Newsletters
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Is NMW due for sleep-in shifts?
Employment lawFollowing the 2021 Supreme Court ruling in the Mencap case, guidance has been updated on handling sleep-ins for national minimum wage (NMW) purposes. What’s changed for affected businesses?
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Dealing with tax on income received after trading ceases
Business Tax, Personal TaxPoor trading over the last year was the final straw for a builder and he decided to stop trading. He’s looking for buyers for the business premises and other assets. What tax will he have to pay on the proceeds?
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Is pension relief being claimed?
Personal TaxIf individuals make pension contributions personally or through their firm’s workplace scheme they're entitled to tax relief. However, thousands of people fail to claim this relief to the tune of an estimated £830m each year. How can they avoid missing out?
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VAT: is there a reasonable excuse due to coronavirus?
VATA business has experienced myriad problems due to coronavirus, including homeworking, cash flow and senior staff illness. Does this give it a reasonable excuse to appeal against any subsequent default surcharge?
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Using CGT losses efficiently
Personal TaxAn individual made capital gains from the sale of two assets and a loss from the sale of another. He also has brought forward losses. The gains are taxable at different tax rates. Can they use the losses to reduce the higher rate tax or how should they be allocated?
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Investing to save tax on gains
Personal TaxOne of the tax breaks that can be claimed for making a qualifying enterprise investment scheme investment is the deferral of capital gains tax. How can this timing difference be turned into a permanent tax saving?