Professional Firms Insight – Summer 2019

14.08.19 / Insight posted in Articles

In this issue, we examine two old tax issues facing professional firms that have reared their heads again in recent times. Firstly, following recent HMRC announcements, we look at the different ways that a partner can claim tax relief on business expenses paid out of their own pockets. Secondly, after several years of inactivity, it appears that HMRC are now checking compliance with…

READ MORE

London Festival of Architecture: it really did have it all!

14.08.19 / Insight posted in Articles

I have to say hats off to the London Festival of Architecture team for yet another excellent demonstration of architecture in London. The festival highlighted the key challenges facing the industry in the short term, something a large number of practices have experienced. Many firms will need to be agile and willing to innovate in…

READ MORE

Tech update

13.08.19 / Insight posted in Articles

In this edition, we summarise our key takeaways from the Createch conference that took place in London in June. We also demystify some common misconceptions around R&D tax credits and guest author Pat Saini, Partner at Penningtons Manches Cooper, explores the immigration options for tech companies and entrepreneurs looking to bring talent to the UK.…

READ MORE

KSFA Summer Bulletin

09.08.19 / Insight posted in Articles

Welcome to the KSFA Summer Bulletin that I hope you will find of interest. 2019 continues to be an interesting year and without mentioning the “B” word, it still remains very important to keep on top of your financial planning. This is where we can help you. In this bulletin, we talk about the benefits…

READ MORE

Preparing for a no-deal Brexit: TSP – soothes the pain of EU imports

07.08.19 / Insight posted in Articles

With Boris Johnson at the helm at No. 10, it’s clear that the EU considers a no-deal Brexit very likely. British industry seems to be suffering from a mixture of inertia, oblivion and misunderstanding when it comes to preparing for a no-deal. A recent BBC Newsnight investigation found that almost no UK businesses importing from…

READ MORE

Pension division on divorce – new guidelines for lawyers

05.08.19 / Insight posted in Articles

Family lawyers will find the Pension Advisory Group’s newly published guide on dividing pensions in a divorce a welcome addition to their armoury. It clarifies and standardises the approach to this complex, confusing and widely misunderstood area. It methodically and comprehensively covers the essentials you need to know, such as computation, fair dealing, tax, state…

READ MORE

Insolvency statistics Q1 2019: largest fall in debt relief orders since Q1 2015

05.08.19 / Insight posted in Articles

The Insolvency Service has released the latest figures for Q2 2019. They report that underlying company insolvencies have increased compared with Q1 2019 and were higher than the same period in 2018. Individual insolvencies are down this quarter which is attributed to a fall in individual voluntary arrangements and debt relief orders. The fall in…

READ MORE

Kingston Smith Corporate Finance advises on sale of OOH media specialist

01.08.19 / Insight posted in Articles

Kingston Smith Corporate Finance has advised on the sale of market-leading digital out-of-home (OOH) creative services specialist Grand Visual and its digital OOH adtech provider QDOT to global OOH media agency Talon. The strategic acquisition enables Talon to further enhance its abilities across the US and to manage the increased demand for dynamic utilisation of the…

READ MORE

A helping hand for landlords facing a CVA

29.07.19 / Insight posted in Articles

Commercial landlords on the receiving end of a company voluntary arrangement (CVA) need to be aware of the implications of the terms proposed by a tenant. Insolvent businesses proposing a CVA can close underperforming stores and negotiate rent reductions, which clearly directly affects landlords. If you are a landlord finding yourself in this situation, there…

READ MORE

Is your website fit for the future?

25.07.19 / Insight posted in Articles

Is your organisation’s website five or more years old and/or non-responsive? If the answer is yes to either, then read on! For any not for profit organisation your website offers a virtual gateway to content rich information and self-service functions in a secure, mobile friendly environment. For existing and potential members it is your core…

READ MORE