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News // 06/12/2017

Menzies Criminal Finances Act Compliance Pack

The Criminal Finances Act 2017 (CFA) came into force on 30 September. Under this act every employer in the country has an obligation to actively discourage their employees assisting customers evade tax. This affects all businesses (not sole traders) that have at least one employee. The penalty for non-compliance? 12 months in prison or an […]

News // 22/11/2017

Autumn Budget 2017 Response and Summary

Autumn Budget 2017: A mixed bag but extra funds for R&D are positive Comments provided by Menzies Tax Partner Richard Godmon Despite a 25 percent reduction in growth estimates from the Spring Budget, The Chancellor has announced further investments and enhanced incentives to boost research and development activity in a bid to strengthen the UK […]

News // 22/11/2017

Property & Construction: Autumn Budget 2017 Response Summary

Following the Chancellor’s Autumn Budget 2017 update, Menzies Property & Construction sector team have reviewed the impact of Philip Hammond’s announcement upon the UK business services community. Autumn Budget 2017 comments provided by Rebecca Wilkinson. Property Market The Chancellor has made it clear that he wants to make “the dream of home ownership a reality […]

News // 22/11/2017

Hospitality & Leisure: Autumn Budget 2017 Summary Response

Following the Chancellor’s Autumn Budget 2017 update, Menzies Hospitality & Leisure sector team have reviewed the impact of Philip Hammond’s announcement upon the UK business services community. Autumn Budget 2017 comments provided by Dave Gosling. The success of the Hospitality & Leisure sector in the UK is firmly linked to consumer confidence and levels of […]

News // 22/11/2017

Transport & Logistics: Autumn Budget 2017 Response Summary

Following the Chancellor’s Autumn Budget 2017 update, Menzies Transport & Logistics sector team have reviewed the impact of Philip Hammond’s announcement upon the UK business services community. Autumn Budget 2017 comments provided by Andrew Galliers. The Government produced a mixed bag of a budget for the T&L sector, with some pleasing announcements around infrastructure and […]

News // 22/11/2017

Retail: Autumn Budget 2017 Response Summary

Following the Chancellor’s Autumn Budget 2017 update, Menzies Retail sector team have reviewed the impact of Philip Hammond’s announcement upon the UK business services community. Autumn Budget 2017 comments provided by Roberto Lobue. The positive news coming out of the budget for retailers are the changes to the business rates system and the fact that […]