News & Articles
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Read moreKey economic themes for 2021
Read moreAs the Prime Minister grapples with the Covid 19 pandemic, his next door neighbour, the Chancellor, is faced with presenting a Budget that is arguably the most challenging in recent memory. The UK is billions of pounds - c£400 billion - in the red and currently there is no definitive date …
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Insolvency – the clue’s in the name
Read more2020 has been a year to remember for many reasons. One such reason has been the number of well-known and long established household brands that have fallen into insolvency. Not all insolvencies are the same however, and one clue as to what that means for a business, can be …
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Read moreIs the writing on the wall for floating charge lending?
Read moreHMRC regaining preferential creditor status may mean the end of the line for floating charge lending, as our team explores below. Preferential status Following the implementation of the Finance Act 2020, HMRC will once again become a preferential creditor in insolvencies that commence on or after 1 December 2020, ranking …
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Read moreStamp Duty holiday: your questions answered
Read moreThe housing market is currently enjoying a boom, as buyers rush to take advantage of the temporary Stamp Duty Land Tax (SDLT) holiday, which was introduced as part of a range of measures designed to provide economic support through the Covid-19 pandemic. Until 31 March 2021, the normal rate …
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Read morePost-Brexit business immigration: What is the current situation for employers?
Read moreAs the UK prepares its formal exit from the EU on the 31st January, many businesses who recruit from overseas or who have operations within the EU are facing a significant degree of uncertainty. To assist these businesses, our dedicated employment and business immigration team has pulled together the facts …
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Read moreFinancial Support Schemes for businesses: What's the latest?
Read moreIn these challenging times, our teams have been receiving a high volume of queries from clients on the timely issue of which financial support schemes are currently available to businesses and how they can be accessed. To help our clients, Nick Scott, partner in our Corporate team has collated some …
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Read moreBoris's Plan for All Ships to be Green!
Read moreWeek commencing 16 November saw UK Prime Minister Boris Johnson announce his 10 point plan for a green industrial revolution in the UK. Understandably, the headlines centred upon the decision to bring forward the deadline for banning the sale of petrol and diesel cars to 2030 and further increases in …
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Read moreCOVID-19 business interruption test case hits the Supreme Court
Read moreThe Supreme Court will make a final judgement after the hearing, which starts this week and is expected to last four days, giving some clarity on whether or not business interruption insurers must pay out on COVID-19 claims. Mike Wilson, Partner in our Litigation and Dispute Resolution team is …
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Read moreUpdate on the Extended Coronavirus Job Retention Scheme
Read moreFollowing the Government's recent announcement that the Coronavirus Job Retention Scheme (CJRS) will be extended until 31 March 2021, HMRC has now published guidance dealing with the requirements of the extended scheme. The main headlines for employers are as follows: The new guidance is incorporated in several documents aimed …