Our client, a French private company, is an internationally renowned firm known for its high-end acoustics and sound equipment.  The company was looking to acquire a UK based company.

This article was last updated on 22 May at 11:45.

This article was last updated on 20 May at 16:15.

This article was last updated on 20 May at 16:15.

COVID-19 has caused significant challenges to all businesses, and independent schools are no exception. There has been a huge amount of work done across the sector over the last few weeks and months to move towards an online method of provision. However, there are still significant unknowns as to what the actual impact on school’s income may be.

Our comprehensive video series features guidance from experts at Cazenove Capital, haysmacintyre and Farrer & Co. on key investment, accounting, reporting, and legal concerns for charity trustees, with special focus on handling the ongoing COVID-19 crisis.

This article was last updated on 13 May at 10:25.

This article was last updated on 13 May at 17:25.

COVID-19 is clearly having a significant impact on many UK businesses, although it’s still unclear as to what the full impact will be over the coming months. Businesses are continually evaluating short-term and medium-term liquidity and to do this effectively, it is important to understand what your business can do and which government schemes are available to you. It is worth noting the difference between the schemes that will assist your cashflow and those that will only provide temporary cost savings. Preserving cashflow in the short-term is positive but be mindful that delayed payments will need to be made at some point in the future – and will not aid your regulatory capital resource position. Measures taken to reduce costs will have a permanent impact on your cashflow and capital adequacy as these amounts will not need to be paid down the line.

We have identified below which financial, tax and accounting measures may be relevant to your firm.

We are pleased to share with you that the latest version of the haysmacintyre Schools Briefing Summer 2020 is now available to download here.