Blog23rd Mar 2020Coronavirus (COVID-19) UpdateHow We Are Responding We are continually responding to advice from both the UK and Scottish governments and our priority is to protect our staff and their families, while continuing to deliver our high standard of service to clients. Following…View more
Blog23rd Mar 2020Deferment of Tax Liabilities – Immediate relief for those affected by COVID-19*Updated 18 Feb 2021* HMRC have recently provided further information on how businesses can join the VAT deferral new payment scheme. Businesses which still have outstanding deferred VAT payments can either pay the deferred VAT in full, on or before…By Stuart PetrieView more
Blog21st Mar 2020COVID-19 Statutory Sick PayAmidst growing concern for the nation’s health, we take a look at what measures the government has taken to alleviate the pressure on businesses and to support employees during these testing times. View more
Blog20th Mar 2020“HMRC are not of course infallible…”The above quote from Lord Justice Lewison in the Leeds City Council vs HMRC Court of Appeal case plays a key role in the recent successful Aggregates Levy appeal of Lovie Limited [TC07606].View more
Blog20th Mar 2020Non-UK Resident and worried about extended days in the UK? – HMRC issue welcome concession due to COVID-19HMRC have now updated their guidance acknowledging the COVID-19 pandemic may well impact individuals ability to move freely to and from the UK, or require them to remain unexpectedly in the UK. As mentioned in our recent post, HMRC agree…By Lynn GracieView more
Blog19th Mar 2020Modelling Risks & Opportunities in Upstream Oil & GasThe double whammy of COVID-19 and a global oil price war is presenting what might be one of the upstream oil & gas sectors’ biggest challenges to date.View more
Blog19th Mar 2020Does Your Finance Function Stop at the Office Door?As a generation, we think we are very technologically advanced and able to cope with anything. However, in light of recent events, many companies are optimising flexible working and working from other locations such as from home. This sudden shift in working environments has…View more
Blog18th Mar 2020Coronavirus – How HMRC can (and will!) help minimise the financial impact on you and your businessHM Revenue & Customs (‘HMRC’) has set up an additional phone line to help financially support individuals and businesses who are feeling the financial effects of coronavirus (COVID-19).View more
Blog18th Mar 2020IR35 Off-Payroll Reform Delayed Until 6th April 2021As one of the most controversial pieces of legislation affecting the flexible workforce, IR35 is never far from the headlines and there have been campaigns and protests to try and halt the reforms. That has now been successful as Contractors…View more
Blog17th Mar 2020Budget 2020: Annual Allowance Pensions Changes – A Silver Lining or a Sting in the Tail?The recent budget saw Chancellor Rishi Sunak announce some welcome changes to the rules for tapering of the Pension Annual Allowance (AA), particularly for those in certain income brackets, where they previously faced severe restrictions on what they could save…By Lynn GracieView more
Blog12th Mar 2020Budget 2020: Positive News on Research & Development (R&D) Tax Relief and Capital AllowancesThe Budget made it clear that the UK’s success in the global economy will be rooted in innovation and cutting-edge technology. Plans to significantly increase public R&D investment to £22 billion per year by 2024-25 were confirmed, increasing direct support for R&D to 0.8%…View more