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‘Cash is king’ in the PropTech industry
The adage ‘cash is king’ remains true for any start-up business, but for the PropTech industry these words have never been more accurate. The uncertainty around COVID-19 has without doubt had an adverse impact on confidence, and with the future of the property industry ever changing, it’s become more important than ever for PropTech companies to plan ahead and monitor their cash flow.
Managing cash flow can be challenging at the best of times, but in the current economic climate there are further additional aspects that PropTechs need to consider:
Capital Gains Tax: changes ahead?
The Office of Tax Simplification (OTS) has published its first report as part of the Capital Gains Tax (CGT) review undertaken at the Chancellor’s request to ‘identify opportunities relating to administrative and technical issues as well as areas where the present rules can distort behaviour or do not meet their policy intent’.
Offshore Trusts – a ‘must review’ before 72% CGT in 2021?
If you are a trustee of a non-UK resident trust (offshore trust) or a UK resident beneficiary of such a trust, this five minute read may change your future.
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COVID-19: Assistance for the self-employed
This article was last updated on 5 November at 13:20. Self-employed people have been hit hard financially by the COVID-19 pandemic. The Government has announced an unprecedented package of assistance for business, employees, and for the self-employed whose business has been adversely affected by the COVID-19 crisis. Self-Employment Income Support Scheme: HMRC checks eligibility of businesses which have ceased […]
COVID-19: Corporate summary page
This article was last updated on 5 November at 13:45. This is haysmacintyre’s dedicated page for corporates on the range of financial, tax and accounting measures being introduced to combat COVID-19 together with our related thoughts and insights on helping businesses with their cash flow and compliance requirements. We know what impact a recession, new technology, […]
COVID-19: NFP summary page
This article was last updated on 5 November at 13:45. This is haysmacintyre’s dedicated page for charity and not for profit organisations on the range of financial, tax and accounting measures being introduced to combat COVID-19 together with our related thoughts and insights on helping organisations with their cash-flow and compliance requirements. haysmacintyre’s award winning Charities […]