Insights

Updated 26 October 2020 The furlough scheme (Coronavirus Job Retention Scheme) will be ending on 31 October 2020 and is being replaced…

Currently, taxpayers are entitled to take some, or all of the cash held in their private pension fund at age 55, including…

The extent to which fraudulent claims for furlough scheme grants have been made is now becoming very apparent. HMRC thinks that between…

The government’s second and final grant for the self-employed has opened for applications. This offers a chance for three million people who…

The Corporate Insolvency and Governance Bill received royal assent on 25 June 2020 and is now an Act. It was introduced to…

Scams have been widespread online for a long time; from stolen cards being used to buy goods online, ordered goods that never…

Trusts have been in the spotlight for some time and their tax saving advantages for the majority of taxpayers are declining; most…

Producing business forecasts are an important exercise if a business is looking to either gain finance or increase the level of finance…

Starting from October 2012 every employer will need to have a workplace pension scheme in place and will have to automatically enrol…

As investment finance remains difficult to secure for entrepreneurs and business owners, Government-backed schemes like the Enterprise Investment Scheme (EIS) and its…

Earlier this year HMRC introduced a new statutory residence test, which has been designed to provide greater certainty as to whether or…

The Roman philosopher Seneca said that ‘difficulties strengthen the mind’ and that’s as true today as it has ever been. It illustrates…

Running out of cash is one the most common reasons why a perfectly good business ends up in administration. As a result…

As business owners continue to battle with uncertainty and a long lasting recession in Europe, one might be forgiven for thinking this…

Continuing with our detailed analysis of the tax planning opportunities that arose following the Budget 2012, we turn our attention to tax…