Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
14 January 2021
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.
14 January 2021
FACTS to help improve the health of your business during COVIDIn 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.
13 January 2021
Extended support for the hospitality, retail and leisure sectors announcedThe 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
Corporate Finance Partner
08 January 2021
Debt funding: accessing the opportunitySince 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.
08 January 2021
Banking in a cashless society‘Card payments only’. ‘Contactless preferred’. ‘No cash accepted’. These phrases will be familiar to anyone who has ventured out to the shops since the onset of the coronavirus pandemic. While businesses have embraced big change in an effort to protect staff and reduce unnecessary physical contact; ‘small change’ has suffered the opposite fate.
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