Author: Jane Grant

Tax Matters 2021-2022

In brief: what are the tax planning options available for companies and individuals? For companies it is all about the most tax efficient way of extracting profits such as dividends verses salary, contributions to pensions and receiving tax efficient benefits. […]

CGT reporting and payment deadline extended

For disposals of UK residential property completed on or after 27 October 2021, the reporting and capital gains tax (CGT) payment deadline has been extended from 30 days after completion to 60 days. The previous 30-day time limit has proved […]

MD “the boss”: succession planning

Despite the words of Daltrey and Townsend all those many years ago, making light of the changeover from the old to the new, “meet the new boss, same as the old boss, the transition from one MD or the boss […]

future changes in store?

One crafty way for the Chancellor to bring in extra tax revenue without raising headline tax rates in a future Budget or Spring Statement would be to limit some of the generous tax breaks that are currently available. The Chancellor […]

uncertainty leads to distractions and deviations

All the negativity in the press can lead to us feeling “out of control” and uncertain about in what direction we should take our business. We firmly believe in our clients and their aims, hopes and ambitions and in remaining […]

succession planning is also good talent management

Creating a succession plan provides an opportunity for the business to drive the development of the next generation of senior leaders, aligning leadership at the top of the organisation with the strategic needs of the business – this can be […]

Budgeting for an uncertain year ahead

So, what is 2022 likely to look like?  Probably, what you forecast, then go out and make of it. The most important thing we know about the future is that it is unpredictable, so to plan for this we need […]

Christmas is the time for giving

Many were expecting the chancellor to announce changes to inheritance tax (IHT) in his Autumn Budget, However, like capital gains tax (CGT), the rules have remained broadly the same as last year. That means that each tax year individuals may […]

let’s have a real christmas party this year!

Last year many businesses put on a “virtual” Christmas party event and HMRC agreed that would be acceptable in order for there to be no taxable benefit for the employees involved. There continues to be no taxable benefit for employees […]

new recovery loan fund launched

Charities and social enterprises that have been operating for a minimum of two years can now apply for loans worth up to £1.5 million from Social Investment Business (SIB). Eligible organisations can apply for loans of £100,000 to £1.5 million […]

becoming a more eco friendly business

Environmental sustainability has moved to the forefront of the news headlines and consumers are keen to support eco-friendly businesses. Buying habits are changing as people seek to minimise their impact on the natural environment. By incorporating eco-friendly ideas into your […]

bounce back repayments begin

The bounce back loan scheme (BBLS) has kept many businesses afloat over the past year, but, with the first repayments now starting to become due, many of the 1.5 million businesses that borrowed money could fall into difficulty.  Default position  The BBLS was launched in May […]

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