News Archive – 2021
                    02-11-2021            
    
        For years businesses on the British high street have been calling for reforms to the business rates system. The Chancellor has finally announced new measures in the Autumn Budget that he claims will reduce the burden of business rates in England by over £7 billion over the next five years. The reforms are intended to            
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                    02-11-2021            
    
        The Help to Grow campaign was first announced in the Spring Budget earlier this year but received yet another mention in the Autumn Budget as the Government ramps up support for smaller businesses. It has been designed to help more than 100,000 SMEs access management training and advice on innovations that are focused on boosting            
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                    02-11-2021            
    
        UK businesses have had plenty to cope with over the last 20 months or so. Hammered by COVID-19, hit by a skills shortage and coping with sometimes patchy supply chains. So, it’s even more important that they have robust measures in place to tackle fraud. Fraud is simply the intent or the act of misrepresentation            
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                    02-11-2021            
    
        If you have to submit a Self-Assessment tax return to HM Revenue & Customs (HMRC), you only have a few weeks left to submit it online. The clock is ticking on the 31 January 2022 online tax return deadline – miss it, and you could face fines. The 2020/21 tax return covers earnings and payments            
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                    02-11-2021            
    
        Many small and medium-sized enterprises (SMEs) were hit hardest at the beginning of the pandemic. They had access to support, like the Bounce Back Loan, which was easier to access and had lower interest rates, but those only helped during the short term. Now a growing number of SMEs are struggling with debt. The latest            
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                    02-11-2021            
    
        Cost-saving will be key for many businesses struggling to get back up to speed after the pandemic. Many small and medium-sized enterprises (SMEs) were hit hard and now face higher inflation, skills shortages and rising wages. The Bank of England says the inflation figure could even hit four per cent by December. So, cutting costs            
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                    27-10-2021            
    
        With the Speaker of the House of Commons by tradition not presiding over the Budget, the Chancellor might have hoped he would escape a rebuke over the number of important announcements disclosed to the media in advance.            
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                    21-10-2021            
    
         Since 2017, any UK trust that pays income tax, capital gains tax, inheritance tax, or stamp taxes must register with the Trust Registration Service (TRS). HM Revenue & Customs (HMRC) opened the TRS on 1 September 2021 for non-taxable trusts. You must register: Non-taxable trusts in existence on or after 6 October 2020 by            
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                    21-10-2021            
    
        October sees the not-for-profit sector acknowledge Charity Fraud Awareness Week, an award-winning annual campaign by the Charity Commission. Charity leaders must look at ways to protect their organisations from cybercrime and fraudulent activities after new figures show that £8.6million of funds were lost in the financial year 2020/21. Action Fraud reported that 1,059 fraud incidents occurred            
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                    04-10-2021            
    
        The last month has highlighted the challenges that many businesses face when it comes to supplies and costs. Visions of people filling up plastic bottles with petrol or pulling trolleys of toilet rolls to their car may seem bizarre but they have become reality in the last year and this shortage of key supplies is            
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                    04-10-2021            
    
        Lots of businesses are seeking out finance at the moment, whether to fund an acquisition or finance investment, but given the challenges the economy faces, it is becoming increasingly difficult to secure the right deal. If a business hasn’t sought out finance for a while or there has been a significant change to their operations            
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                    04-10-2021            
    
        Have you ever considered buying a business? Whether you are an experienced entrepreneur or just starting out, acquiring a ‘ready-made’ business offers many advantages. For established businesses, buying a second company can help them break into new markets or acquire machinery, skilled workers or innovations that can help their operations grow. Meanwhile, new entrepreneurs can            
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                    27-08-2025            
    
        Following on from previous deal success in the Corporate Finance and M&A areas, we are delighted to have advised on 3 deals with a total value in excess of £1bn in the first half of this year. The deal team, led by Jitendra Pattani and Pauline Hudd, along with Jamie Muirhead, delivered a series of            
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