Most people know of the high-profile employee owned companies like Lush and the John Lewis Partnership.  Following new tax incentives introduced in 2014 by the government there has been a steady rise in employee owned companies and it is being used as an alternative solution to a trade sale or management buyout, to provide an exit for business owners. 

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You may notice that there has been a recent change to the government gateway account as below – please be assured this is appearing automatically on every VAT gateway account and not an indication that you have been signed up to the MTD for VAT pilot scheme. 

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The long-awaited legislation banning the cold-calling of those aged 55 and over, with pension funds, comes into force today.

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These could include investment portfolios or holdings in pooled investment funds. Such assets may deliver an invaluable income stream to help further your charitable aims and objectives particularly in an era of low interest rates available from cash deposits.

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Life expectancies are now much higher compared to previous generations; it is widely acknowledged that more of us will need care in our later years. The idea of ‘it will never happen to me’ is quickly evaporating and I would ask you to consider for a moment those you know who are currently in receipt of care

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CGT Entrepreneurs’ Relief enables individuals who dispose of all or part of a business at a gain to pay CGT at a rate of 10% (subject to a lifetime limit of £10m of qualifying gains per individual).

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Today HMRC have published their latest letter on GOV.UK to help businesses that trade with the EU get ready to deal with customs in the unlikely event that the UK leaves the EU without a deal on 29 March 2019.

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Our Plymouth office has been further strengthened by the arrival of Peter Elliott and Adam Croney.

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What is AEO?  

Authorised Economic Operator (AEO) is an international quality mark awarded by customs to businesses that are deemed to be safe operators with regards to controls and procedures for imports and exports and that these are efficient and compliant. 

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United Nations (UN) pensioners may be entitled to partly exempt some of their pension from UK taxation. 

The use of the word ‘may’ is deliberate, as whilst the part exemption has application to every UN pensioner resident in the UK, this part-exemption does not carry on indefinitely. Please read on for an explanation of why this is the case.

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