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The importance of a shareholders agreement

What is a shareholders’ agreement A shareholders’ agreement governs the relationship between shareholders. Its different to the Articles of Association and Company Law, which covers the relationship between the company and its shareholders. Without a shareholders agreement one shareholder can not usually bring an action against another shareholder. When can a shareholders’ agreement be important? […]

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Tax Planning Ideas for 2022

Tax Planning The end of the current tax year is approaching fast. But just because several weeks will pass before we embark on the new 2022-23 tax year doesn’t mean we can afford to be complacent. Leaving tax planning until April 1st could cost you money. Planning, by definition, means devising a strategy in advance. […]

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New Covid grants for the hospitality sector

Summary of the most relevant grants announced today Today (21/12/21) the UK Government announced a new package of support for the hospitality sector. The items that are most important to our clients are: Additional Restrictions Grant: One-off grants of up to £6,000 per premise for businesses in the hospitality and leisure sector Discretionary funding: discretionary […]

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The Registered Exporter System (REX) – New rules coming soon

EU Exporters need to register with REX by 1st January 2022 Since Britain’s departure from the EU European operators have been allowed to export goods into the UK without providing a formal declaration of origin to the UK importer (or to the UK authorities). The idea is that the exporter can do this retrospectively, and […]

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UK Healthcare for Europeans Visiting the UK

This article will give you the basic healthcare information you need if you’re planning to visit the UK. The information applies to you if you’re a national of any EU country or Norway, Iceland, Liechtenstein and Switzerland. The information we give doesn’t apply if the purpose of your visit is specifically to have medical treatment. […]

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Commercial Property – Freehold v leasehold?

This article will be of interest to business owners looking to buy a UK commercial property. Its aim is to give you a brief introduction to the key points to consider about whether to buy a property: outright (freehold); as a long leaseholder; or to rent a property as a short leaseholder. Freehold vs Leasehold […]

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End of the Stamp Duty Holiday

As part of the measures to support the economy during the COVID 19 pandemic, the Chancellor of the Exchequer introduced a Stamp Duty Holiday. This effectively suspended or reduced (depending on the value of the house purchase) Stamp Duty on house purchases. The holiday began on July 8th 2020, and is due to end on […]

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Corporation Tax Rates in the UK

There’s no better time to set up a business in the UK. The UK’s exit from the EU, combined with an expected post-pandemic lift to the economy, makes business in Britain an attractive proposition. However, there’s a more concrete reason why opening up in the UK deserves strong consideration. Corporation Tax (tax on company profits): […]

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