Insights
The latest knowledge, ideas
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FRED 82 – The shakeup might have wide reaching commercial impact
1min read
Consultation on FRED 82 ended in April. Its proposed changes to FRS 102 are likely to have a significant impact on brokers. Partner Satya Beekarry says that brokers should start planning now.
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Cybersecurity due diligence on acquisitions
1min read
Michael Corcione explains why cybersecurity needs to be one of the priority areas for acquiring firms’ transaction due diligence and highlights the key areas for focus.
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Common VAT misconceptions
1min read
We take a look at the most prevalent VAT misconceptions that could cause your business to come a cropper.
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Cryptoassets: a new twist in the story
1min read
Partner Stephen Kenny explores how cryptocurrencies are taxed in this short article.
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It’s the economy, stupid!
1min read
Market analysis – Q2 2023 I wish Sir Nigel Wilson, the former head of Legal & General, and Penny James, the ex-Direct Line CEO, together with the other City bigwigs that have been appointed by the Capital Markets Industry Taskforce, the very best of luck! Their mission, to devise a plan to reinvigorate the attractiveness…
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Overseas relief: how to make the most of it
1min read
Whether you are a famous sports star or just someone who works abroad a lot, you could save large sums with this relief if you qualify.
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Company cars: back with a difference
1min read
Electric company cars can save employees and employers tax and NICs, but how does a salary sacrifice arrangement work?
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Mixed membership partnerships: beware the complex rules
1min read
We look at the pros and cons of having a corporate partner in the mix, and the additional care needed for their tax reporting.
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How much does it cost to liquidate a company?
1min read
This article looks at the costs of a Creditors Voluntary Liquidation – where directors choose to liquidate a company which cannot pay its debts, rather than Compulsory Liquidations (where a creditor forces a company into liquidation through court action) or solvent liquidations (also known as Members Voluntary Liquidations or MVLs).
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Disguised investment management fees
1min read
The Disguised Investment Management Fees (DIMF) are broad anti-avoidance rules designed to prevent management fees from arising for the benefit of an investment manager in a way that has not been subject to UK tax.
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Carried interest
1min read
Carried interest is the share of the profit earned by the fund due to the investment managers on the funds’ investments.