We explore the world of motorsport tax with Pete Hackleton, Partner and Head of our Sports & Entertainment Group and also James Taylor, a Director who specialises in working with our motorsport clients. This episode uncovers the complex international challenges racing drivers face and the many tax considerations they must navigate. From establishing the right […]
The upcoming changes to FRS 102 (The Financial Reporting Standard applicable in the UK and Republic of Ireland) come into effect on 1 January 2026. With less than a year to go, businesses should start thinking about how to help prepare for these changes. What are the key changes? The introduction of the five-step model […]
Fidelius, the Bath-headquartered IFA firm, has acquired a non-controlling stake in Vobis Limited. Vobis is a financial planning business based across Leeds and London, specialising in high-net-worth clients. This deal marks the first stake Fidelius has taken in a business since it received investment from the Swedish wealth manager, Söderberg & Partners in 2024. This […]
Gosselin, a Belgium-headquartered global logistics and moving company, has acquired Doree Bonner International Group. This acquisition is part of Gosselin’s strategic plan to enhance its presence in the UK market and bolster its pan-European operations. Doree Bonner, with 11 branches across the UK, is recognised as one of the leading providers of moving services, including […]
Data management and consultancy services provider, Intellica, has acquired Cosan Consulting, a consultancy services firm known for its optimisation solutions for the employee benefits industry, to expand its pensions services offering. How we helped Our transactions services team, led by Hayley Brightmore-Cox and Erin Berry, provided financial due diligence services to Intellica and worked closely […]
This month, we comment on: Proposed changes to the Capital Goods Scheme, HMRC’s crack down on VAT groups in the care sector, Government considering how to increase VAT collection in the e-commerce sector and whether to abolish the low value import threshold, and Proposed changes to Temporary Admission relief.
Employee Ownership Trusts (EOTs) offer business owners a compelling exit strategy where they can transfer controlling interest in their company without paying any capital gains tax (CGT). Join Leonora Stevens and Mike Hodges as they discuss this increasingly popular exit route, that is beneficial for both owners and employees. If you’re considering an EOT, always […]
While many legal firms may already be familiar with the VAT issues associated with client account funds, a refresher can be invaluable. This article delves into the key points regarding the VAT implications of receiving interest on such accounts. Many legal firms will be in the process of preparing their quarterly VAT returns, and as […]
This month, we spotlight: The increase in US import tariffs, A court decision concerning the Tour Operator’s Margin Scheme for ride hailing services, A case concerning the VAT exemption for the provision of education services, and HMRC appealing the VAT rate of ‘Mega Marshmallows’ in court.
The Chancellor of the Exchequer, the Rt Hon Rachel Reeves MP, delivered her Spring Statement to Parliament on Wednesday 26 March 2025. One of the key changes introduced from 1 April 2025 is an amendment to late payment penalties. These changes will impact taxpayers registered for VAT and those under Income Tax Self-Assessment (ITSA) who […]
