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A round up of our latest blogs, commentary or office news. Get in touch if you need more details on any of the topics covered.

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Plans to protect jobs

Plans to protect jobs

The Chancellor has outlined his plans to protect the jobs and livelihoods of millions, as the country continues to try and manage the virus. Here is our summary.

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Further support needed for SMEs

Further support needed for SMEs

Against a backdrop of rising Covid infections and a reduction in government support, will SMEs be able to survive cashflow pressures and Covid debt burdens? Much needed help may be on the way as the CBI and financial services sector call for change.

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Kickstart leaves SMEs confused

Kickstart leaves SMEs confused

Outline of the Kickstart scheme, eligibility criteria and links to DWP contacts for employers who wish to take part following initial concerns that those offering less than 30 placements could not access information.

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Business exit planning and tax

Business exit planning and tax

Exit date, sale to a third party, MBO, family successor, shareholder buyout – has your business exit planning been affected by Covid-19? As a business owner, your decisions have far reaching consequences for you and your dependents. Take them after exploring your options fully with professional tax advisors.

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Professionally qualified tax advisers

Professionally qualified tax advisers

The importance of using professionally qualified tax advisers is recognised by the government and it may become a legal requirement for all advisers giving tax advice on a commercial basis to be a member of a professional body. Rest assured Bates Weston’s tax team are members of the CIOT and ICAEW.

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Company Car v Van – the tax difference

Company Car v Van – the tax difference

Company cars and vans, when used privately by employees are treated differently for tax purposes, with vans generally treated more favourably than cars. We look at the grey area of multipurpose vehicles.

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Keep a watchful eye on trading status

Keep a watchful eye on trading status

In part 7 of our Tax Planning Guide series, Cassandra Graham, Senior Tax Manager at Bates Weston urges us to keep a watchful eye on trading status, as the tax implications are significant.

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