IFRS 16 leases rules have changed 1 January 2019
Leasing is very common and is often used as a financing solution to access buildings and equipment without suffering large up-front cash outflows. Most of a company’s operating leases to date tended not to be shown on the balance sheet. Going forward the introduction...
Changes to business risk reviews for large Business Customers from 1 October 2019
Hawsons have worked with many Large Businesses and International groups over the years so that they can introduce the appropriate systems and procedures and achieve “low Risk status” with HMRC. Part of this process has been to liaise between the Businesses and HMRC to...
Tax Rates 2019/2020
We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As the UK...
Spring Statement 2019
Amidst all the Brexit debates, the Chancellor Philip Hammond presented his second Spring Statement on Wednesday 13 March 2019. In his speech the Chancellor provided an update on the economy and responded to the Office for Budget Responsibility forecasts. In addition...
