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By Armstrong Watson

2nd December 2023

Optimising partner capital and lock-up in professional firms

Partners of professional firms need to be thinking about lock-up management all the time, not just as they head for retirement. 

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By Keith Johnston

29th November 2023

The Autumn statement - Impact on farm businesses

While there was little of specific interest for agriculture in the recent Autumn Statement, there were some announcements in the Chancellor’s raft of new measures that may impact farm businesses. In other areas – notably Inheritance Tax - (IHT) announcements that were speculated did not materialise.

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By Becky Bowness

22nd November 2023

Autumn Statement 2023 - Head of Tax Initial Reaction

Jeremy Hunt has delivered an Autumn Statement he said will grow the economy and back British businesses, but while many of the fiscal plans announced seem generous, businesses may still see increased financial pressure in 2024.

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By David Threlkeld

16th November 2023

£1.6m IHT tax dispute highlights complexities of reliefs for farm businesses

It can be dangerous to assume that all the assets owned by a farming family will be exempt from Inheritance Tax (IHT). Here we look at a recent tax tribunal in which £1.6m of IHT was at stake and the family concerned were denied their claim for Business Property Relief. 

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By Armstrong Watson

24th August 2023

How to protect your automotive business as HMRC enquiries rise  

Car dealerships across the UK are being targeted, and subsequently investigated, for suspected tax evasion. Here are some steps you can take to help mitigate the impact of an HMRC enquiry. 

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By Armstrong Watson

3rd August 2023

Scottish business confidence is positive but still weak, says ICAEW report

Scottish business confidence has moved into positive territory for the first time since March 2022, according to the latest ICAEW Business Confidence Monitor report for Scotland.

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Research development

By Andrew Mitchell

17th November 2022

Autumn Statement 2022 - Research & Development Tax Reliefs

After much adverse publicity in recent days and weeks around exaggerated and fraudulent R&D claims, particularly in relation to claims under the Small & Medium Enterprises (SME) scheme, the Chancellor has reacted by reducing the tax benefits potentially available through an R&D SME claim.

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Houses of parliament

By Becky Bowness

17th November 2022

Autumn Statement 2022 - Head of Tax Initial Reaction

As anticipated due to the economic deficit, Jeremy Hunt today announced measures that will see tax increases amounting to a cost to taxpayers of tens of millions of pounds.

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salary-sacrifice-benefits

By Helen Robinson

14th November 2022

Salary Sacrifice – Help employees make the most of take-home pay

With the ever-rising cost of living, how can employers help employees make the most of their net pay? A salary sacrifice scheme can do just that.

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By Elaine Wilcox

27th October 2022

Improving Income Streams in the Hospitality Industry

In a trading environment which is becoming increasingly more challenging, it is important that hospitality business owners maximise their income in the periods that they are open.

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