Liverpool: 0151 224 0500   |   Manchester: 0161 827 4600   |   Email: info@bermans.co.uk   |   Twitter Icon  |  Linkedin Icon
bermans_logo

New restrictions to company purchase of own shares

Becky Tsang

Becky Tsang

In February 2022, the Chartered Institute of Taxation (“CIT”) received clarification from HMRC in relation to their position on legislation relating to a company’s purchase of its own shares under section 1033 of the Corporation Tax Act 2010 (“CTA 2010”). In particular, HMRC have outlined their interpretation of the word ‘possesses’ in section 1062(2) CTA 2010 in instances where the purchase has multiple completion dates.

 

Continue Reading

Post-Covid World: Debt Recovery (Webinar Event)

This 60 minute webinar will take place at 10am on Tuesday 26th April 2022.

The session will focus on tips to ensure that your invoices are paid and some steps you can take to protect yourself and to recover outstanding debts.

The main topics that we plan to cover are:

  • Impact of Covid-19
  • Debt collection checklist
  • Pre-Court procedures – What you can do
  • Going legal – what are your options
Continue Reading

Russian Sanctions – how they may affect you or your business

The UK Government recently imposed sanctions on Russia in light of the ongoing crisis in Ukraine. Asset freezes have been imposed on a number of individuals and entities. More information on individuals and entities subject to an asset freeze (“designated persons”) can be found on the UK Government’s website: https://www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets

Continue Reading

Managing international business visitors without risk

Neil Gouldson

Neil Gouldson

As the World starts to open up again, we look at what you need to consider if your business has employees in other countries who are visiting the UK to work.

Business travel across borders, and even within them, pretty much stopped in 2020 and 2021 due to the Covid 19 pandemic. As travel restrictions are being lifted, businesses have the opportunity to allow employees to travel and international business travel is on the rise.

Employers need to take some time to refamiliarise themselves with the relevant rules around immigration and employment tax before they accept a visit from an overseas employee to ensure compliance.

Continue Reading

SME debt is a ticking time bomb

Pat Haver

Pat Haver

Recent independent studies undertaken by the Legal Services Board and Xero convey a worrying and consistent theme that SME debt is a ticking time bomb.

UK SMEs are losing more than £40 Billion per year through disputes and have £131 Billion tied up in late payments. YouGov has reported that 82% of SMEs currently have outstanding balances with each firm owed an average £62,957.00.

Continue Reading

David Osrin: Creating a sales campaign

David Osrin

David Osrin

David Osrin is the Managing Director of Music Makers Business Development Consulting Ltd. He started the company in 2004 with the aim of providing business development support to professional and financial services firms. The company now specialises in a range of sales focused support services, including lead generation, coaching, outsourced sales director and consultancy work.

Continue Reading

Get your ecommerce business ready for online sales

Ecommerce has seen remarkable growth over recent years, especially during lockdown, and is changing the landscape of how people buy and sell goods and services. The growth in ecommerce is shifting activity away from the high street to digital means, which in turn is changing the way businesses operate. In addition, the popularity of marketplace platforms, such as Amazon and Facebook, has made this growth even more noticeable.

Continue Reading

Sign up for Bermans Newsletters