The most common question at the moment is what happens where a Group company (ConstructCo Ltd) carries out the construction work and charges to a fellow Group subsidiary company that owns the property (PropCo Ltd).

Construction industry and the VAT Reverse Charge

Matthew Cook - Managing Partner - mcook@goodmanjones.com

Published on 4th February 2021

Categories:

• Property & Construction
• Tax

Preparing your business to succeed in 2021 and beyond is a very big topic and raises many commercial, legal and tax questions around the areas of; workforce, workplace, having the right structure, making commercial relationships work given the new challenges and the management of change.

Preparing to Succeed in 2021 and beyond: Commercial, legal and tax questions from British businesses

Larry Phillips - Consultant - lphillips@goodmanjones.com

Published on 25th January 2021

Categories:

• Business Tax
• Tax
• UK Business & Entrepreneurs

The initial news from the ports on the first working day since the UK left the EU was positive in terms of smooth passage through the port, but with levels of traffic reduced and the finalisation of the deal only coming a few days before the holiday break, this may be a false sign.

UK VAT changes post Brexit – A brief overview

Cetin Suleyman - Partner - csuleyman@goodmanjones.com

Published on 7th January 2021

Categories:

• Business Tax
• Tax
• UK Business & Entrepreneurs

The developer ended up paying the right amount of tax based on what actually happened, but he paid a high price for not spotting, or being advised of the dangers that occupation of the property would bring.

Stamp Duty Land Tax – Losing the relief

Cetin Suleyman - Partner - csuleyman@goodmanjones.com

Published on 3rd December 2020

Categories:

• Property & Construction
• Tax

Family businesses could see three key areas impacted by changes to capital gains tax proposed by the Office for Tax Simplification

What do the changes to CGT mean for family businesses?

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Published on 2nd December 2020

Categories:

• Family Businesses
• Individuals & Families
• Personal Tax
• Tax
• UK Business & Entrepreneurs

Video games tax relief is tax relief available for video game developers and it allows you to get extra reliefs based on how much you spent developing a game.

The Business of Video Games – Podcast with Waving Bear Studio

Mike Marlow - Audit Manager - mmarlow@goodmanjones.com

Published on 26th November 2020

Categories:

• Creative Industries
• Tax

With an increased compliance burden, the value of Gross Payment Certificates are heightened, and as such, construction businesses must ensure that their HMRC compliance history remains unblemished in spite of current pressures on cash.

Changes to the Construction Industry Scheme (CIS) 2020

Cetin Suleyman - Partner - csuleyman@goodmanjones.com

Published on 19th November 2020

Categories:

• News
• Property & Construction
• Tax

With glimpses of the end of the pandemic in sight, it would seem prudent to accelerate existing plans for company liquidations and asset disposals ahead of the Budget expected next spring.

Back to the Future for CGT?

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Published on 12th November 2020

Categories:

• Family Businesses
• Individuals & Families
• News
• Personal Tax
• Tax
• UK Business & Entrepreneurs

We have heard that some British businesses have spent months recently trying to get paid by EU customers, given the 1st January is almost upon us, it may be wise to have a subsidiary in place as a precautionary measure.  It is a relatively quick thing to set up and can be in place in time.

Do I need to set up new bank accounts in order to continue to trade with EU?

Graeme Bursack - Partner - gbursack@goodmanjones.com

Published on 16th October 2020

Categories:

• International
• UK Business & Entrepreneurs

The new measures include a more targeted Job Support Scheme to follow on from the end of the Job Retention scheme; further grants for the self-employed and an extension of the VAT reduction for the hospitality and tourism sector.

Winter Economy Plan

Richard Verge - Tax Director - rverge@goodmanjones.com

Published on 25th September 2020

Categories:

• Tax