We are inviting all our clients to subscribe or renew their subscription to our Tax Investigation Service. Tax investigations are expensive, intrusive and stressful. Even if the tax inspector accepts that your records are 100% accurate, you will still need to pay the professional…
This is not the place to discuss your personal options, but this is an ideal time to consider your business and personal financial planning options for 2019. What are your options? If Brexit, as it seems likely, has a depressive effect on the UK…
When a director has been found guilty of mismanagement verging on fraud, one of the remedies that the courts can impose is disqualification as a director. But what does this actually mean? A disqualified director has to abide to the following restrictions: While the…
Guidance on the use of a British passport to travel abroad after 29 March 2019, if there is a “no-deal” Brexit, was issued by government last month. The pertinent facts are reproduced below: After 29 March 2019, if you’re a British passport holder (including…
Suppliers who sell goods and services to larger concerns often find that the terms of their supply, limits or bans the process of factoring the debts to release funds into cash flow. Cynically, this could be seen as a method these larger customers have…
Up to £20 million is being made available to increase productivity and sustainability in crop and ruminant agriculture systems through the Industrial Strategy Challenge Fund. Innovate UK are looking for projects that improve productivity and sustainability in crop and ruminant agriculture. There is £20 million to…
A government think-tank, the Office for Tax Simplification (OTS), was briefed to consider a non-tax issue, a restricted form of limited liability for sole traders. At present, a sole trader’s personal assets (including their home) are vulnerable to a claim by business creditors if…
UK residents can ask for publicly owned land and buildings to be sold if they think that the property is vacant or underused. You will need to track down the owner of the land and ask for the property to be sold. Your application…
A reminder that from April 2019, HMRC’s much vaunted Making Tax Digital (MTD) scheme will apply to certain businesses. The April 2019 launch will only apply to VAT registered traders. More specifically, MTD will apply to businesses who have a turnover above the VAT threshold…
Reforms are being considered that will ensure that Scottish Limited Partnerships continue to be used as a legitimate vehicle for investment in the UK. Measures to crack down on the abuse of a specialised financial arrangement to launder foreign money through the UK was…