News & Press

Most businesses offer some form of entertainment for their staff as a normal part of business operations to reward, incentivise or encourage their employees. The tax issues in this area are often misunderstood, resulting in many questions,...

The alternative lending business contains a number of specific tax issues and opportunities and it is understanding these, planning accordingly and meeting the compliance requirements that are going help you to minimise your tax...

There are various reasons why you might want to sell your business. The main reasons tend to be that you feel you have got the business as far as you can take it and you now want to realise some value. Preparing for this moment is essential...

Businesses can receive a tax credit for qualifying expenditure on research and development (R&D) depending on the businesses size. As a maximum a company could save £46 of tax for every £100 of qualifying expense. What qualifies as...

In the past few months, the Chancellor of the Exchequer, George Osborne, has taken steps towards making the buy-to-let market in the UK less attractive by introducing a number of tax changes. These measures have also been introduced to...

Okay you have got your brilliant idea and have set up your company as this is the way you are going to make it big. But now you are a director there are certain obligations under company and tax law that you are going to need to comply...

The purpose of a Seed Enterprise Investment Scheme (SEIS) or an Enterprise Investment Scheme (EIS) is to help small early stage schemes companies raise equity finance by offering tax reliefs to investors. Under SEIS the maximum annual...

In recent years, the UK Government and Mr Osborne have been trying to encourage more first time buyers to step onto the property ladder. One of the main ways in which they are aiming to achieve this is to increase the supply of housing...

No one likes the thought or process of dealing with a tax enquiry from HMRC, whether in relation to the tax affairs of their business or on an individual basis. Whilst a small number of tax enquiries are still random checks (especially in...

The surprise result from the EU Referendum no doubt means a period of uncertainty and change, likely to last years, rather than weeks. Whilst the EU does not currently specifically dictate tax rates and regulation, it does impose bands and...

All businesses face tax challenges but within certain sectors there are specific issues that are very common across many firms. The bio-tech sector is one in which there are a number of such common themes including the need to raise funds,...

Most taxpayers are familiar with the Self-Assessment system which HM Revenue and Customs (HMRC) uses to collect Income Tax from individual taxpayers. This system has been in place for many years in order for the Government to collect taxes...