The Government has proposed a number of relaxations to the UK’s Insolvency laws, including an announcement that wrongful trading rules will be temporarily relaxed, retrospectively from 1 March 2020, for three months. Ordinarily, where a company continues trading where insolvency is likely, the company’s directors can be held personally liable for debts incurred whilst “wrongfully […]
The government has announced two new support packages aimed at helping companies driving innovation and development to continue to operate through the coronavirus outbreak. Research and Development The UK already has generous tax reliefs for companies carrying out Research and Development (R&D) activities, and has now announced an additional support package aimed to help Small […]
The team at Charter Tax, like everyone else, has been inspired by the fundraising efforts of Captain Tom Moore in the run-up to his 100th birthday and recently made a donation to his fundraising page. Captain Tom had set himself a target of walking 100 lengths of his back garden (ten lengths a day) to […]
In the current “lockdown” environment enforced by the government in response to Covid-19, there has been a huge rise in the number of people working from home instead of heading into the office every day. It’s fair to say the Charter Tax “office” dogs are very happy with the new working arrangements, and are delighted […]
Advice for Employers As reported in our earlier news articles, the government has announced a number of support measures aimed at helping employees. The guidance on these measures has been slowly emerging since the schemes were originally announced, and this help sheet aims to summarise the information currently available. In particular breaking news announced today (17 April) […]
Charter Tax has merged with a specialist private client practice in London owned by Richard Hall. The two firms have particular expertise in international tax matters and saw a perfect fit with the two businesses. “Richard and I have known each other for many years through our work in the field of international tax,” says […]
As promised, Rishi Sunak has today announced the Government’s package to support the self-employed while the country is on “lockdown” due to the spread of the Coronavirus, with a view to equalising the support available to the self-employed and Employed. Rishi described the package as “one of the most generous in the world that […]
Coronavirus Help Sheet In the ever evolving developments of the world’s fight against Coronavirus (COVID-19), you will no doubt have seen that the UK government are releasing measures to support businesses and individuals. Although the help available is updated regularly, with new measures introduced daily, we have summarised below the current measures that are available: […]
Charter Tax Consulting Ltd Spring Statement: 11 March 2020 Client Summary Note Introduction New Chancellor, Rishi Sunak, was very positive in his first Budget Speech today. As one may expect, there was much talk of providing support while the (inevitable?) impact of COVID-19 takes its toll. That said, however, the Chancellor remained buoyant and determined […]
The Budget is set for Wednesday 11 March and, as ever, the team here at Charter Tax will listen intently to the speech, before producing a summary which will be available for our clients by email (and added to our website) later the same day. With our many years of experience, we are well placed […]