Chris Maloney – Strategic Advisory Partner A business must have customers to succeed, right? Well yes, of course, but business owners should be asking whether these are the right type of customer. This is a question that should certainly go beyond the obvious “do they pay on time?” and the focus should be on further […]
Will Sweeney – Tax Technical The Spring Statement provided confirmation that the uncertainty over Brexit has hit business investment and growth, with GDP growth predictions decreasing from 1.6% at the budget to 1.2%. Business investment and growth are forecast to start growing again from next year with GDP growth of 1.4% for FY20, then 1.6% […]
A combination of longer lead times on imported goods, increased red tape and additional costs incurred due to increased stock holdings could see manufacturers facing significant cash flow difficulties in the event of a no-deal Brexit. So what can Manufacturing businesses do now to avoid this and improve their financial management, bolster their supply chains […]
Important update for Transport and Logistics // Manufacturing Businesses HMRC has taken further steps following recently announced measures that include Transitional Simplified Procedures, to introduce measures to assist businesses in the event of a no deal Brexit. HMRC has today (as of 13th March 2019) published details of a temporary tariff regime ahead of the […]
HM Revenue & Customs’ (HMRC) recent, wide-ranging consultation asked Professional Advisors for their thoughts on how the taxation of trusts in the UK could be simpler, fairer and more transparent. We welcomed this opportunity to contribute towards HMRC’ findings and the opportunity to apply our Brighter Thinking approach. Our Submission In our submission, we wanted […]
A recent study indicated that the majority of family fortunes disappear within just three generations. The reasons for this are varied. At their simplest, the Inheritance Tax (IHT) charge on death, currently 40% of chargeable assets, can deplete wealth quickly. Add to this where later generations no longer have the expertise, drive or flair that […]
