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Welcome to our April instalment, the year is simply flying by, isn’t it? In this month’s newsletter, we’re going to be looking at how to make a success of hospitality reopening, adjusting to the new normal, IR35 changes and more.
As we reported back in July 2020, plans for the VAT reverse charge in the construction sector were postponed for the second time and will now come into force in March 2021. Despite having fair warning of the changes, there will still be many companies in the sector that are unprepared for this significant alteration.
A tax expert has stepped in to clear up confusion over Capital Gains Tax (CGT).
Now more than ever we should be thinking carefully about how our records, media and analogue materials should be accessed in times of restricted access. With media on-line this allows archives to be stored safely and their digital counterpart used for accessing.
Recent changes to the taxation of UK property held by non-UK residents have meant a fundamental reshuffle of tax planning in the lettings market. The changes include the taxation of rental income received by non-resident corporate landlords under corporation tax instead of income tax, with effect from 6 April 2020.
The rapid disruption caused by the various social distancing measures has resulted in a liquidity shock to many businesses. Therefore, we would like to circulate what we have learned about the various financing and government support options expected to be available to date.
Capital gains tax (CGT) rules on residential property are being tightened from April 2020, so farmers and landowners should consider completing any planned sales before this deadline, advises experts at Whitley Stimpson.
Winning awards can often mean just another trophy in the cabinet to say that you have worked hard and have efficient staff doing a good job. In the world of accountancy though, award schemes are far more complicated and essential for gauging performance on so many different levels.
Whitley Stimpson, one of the largest independent accountancy practices and business advisers in the area, are delighted that their Payroll Manager, Tracy Gill, has been included in the category of ‘50 Leaders within the Knowledge and Professional Services’ on the prestigious Reward 300 2019 Index.
Ian Parker has been made director at chartered accountants and business advisers Whitley Stimpson.
Laura Herbert has been appointed as the new director of accountancy firm Whitley Stimpson’s Bicester office.
Marking the anniversary of Chapman Robinson & Moore accountants and business advisers
