For many small, unquoted companies – it may be difficult to find a purchaser when a shareholder wishes to dispose of their shareholding. In this article, we look at company purchase of own shares. The company may be owned by a limited number of individuals,...
It is being reported that there are an increasing number of people being ‘pinged’ by the NHS COVID-19 App. The terminology ‘pinged’ is referring to when a person is sent an alert by the App. The App sends anonymous alerts if the user has been in close contact with...
“There’s a warnin’ sign on the road ahead” says Nick Forsyth as he considers the issues businesses face connected to Freedom Day In what became an expected move, our Government predictably threw the workplace safety measures back into Employers faces with effect from...
Many companies will experience short-term trading and cashflow issues during their lifetime. If these become significant and the company is unable to recover, then the Directors may need to consider placing the company into insolvency. In law, a company is insolvent...
Covid has brought many changes to our lives including announced changes by HMRC to the tax relief provided for staff parties. Historically a £150 per head exemption existed for social functions and parties. To be exempt the function must: Be open to all employees. Be...
Employees can claim Tax Relief for working at Home due to Coronavirus HMRC have confirmed that employees can claim tax relief for working at home due to Coronavirus for the 2020/21 and 2021/22 and tax years. HMRC have an online portal allowing individuals to make the...
