Budget 2021: Manufacturing sector summary
The headline issue for the sector was the increase to corporation tax rates and whilst this will significantly affect profitable businesses in the future there is at least a road […]
The headline issue for the sector was the increase to corporation tax rates and whilst this will significantly affect profitable businesses in the future there is at least a road […]
IR35 changes The changes that are coming into force are confirmed as going ahead on the 6 April 2021 Andrew Brookes, senior manager, said: “Those businesses that have not yet reviewed […]
Distinguish the signs of financial distress Usually when a business is in financial distress, it experiences a decrease in revenue and difficulties with paying creditors, which could be more prevalent […]
Changes relating to Brexit are causing significant disruptions for manufacturers when trading with the EU. Delays are being caused by new paperwork being required, checks at borders and the new […]
As Chancellor Rishi Sunak’s hands are no longer tied by EU state aid rules, he must use the Government’s Brexit freedoms to make fiscal changes aimed at promoting recovery, support […]
Manufacturing specialist and Tax Partner, Andrew England, shares his Brighter Thinking predictions for the Spring Budget 2021: The manufacturing sector needs support in the short term: We predict no immediate […]
We have covered below the most common questions we received in connection with IR35 and the changes coming into play from April 2021 and have provided generic answers that will […]
Covid-19 has brought about many challenges, few managers would disagree. It is extremely difficult for credit managers to plan ahead due to uncertainties about when the pandemic might end and […]
The past year has been tough on many business owners, with recurrent lockdowns and tiered restrictions forcing business owners to adopt a 13-week cashflow cycle and concentrate efforts on short-term […]
The following is a high level overview as the origin rules are detailed and complex, therefore, specific advice should be taken, as the circumstances for each business and the goods […]
It went down to the wire, but the culmination of the intense negotiations between the UK and EU is that we now have a Trade and Cooperation Agreement (TCA). This […]
HMRC published much awaited guidance just before Christmas, on transitional rules for certain transactions and movements of goods. Note that this guidance was published before the trade deal agreed with […]
The Covid-19 pandemic and Brexit have magnified the importance of careers in areas such as scientific research and engineering, renewing interest in STEM skills attainment. As we leave the EU, […]
The pandemic has meant almost every business is facing its own specific challenges. Although the news of high-profile corporate insolvencies may be the focus of the headlines, small and medium […]