Biden’s $1.9tn stimulus set to boost global economy President Biden’s Covid-19 Relief Bill has been sold as a tool to boost the US recovery, but the wider world will also welcome the stimulus package. We know that when America sneezes the world catches a cold, and America has indeed been sick. However, the hope is
What will the UK Corporation Tax rise mean for my business? The corporation tax rise was one of the most talked about aspects of the UK Spring Budget 2021. The measure is the UK Chancellor’s first step in repairing some of the damage done to the public purse by the unprecedented spending in response to
UK Budget 2021: A summary of key announcements Chancellor Rishi Sunak has announced his Spring 2021 Budget promising further support for Covid-hit businesses and workers. As well as supporting and boosting industries ravaged by the coronavirus pandemic, the announcement also looked ahead to the difficult process of repairing the public finances. At a Glance
Disrupting a disruptor: The implications of the Supreme Court’s Uber ruling The UK Supreme Court has ruled that Uber must classify its drivers as workers rather than self-employed contractors. The decision could threaten the position of an already unprofitable company and will have far-reaching HR and tax consequences for the wider ‘gig economy’. Uber drivers
Tax relief for working from home Working from home has become the new normal for much of the UK workforce. During the first national lockdown in 2020, the Office for National Statistics recorded that nearly half of those in employment (46.6%[i]) performed some work at home. Not all of that group will necessarily be aware
Filing an FBAR Are you a US Corporate operating non-US resident bank accounts? Are your key people compliant with FBAR? Have you advised your US signatories of their risks? Briars has a simple solution…. Your favourite subject – filing tax returns! What can go wrong?? In 1789, Benjamin Franklin uttered that much repeated excerpt, “but
Land and Expand part V - Insurances As we walk through the Land & Expand journey, we reach the fifth stage, being Insurances. Often overlooked in the process but necessary to ensure that your overseas trading entity, your board of directors, your employees, your customers and your supply chain are all sufficiently protected. Requirements will
Land and Expand part IV - Local Country Incorporation As we reach stage 4 of our Land & Expand journey, our attention turns to incorporation and an overview of what should be considered. We have chosen to focus on the UK however, the underlying approach varies little between countries and much can be gleaned in
Corporate Compliance, Best Practice and Company Secretaries The role and duties of the UK Company Secretary are often overlooked by a board of directors focussed on managing an SME, especially in the current climate. This is heightened by the fact that said SMEs are not required to appoint a company secretary, potentially increasing the risks
Global Mobility and UK Tax Global mobility remains restrained today. However, despite the current pandemic, some businesses are taking those first tentative steps to place key players overseas, driven by the need to ensure business survival. From the perspective of those on the move, what does this mean to employer and employee? The thoughts below
