Summer Statement Update
The Chancellor announced his Summer Statement on 8 July. This is the second phase of the Government’s economic plan to battle the Coronavirus pandemic.
Read full articleOUTLAYS – Postal Searches
HMRC has published a brief which now removes the concession for postal searches which allows solicitors to treat fees for postal searches as disbursements.
Read full articleNew Rules on Capital Gains Tax (CGT) for disposal of Residential Properties
From 6 April 2020, The Government will be introducing new rules for reporting and paying tax for individual and trusts when they are disposing of a residential property. Please note the new legalisation will not apply to companies.
Read full articleChallenges facing the hospitality and tourism sector post Covid-19
As we enter the next phase of the Covid-19 pandemic, beyond lockdown and government funding and look ahead to “the new normal”, it cannot be underestimated that the most critical requirement for businesses at this time is the need to continually review and plan for the road ahead and adapt where necessary. Shauna McStravick of CavanaghKelly examines some of the considerations below.
Read full articleNew Insolvency Rescue Procedures to help Northern Ireland Businesses
The Government has announced major changes to UK insolvency legislation in an effort to further assist businesses as they deal with the effects of what is the biggest challenge to the economy in our lifetime.
Read full articleGetting Back to Business – The ‘New Normal’
For most businesses and many self-employed workers in the UK & Ireland, the last 6 weeks has been focused on taking steps to manage business in a state of lockdown. For many the impact has been huge, being a significant reduction, if not a total loss of revenue.
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