News & Events
Cultivating Success
Tax
VAT domestic Reverse Charge for building and construction services
17th February 2021
Rowleys VAT domestic reverse charge for building and construction servic.._
Tax
Self assessment ‘time to pay’ threshold raised to £30,000
12th January 2021
HMRC has made it easier for self assessment taxpayers to pay the tax they owe incrementally on a monthly basis, by extending the threshold for ‘time to pay’ applications, as part of efforts to ease financial stresses cause by the...
Not For Profit
Does the predicted legacy boom offer forward thinking charities some much needed good news?
10th December 2020
A new joint report from the Institute of Legacy Management (ILM) https://legacymanagement.org.uk/, Remember A Charity, Legacy Foresight and the Smee & Ford https://smeeandford.com/, a publisher that specialises in legacy commentary, predicts a legacy boom that could be worth up to £40...
General & People
Our Webinars to talk Brexit
3rd December 2020
With less than a month to go to Brexit we have put together two webinars pre-Brexit and post-Brexit, you will hear what is currently decided and what is still under discussion. We also expect there will be many more questions...
Medical
NHS England finalises its guidance for Primary Care Networks
30th November 2020
The PCN Development Support Guidance and Prospectus originally published in August 2019 has just been updated. The new document [ad link https://www.networks.nhs.uk/news/nhs-england-finalises-development-guidance-for-pcns] sets out the national PCN development priorities for the remainder of 2020 and 2021. It also provides guidance...
Tax
Staff Parties and Gifts
26th November 2020
As a “unique” 2020 ends and the festive season approaches, you may be considering Christmas parties and gifts for employees. Here are a couple of ways to save tax on such expenditure which would normally be called as a benefit...
Tax
What have we learned from the Office for Tax Simplification’s review of CGT?
20th November 2020
Back in August we reported that the Chancellor had asked the Office for Tax Simplification (OTS) to review the current Capital Gains Tax (CGT) rules. On 11th November the OTS published their first report. The headline is that the OTS...
General & People
Coronavirus Job Retention Scheme as of 12th November 2020 following published HMRC Guidance
13th November 2020
The government has extended the Coronavirus Job Retention Scheme ‘CJRS’ until 31 March 2021 and has now provided updated guidance with some key points below Key points The Job Support Scheme has now been postponed. The Job Retention Bonus will...
General & People
Coronavirus Job Retention Scheme – As of 2nd November 2020
2nd November 2020
Following the announcement of the four week lockdown from this Thursday, 5th November, the government has extended the Coronavirus Job Retention Scheme ‘CJRS’ until 1 December 2020. To confirm, this means the Job Support Scheme is now delayed and will...
Tax
R&D tax credits: where are we today?
26th October 2020
Research and development is going to play a huge part if the UK is going to combat what could well be a very tough recession. We have always been recognised as a highly innovative nation but that reputation is going...
General & People
Medical
GPs call for unspent PCN recruitment budget to be used to upgrade premises and equipment to fight the second spike
16th October 2020
It was no surprise to hear GPs are calling for the right to redeploy the £430m of unspent primary care network (PCN) recruitment funding to help in the fight against the second spike of coronavirus. The money had originally been made available under the additional roles reimbursement scheme (ARRS). It was...
Medical
The New to Partnership Payment Scheme for medical professionals is finally open for applications
16th October 2020
The New to Partnership Payment Scheme for first time partners in medical practices is finally open following a series of COVID related delays. The scheme is expected to run for 2 tax years and is open to any first time...
General & People
If you import from or export to the EU, how will Brexit affect the way you operate?
15th October 2020
Although the UK officially left the EU on the 31st January, Brexit has since been overtaken by other world events. It is therefore no surprise that while businesses have battled for their survival during the ongoing pandemic, many may have forgotten we are...
Tax
As a company employee, could working from home improve your tax position?
6th October 2020
It has never failed to amaze me just how quickly and easily so many of us settled in to working from home not to mention how effective and productive home working has turned out to be. With that in mind, it’s no surprise...
Tax
What could the proposed Capital Gains Tax review achieve?
21st August 2020
Rishi Sunak, the Chancellor of the Exchequer recently wrote to the Office for Tax Simplification (OTS) to ask them to review the current capital gains tax (CGT) rules. He wants the OTS to establish CGT is still fit for purpose...
Pensions
The Pension Schemes Bill at a glance
19th August 2020
The Pension Schemes Bill currently awaiting a third reading in the House of Lords will significantly change the legal and regulatory framework governing defined benefit pension schemes, most specifically by making a wide range of pensions related actions a criminal...
Not For Profit
What can your charity do to combat the impact of COVID-19?
18th August 2020
COVID-19 and, more specifically, the measures put in place to combat the pandemic have had a massive impact on charities. The contribution their staff and volunteers can make has been restricted by social distancing, fundraising events have been suspended. Donations...
Medical
For GP practices, forewarned has to be forearmed
11th August 2020
If you are responsible for funning a GP practice, you will doubtless remember the recent scare caused by certain headlines in the medical press. Those headlines warned practices that they could find themselves facing a large, unexpected and definitely unwanted tax...
