Author: David Mann

Recovery Loan Scheme

Recovery Loan Scheme. The final stage of the Government’s loan packages will open on 6th April 2021, this scheme is expected to run until 31st December 2021. Businesses who have received prior COVID funding will be eligible to apply for a Recovery Loan Scheme, in so far as the business meets the qualifying conditions.   […]

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VQOTW: SDLT Changes From April 2021

My clients are a non-resident married couple who have a portfolio of UK residential properties in both sole and joint ownership. As part of an Inheritance Tax planning exercise, the husband is considering the transfer of some of his properties to his wife and this will include a transfer of debt which we understand is treated […]

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TQOTW – Triangulation Transaction Post Brexit

My client is a wholesale supplier of furniture; he buys from VAT registered manufacturers in the EU. Some of the goods are delivered to him in the UK, but some of the goods are sent direct by the manufacturer to my client’s business customers in the EU.  He is fine with the supplies delivered directly […]

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February 2021 Newsletter

Our latest Newsletter is designed to help you navigate the challenges of 2021. We continue to advise on the emergency support available via HMRC, focussing on repaying VAT deferred in 2020, and compliance with the Self-employment Income Support Scheme. Front page news: Just one click? Get to grips with what your Business Tax Account can […]

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TQOTW: DISCRETIONARY TRUSTS AND 10 YEAR CHARGES

Tax Question of The Week: Discretionary Trusts & 10 year charges | 16th December 2020 My client is a husband and wife who have settled a jointly held rental property worth £400,000 into a discretionary trust for their grandchildren. If the property value stays the same in ten years’ time would the trustees have a […]

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Statutory Wage Increase

HR Expert: Statutory Wage Increase | 4th December 2020 A client is concerned about the Government’s recent announcement that the National Living Wage will increase next year. Is there anything that they need to keep in mind, or any financial assistance that they may be entitled to? It is unlikely that the Government will introduce […]

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