“There’s a warnin’ sign on the road ahead” says Nick Forsyth as he considers the issues businesses face connected to Freedom Day In what became an expected move, our Government predictably threw the workplace safety measures back into Employers faces with effect from...
Many companies will experience short-term trading and cashflow issues during their lifetime. If these become significant and the company is unable to recover, then the Directors may need to consider placing the company into insolvency. In law, a company is insolvent...
Covid has brought many changes to our lives including announced changes by HMRC to the tax relief provided for staff parties. Historically a £150 per head exemption existed for social functions and parties. To be exempt the function must: Be open to all employees. Be...
Employees can claim Tax Relief for working at Home due to Coronavirus HMRC have confirmed that employees can claim tax relief for working at home due to Coronavirus for the 2020/21 and 2021/22 and tax years. HMRC have an online portal allowing individuals to make the...
Legal restrictions in place in respect of Covid-19 will start to end on Monday 19 July in England, Wales and Scotland. Each country is taking a slightly different approach to timings and some of the detail around what is required, but in all countries, ‘Freedom...
Keeping on top of property taxes within the UK over the last year has been tricky for all. Our Senior Tax Manager, Lucy Orrow, published two video updates in May 2020 looking at Capital Gains Tax (CGT) reporting and changes to Principal Property Residence Relief (PPR)...
