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Insights

Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.

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14 January 2021

  • Employer Services
  • International Tax
  • VAT & Duty
  • Brexit
Brexit two weeks on – what do you need to consider?

As we digest the details of the trade deal, we wanted to share with you some more detail on the common conversation topics we are having with our clients.

Max Chassels

Max Chassels

Tax Partner

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14 January 2021

  • Corporate Tax
Could preference shares prevent you from qualifying for Business Asset Disposal Relief?

Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, is a relief which allows an individual to benefit from a reduced rate of 10% Capital Gains Tax (CGT) when selling shares in a trading company. There have been a few cases recently where HMRC has challenged whether BADR should be available on a disposal of shares, and this has come down to how the definition of ordinary share capital is applied. A recent case, HMRC V Warshaw, is a good example of this.

Donald McNaught

Donald McNaught

Restructuring Partner

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14 January 2021

  • Restructuring
  • Coronavirus
FACTS to help improve the health of your business during COVID

In this short blog, I’ve put together my own corporate COVID FACTS advice for companies that may have become distressed in recent weeks and months.

Ryan Diplexcito

Ryan Diplexcito

Perth Office Head & Business Advisory Partner

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13 January 2021

  • Coronavirus
Extended support for the hospitality, retail and leisure sectors announced

The Finance Secretary, Kate Forbes announced a significant top-up to the grant support available for hospitality, retail and leisure businesses across Scotland closed by level 4 restrictions.

Alan Hamilton

Alan Hamilton

Corporate Finance Partner

08 January 2021

  • Business Resilience
  • Corporate Finance
Debt funding: accessing the opportunity

Since the initial lockdown back in March 2020, banks understandably have prioritised their efforts in supporting existing customers. As we now return to a national lockdown, many businesses will understandably be concerned about their immediate cash flow. Alan Hamilton, Corporate Finance Director, discusses further.

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