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Introducing Business Watch
Warwickshire Business Watch is a multi-functional platform with the aim of providing reassurance to businesses in relation to Business and Cyber Crime. Warwickshire Business Watch has been created in Partnership between the Warwickshire County Council Community Safety and Substance Misuse Team, the Police and Crime Commissioner and the Police. The website is managed by the…
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The Autumn Statement 2015
George Osborne spoke for sixty seven minutes in his combined Comprehensive Spending Review and Autumn Statement. As a rough estimate maybe two or three of those minutes were about taxation. So no tax changes then? Well not quite. As we know the Chancellor introduced his famous five year tax lock earlier this year that means…
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Twelve month extension of transitional regime for VAT on pension scheme costs announced
This blog is targeted at: businesses and other taxable entities that provide pension schemes for their employees pension fund management providers pension scheme trustees and pension providers tax advisers HMRC has recently provided an update in relation to VAT recovery on fund management services for defined benefit pension schemes following the judgment in PPG Holdings.…
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The Final Countdown, time to disclose
The Liechtenstein Disclosure Facility (LDF) is not the catchiest title but it will be of some importance to certain people. The LDF was created as a facility to enable UK taxpayers with undisclosed foreign assets to regularise their historic tax position with HMRC without fear of prosecution or a complete loss of the assets being…
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Research & Development Tax Relief (R&D)
HMRC’s tax incentives for companies investing money in R&D are not new, but it is only in recent years that the number of SME’s taking advantage of the relief has increased significantly. Still there are businesses who are likely to qualify for the relief who are not yet making a claim. With all the negative…
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Triple Awards for B&B Dealmakers
This month the firm was named “Best for Management Buy-Outs and Best Corporate Finance Team – UK” at the Finance Awards run by Acquisition International. Commenting on the awards, Nathan Angell of Acquisition International said, “These awards put the spotlight on the outstanding individuals who have truly stepped up to the mark for their clients…
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HMRC taken to task over response to taxpayers telephone calls
The head of HM Revenue and Customs (HMRC) recently spent an afternoon attempting to defend the department’s inadequate record on answering telephone calls. In answer to questions put to her by members of the Public Accounts Committee, Lin Homer stated “I don’t think the overall trend is worsening. We aren’t answering enough calls within five…
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VAT opportunities for not-for-profit businesses
For most not for profit entities, VAT is an added cost that needs be considered in respect of any spend plans, particularly when the spending is on a capital item. It is therefore great news if VAT can be avoided on the purchase of either goods or services. Happily, there are a several reliefs from…
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New law for small businesses sneaks under the radar…
Have you implemented the changes in The Small Business, Enterprise and Employment Act 2015 that received Royal Assent in March 2015? Some of the changes should have been implemented already but if you haven’t seen or heard much about these new rules you would not be alone. The new legislation is part of the Government’s…