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Post-COVID-19 working practices
After over a hundred days in lockdown, and with the realisation that the current situation is set to endure, thoughts are increasingly turning to how we will adjust to a ‘new normal’ in the workplace.
Medical and Grant Making Charities Briefing
Welcome to this briefing for medical research and grant making charities, current as of July 2020. In what is definitely a difficult time for the majority in the charity sector, at this time more than any other, finding appropriate and relevant advice at your fingertips is not always easy. Whilst we have spoken to many […]
Inheritance Tax planning in a time of suppressed values
The current circumstances that we are living through are having a devastating effect on financial markets and our investments are likely to be sitting at low valuations compared to the last few years. As the picture becomes clearer these will hopefully start to recover but is there an opportunity in the meantime to act whilst values are low? Inheritance Tax planning falls […]
The Chancellor’s Financial Statement: Full summary
We are pleased to share our full summary of the Chancellor’s Summer Economic Update from 8 July 2020. In his speech he stated that the government has taken decisive action to protect the UK economy but people are anxious about losing their job and the rise in unemployment. The Chancellor’s statement was therefore setting out […]
Highlights from the Chancellor’s Financial Statement
The Chancellor, Rishi Sunak, delivered a Summer Economic Update earlier this afternoon. The key tax measure announcements include: Confirmation that the Job Retention (furlough) Scheme will close, as scheduled, at the end October. A new Job Retention Bonus for employers of £1k for every employee brought back from furlough and still employed in January 2021. […]
Temporary VAT cut for the hospitality sector
The Chancellor announced on 8 July 2020 that VAT rates would be cut from 20% to 5% for businesses operating in the hospitality sector such as restaurants, cafes, pubs, bars and similar premises. The cut applies to suppliers of catering on premises, and hot takeaway food and non-alcoholic drinks, so it is not a blanket […]
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