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The government has initiated a review of the Loan Charge and whether the policy is an appropriate way of dealing with disguised remuneration loan schemes used by individuals who entered directly
HMRC has announced a one-year delay to the introduction of the VAT domestic reverse charge for building and construction services. The reverse charge represents part of a government clamp-down on
HMRC has published details of businesses that have failed to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. HMRC is also
The government has announced that HMRC collected a record sum of £5.4 billion in inheritance tax (IHT) during the 2018/19 tax year. The increase comes on the back of a
What exactly is profit and why does it matter? Or what’s the difference between net and gross profit and all the other related terms we hear? If this is a
Prioritising HMRC over other creditors in insolvencies will have a ‘negative impact on the UK’s economic growth’, experts have warned Chancellor of the Exchequer Sajid Javid. The warning was issued
What is Turnover? Turnover is a great indicator of business or sales performance, in fact it’s probably the most simple business metric there is. Turnover is not, however, an indicator
The Department for Business has launched a nationwide programme of events to help businesses prepare for Brexit. The free events are designed to provide free advice on a range of
How to ensure your children pay less inheritance tax, and don’t get caught out by your financial gifts. Inheritance tax is an area we are frequently asked about. It seems
According to the British Chambers of Commerce (BCC) there are ‘major gaps’ in the government’s no-deal Brexit guidance for UK businesses. The BCC carried out a review of official government
The government has launched a consultation on proposals to give senior NHS doctors and nurses access to more flexible pensions. The proposals aim to offer senior clinicians more control over
Well, we didn’t win, but boy did we have a blast! Last Friday we closed the office early, with a minibus picking the team up at 12:30 to head to
