News
A round up of our latest blogs, commentary or office news. Get in touch if you need more details on any of the topics covered.
Latest posts
Types of company demerger
An overview of the three main types of company demerger – liquidation demerger, capital reduction demerger and statutory demerger.
Business separation demerger
Richard Coombs, tax partner at Bates Weston looks at selling part of a business and considers whether a business separation demerger is the answer.
Job Retention Bonus
More details on the Job Retention Bonus. Find out which employers can claim it, which employees they can claim for and how to prepare for the claim.
Tax advice from our expanding tax advisory team
Bates Weston Tax welcome Liz Pepper to our growing tax advisory team. Major decisions, especially for owner managers, have far reaching impacts. Our job is to help them take the big decisions with confidence. Recognised by Tolleys’ for our work with OMBs, we offer rounded practical tax advice.
The Winter Economy Plan and Brexit
Looking for the positives in the Winter Economy Plan and preparatory steps for the end of the Brexit transition period 31 December 2020.
Plans to protect jobs
The Chancellor has outlined his plans to protect the jobs and livelihoods of millions, as the country continues to try and manage the virus. Here is our summary.
new Covid-19 restrictions
A summary of the 5 additional Covid-19 restrictions announced by the Prime Minister today.
HMRC writes to VAT registered businesses trading with EU
HMRC has begun writing to all VAT registered businesses currently trading with the EU, to explain the steps they need to take to prepare for the new trade arrangements from 1 January 2021.
New grants for businesses affected by local lockdowns
Government has announced that businesses in England required to shut because of local lockdown interventions will now be able to claim a grant of up to £1,500 per property every three weeks.
Further support needed for SMEs
Against a backdrop of rising Covid infections and a reduction in government support, will SMEs be able to survive cashflow pressures and Covid debt burdens? Much needed help may be on the way as the CBI and financial services sector call for change.
Kickstart leaves SMEs confused
Outline of the Kickstart scheme, eligibility criteria and links to DWP contacts for employers who wish to take part following initial concerns that those offering less than 30 placements could not access information.
Business exit planning and tax
Exit date, sale to a third party, MBO, family successor, shareholder buyout – has your business exit planning been affected by Covid-19? As a business owner, your decisions have far reaching consequences for you and your dependents. Take them after exploring your options fully with professional tax advisors.
Professionally qualified tax advisers
The importance of using professionally qualified tax advisers is recognised by the government and it may become a legal requirement for all advisers giving tax advice on a commercial basis to be a member of a professional body. Rest assured Bates Weston’s tax team are members of the CIOT and ICAEW.
Self-isolation on return to the UK
We look at current government guidance on self-isolation on return to the UK and how employers should respond.