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
Funding the journey to ‘the promised land’ Over the course of my twenty-year career as a business school academic, and the co-founder of Cambridge’s largest technology accelerator, I have been fortunate enough to mentor over 250 high growth ventures. I’ve witnessed spectacular success in the form of IPOs and nine-digit acquisitions but, perhaps more importantly,
In Utmost Good Faith In these challenging times, we are all looking for surety and stability and of course financial security. The principle of an Insurance policy, be it for your car, your home, your business remains the same in that it can be relied upon to provide financial protection against unexpected events or negligence.
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
Setting up a business in the UK There are a variety of ways for an international investor or company to set up business in the UK. What works best depends on several things, including the appetite to accept direct liability for the actions of the UK entity and its tax obligations. A business may consider,
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
Case Study: Relocation from Germany to Richmond, London during COVID times We were referred these VVIP clients and asked to support their relocation to the UK at what was a very tricky time, both domestically and internationally, due to the COVID outbreak. The UK had recently imposed quarantine measures for people travelling to the UK
