Insights

There have been a number of recent judgements from the Court of Justice of the EU (CJEU) concerning early termination fees. These have resulted in a review of HMRC policy which could have a widespread effect across many sectors. One example is to…

The extended consultation window has recently closed on the government’s intention to require large businesses to notify HMRC where they have adopted an uncertain tax treatment. It is currently proposed that this will be legislated in Finance Bill 2020-21 and will apply to…

With immediate effect from 9 July 2020, payment institutions and electronic money institutions that require having their financial statements audited must now also undertake an annual audit of their compliance with the safeguarding requirements under the Payment Service Regulations 2017 (PSRs) and Electronic…

Take charge of your tax affairs People who own a company and work for themselves often ask what’s the most tax-efficient way to take funds out of the business on a day-to-day basis. For many years, this has come down to a straightforward…

Large businesses trading in the UK are now required to comply with three new regulations affecting their tax planning and strategy. These measures affect the reporting of all UK taxation matters, including VAT and PAYE. New Regulation 1: Senior Accounting Officer Regulations Affected…

Keep staff motivated – without passing on the burden of extra tax How do you keep employees incentivised and rewarded – without also burdening them with extra tax liabilities for benefits like parties, transport and gifts? Signing up for a PAYE Settlement Agreement…

The Making Tax Digital (MTD) initiative is part of HMRC’s plan to become ‘a world leading digital tax authority’. But what does it mean for you and your business? HMRC wants to transform the UK tax system to make it more effective, efficient…

Are you a UK employer with staff visiting  the UK on business trips from overseas offices within your group? UK organisations that have employees from overseas group companies coming to the UK for work purposes need to ensure that they are compliant with…

More than just a reward for loyalty. A share in the company’s future. Any good employer wants to attract, retain and motivate the best staff – and what better way to do that than by making them equity holders in the success of…

Do you know what’s on the table? Uncertainty is rarely favourable. Yet did you know it could lead to an advantageous tax relief? If you’re a UK company carrying out a project surrounded by uncertainty regarding scientific or technological matters, an R&D tax…

What to do when your organisation is failing or threatening to fail?