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
Cost of Professional Tax Advice on Demerger
Richard Coombs, Tax Partner at Bates Weston looks at why separating businesses or assets through a demerger is worth the cost of professional tax advice.
Museums and Galleries Exhibition Tax Relief claims
Sean Douglass, Audit Partner at Bates Weston considers Museums and Galleries Exhibition Tax Relief (MGETR) claims – who can claim it, what can be claimed for and what it is worth.
A warning not to cut corners on R&D claims
Craig Simpson, tax partner at Bates Weston stresses the need for rigorous attention to detail and issues a warning not to cut corners on R&D claims
Eat Out to Help Out
If your business sells food for immediate consumption on your premises, has a dining area for eat in meals and was registered as a food business with your Local Authority on or before 7 July, you can register to participate in the Eat Out to Help Out scheme from 13 July.
Tax planning and asset protection
In a time of economic uncertainty, thoughts turn to asset protection – protecting business assets should your business suffer and passing on personal assets to future generations.
The Chancellor explains his plan for jobs
A summary of the Chancellor’s plan for jobs – including Job Retention Bonus, Kickstart Scheme, Green Homes Grant, Stamp Duty Land Tax , VAT for hospitality & tourism sector and “Eat Out to Help Out”.
Green Homes Grant
Rishi Sunak is set to announce a £2bn Green Homes Grant to provide home efficiency upgrades which will save carbon and create jobs.
Maintaining records to support NHS Test and Trace
As sectors of the economy safely reopen under Covid-19 secure guidelines, here is a simple summary of the records you will need to keep for 21 days to help NHS Test and Trace combat the virus.
Summer Economic Update – 8 July
What can we expect from Rishi Sunak’s economic update on July 8? The CBI suggests he will focus on protecting and creating jobs.
Merger, Demerger and Reorganisation
In the third in our series of company tax planning articles, Liz Pepper, Senior Tax Manager at Bates Weston looks at the use of merger, demerger and reorganisation as a tax planning tool.
Green Recovery Challenge Fund
The £40 million Green Recovery Challenge Fund announced yesterday will help charities and environmental organisations start work on projects across England to restore nature and tackle climate change.
Future Fund changes
From 30 June, more start ups and innovative firms will be able to apply for investment from the government’s Future Fund.
Amendments to the Finance Bill 2020
Amendments to the Finance Bill include treating coronavirus payments as taxable income, not disadvantaging those who came out of retirement or usually work abroad to help in the pandemic, treating Covid-19 as an exceptional circumstance for higher rate SDLT reclaims and encouraging Future Fund investors.
Simpler licensing process for outdoor dining
Simplified licensing process for outdoor seating for pubs, restaurants and cafes will allow them to use car parks and terraces as dining and drinking areas, under their existing seating licenses.