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NIC reliefs set for Freeports

Freeport operators will be able to take advantage of a zero rate of secondary national insurance contributions (NICs) for employees, the government has announced. The National Insurance Contributions Bill 2021, which legislates reliefs for those operating in...

Covid-19-related rent concessions

The Financial Reporting Council (FRC) has issued amendments to FRS 102 and FRS 105 – Covid-19-related rent concessions beyond 30 June 2021   To help them through the pandemic, many businesses that lease property have been supported by their landlords and have...

The Charities Bill

What is it? The Charities Bill was drawn up to simplify a number of processes to assist charities needing to consolidate and/or restructure. The Bill will implement the majority of recommendations made by the Law Commission in its report published in 2017. It will do...

Hospitality businesses increase menu prices

The pandemic has forced the hospitality sector to close its doors for the best part of 12 months. These periods of closure have caused rising levels of debt and along with the pressure of increased costs have resulted in many businesses increasing their customer...

Fifth SEISS grant will be open to claims from late July

HMRC has confirmed that the fifth Self-employment Income Support Scheme (SEISS) grant covering the period May 2021 to September 2021 will open to claims from late July. To be eligible for the grant, an individual must be self-employed or a member of a partnership....

VAT changes for sales to EU from 1 July 2021

The European Union is making changes to the VAT treatment of supplies of goods and services to EU non business customers. These changes take effect from 1 July 2021. Goods Under the existing rules sales of goods by non-EU businesses to the EU, customers are not...

Hawsons advise on sale of specialist engineering firm

The Hawsons Corporate Finance team has advised the shareholders of Denley Hydraulics on their sale to specialist engineering group, SCX. Denley Hydraulics is a specialist provider of bespoke electro-hydraulic systems to a variety of industries including aerospace,...

NIC reliefs set for Freeports

Freeport operators will be able to take advantage of a zero rate of secondary national insurance contributions (NICs) for employees, the government has announced. The National Insurance Contributions Bill 2021, which legislates reliefs for those operating in...

Covid-19-related rent concessions

The Financial Reporting Council (FRC) has issued amendments to FRS 102 and FRS 105 – Covid-19-related rent concessions beyond 30 June 2021   To help them through the pandemic, many businesses that lease property have been supported by their landlords and have...

The Charities Bill

What is it? The Charities Bill was drawn up to simplify a number of processes to assist charities needing to consolidate and/or restructure. The Bill will implement the majority of recommendations made by the Law Commission in its report published in 2017. It will do...