

Blog17th Apr 2020

New Registration Requirements for Employers Posting Employees to the Netherlands

As a consequence of the Posting of Workers Directive and the Terms of Employment Posted Workers in the EU Act (WagwEU), with effect from 1st March 2020, employers from countries in the EEA and/or Switzerland who post employees to the…