OUR LATEST INSIGHTS

Blog8th Dec 2022

Say hello to HMRC’s new VAT penalty & interest rules

The current default surcharge regime for VAT has often come in for criticism, with the penalties applied being disproportionate to the length of delay. From 1st January 2023, a new VAT penalty regime will replace the outgoing default surcharge system.…

By Alistair Duncan

Blog7th Dec 2022

National Grief Awareness Week

National Grief Awareness Week will take place between 2nd – 8th December 2022. The purpose of this week is to raise awareness across all aspects of grief and loss on a national scale. This year’s theme is “To open conversations…

Blog7th Dec 2022

SME restructuring plans: HMRC debt cram down

The High Court in London recently sanctioned a Restructuring Plan for Houst Limited despite opposition from HMRC, one of the company’s major creditors. Our Restructuring team explains the significance of the case. Restructuring Plans were introduced as a Business Recovery…

By Gary Digney

Blog30th Nov 2022

Important year end considerations for the United States

The United States tax year ends on 31st December and as a result the next few weeks are key for employers to ensure that payroll has captured all of the necessary information before close. It is important for employers to…

By Jessica Constable

Blog28th Nov 2022

HMRC gain yet more visibility to Digital & Offshore Assets

It is well documented that global tax jurisdictions are struggling to keep tabs on the digital economy. It is therefore unsurprising that countries are keen to work together to help them pin down individuals and businesses who are not reporting…

By Lynn Gracie

Blog23rd Nov 2022

Christmas: An Employers’ Guide to the Tax & NIC Implications

Now that Christmas is upon us (“oh yes, it is!”) employers will be turning their attention to their own employees, having planned the much-awaited Christmas party! There may also be gifts for staff and even children’s Christmas parties for employee…

By Gillian Forrest

Blog23rd Nov 2022

10 Top Tips on conducting an effective 1:1 meeting

1:1 meetings are an essential tool for managing performance of all staff. Line managers must make space to meet on a regular basis with members of staff to confirm expectations and discuss how they and their work are progressing. You…

By Louise McCosh