News

The new ‘reverse charge’ system of VAT accounting affects sub-contractors supplying their services to main contractors in the construction sector. Under the new rules, supplies of standard or reduced-rated building…

Where large or medium-sized organisations are paying workers via personal service companies (PSC) or agencies, they will need to operate new procedures from the 6th of April 2021. The new rules…

Now that the UK has left the EU, some taxpayers will start to see additional tax costs. One example is where UK residents own holiday homes in EU countries that…

Top-tips for driving your Business Development (BD) efforts this year. Business development is often misunderstood. Some might say that it’s all about relationships, others will say it’s all about sales…

The challenges faced by businesses in 2020 have driven firms across the world to develop, adapt and innovate. Here are some of the key business trends to watch in 2021.…

This time last year businesses were preparing for important changes to the rules where workers supply their services via their personal service companies. The start date was then deferred from…

The OTS has suggested simplifying IHT on lifetime gifts including reducing the period of potential exemption from seven to five years. Such a change would mean that the donor would…

The OTS report highlighted the mismatch between CGT and income tax rates which currently encourages taxpayers to prefer to take profits as capital rather than income. This potential opportunity has…