07 Feb 2020
Review of off-payroll working rules
In January, the government launched a four-week review of the changes to IR35 “off-payroll” working rules scheduled to come into force in April, as the result of mounting criticism about...
06 Feb 2020
Insolvencies hit a six-year high in 2019
It was announced last week that insolvencies hit a six-year high last year amid uncertainty ahead of Brexit and stagnating economic growth. The number of company administrations in England and...
05 Feb 2020
Diary of main tax events February/March 2020
Below is a list of the main tax events coming up for February and March 2020. It is important to be aware that filing your tax return late or failing...
31 Jan 2020
Office take up in central London jumps
Fresh evidence that the London office space market is thriving has been brought to light, with new figures showing that office take up in capital's centre has jumped in the...
30 Jan 2020
Beavis Morgan confirms continued sponsorship of BTCC’s Ollie Jackson
Ollie Jackson has his sights set on glory in the Independents Trophy after confirming his return to the British Touring Car Championship (BTCC) at the wheel of a newly-built Motorbase...
29 Jan 2020
A decade of bizarre excuses for the late filing of a tax return
With just a few days to go until the 31 January self-assessment deadline, HM Revenue & Customs (HMRC) has published a list of the strangest and most imaginative excuses and...
28 Jan 2020
BM Advisory appointed Administrators of Tough Mudder Ltd
Michael Solomons and Andrew Pear of Beavis Morgan group business BM Advisory LLP, the specialist restructuring, recovery and insolvency firm, were appointed as Joint Administrators of Tough Mudder Ltd on...
27 Jan 2020
£1.7bn Brexit boost for SMEs
A new survey has revealed that British businesses are planning a £1.7 billion investment boost over the next two years, as Brexit uncertainty comes to an end. The findings show...
27 Jan 2020
FSB phishing scam alert
The Federation of Small Businesses (FSB) has been made aware of spam emails being sent to people which appear to be an invoice from FSB. The organisation has confirmed that...
25 Jan 2020
Passing on the family home
The Labour Party was proposing to reverse the recent Conservative Party inheritance tax (IHT) cuts if elected. They were referring to the additional nil rate band for passing on the...
24 Jan 2020
For most taxpayers, the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both contributions by the individual and their employer. Note...
17 Jan 2020
Gifts out of surplus income
Inheritance tax (IHT) only applies to gifts of capital. There is currently a very generous exemption from IHT for regular gifts out of income. In order to qualify for the...
15 Jan 2020
New code to increase effectiveness of internal audit
The Chartered Institute of Internal Auditors has announced that a new code for internal auditors has been launched, in an attempt to safeguard against corporate misconducts. The launch of the...
13 Jan 2020
Don’t forget there may be tax to pay on your dividends in January
The rules for taxing dividends changed radically from 6 April 2016 with the removal of the 10 per cent notional tax credit and the introduction of new rates of tax...
09 Jan 2020
Confidence among UK SMEs falls to eight-year low
The latest Federation of Small Businesses (FSB) Small Business Index (SBI) for the fourth quarter of 2019 (Q4) has been released, revealing that business confidence is at its lowest level...