ArticleIR35 3 Years OnIn recent years, freelance work has been subject to significant regulatory change, raising concerns for both the freelancers themselves, and hiring businesses.United KingdomTaxPrice Bailey
ArticleWhy Do I Need An Audit?There are a number of reasons why you may require an audit or assurance report. Whether to meet your compliance requirements, provide assurance to investors...United KingdomAccounting and AuditPrice Bailey
ArticleDemystifying Rules Of Origin In The UK-EU Trade And Cooperation AgreementThe UK-EU Trade and Cooperation Agreement (TCA) was established to facilitate post-Brexit trade between the UK and EU. Central to this agreement are the rules of origin, which determine...United KingdomInternational LawPrice Bailey
ArticleEnhancement To Corporation Tax And Income Tax Loss Relief RulesFollowing the Budget in March, the Government has announced changes to how trading losses of both Limited companies and unincorporated businesses can be utilised.United KingdomTaxPrice Bailey
ArticleIs An Audit Necessary For A UK Subsidiary?Frequently, many UK subsidiaries of international businesses are not aware that they need an audit and are at risk of costly penalties, and even criminal proceedings...United KingdomAccounting and AuditPrice Bailey
ArticleAcademy Trusts: Governance Reporting Requirements For GIAS, Companies House & Trust WebsiteThe Academy Trust Handbook stipulates that academy trusts must notify the DfE of changes to their governance information via Get Information About Schools (GIAS) within 14 calendar days of the change...United KingdomCorporate/Commercial LawPrice Bailey
ArticleThe New CC14 Guidance: Key Questions For Your CharityMany charities with investment portfolios will have noted the case of Butler-Sloss v The Charity Commission for England and Wales in the summer of 2022.United KingdomCorporate/Commercial LawPrice Bailey
ArticleThe Back To Work Plan And 'Fit Note' ReformThe Chancellor's Back to Work Plan was announced as part of the Autumn Statement 2023 to assist up to 1,100,000 people with long-term health conditions, disabilities or long-term unemployment to look for and stay in work. United KingdomEmployment and HRPrice Bailey
ArticleThe McCloud Remedy: Public Sector Pension Reform (PSPR)In 2023, the McCloud remedy, also known as The Public Service Pension Remedy (PSPR), was implemented to remove age discrimination across public sector pension schemes, including NHS pensions.United KingdomEmployment and HRPrice Bailey
ArticleA 'Successful' M&A Deal - What Does It Really Mean?In the complex world of mergers and acquisitions (M&A), defining and tracking success is a nuanced challenge. In our roles as M&A advisors, we are often asked how ‘successful'...United KingdomCorporate/Commercial LawPrice Bailey
ArticleCompany Valuation Changes In Times Of UncertaintyBusiness leaders who wanted to exit are now reconsidering their options. We investigate what happened after the financial crisis and more recently following the COVID-19 pandemic to consider the implications for business planning and getting ready for exit.United KingdomCorporate/Commercial LawPrice Bailey
ArticleHMRC "Nudge" Letters – Overseas Income And GainsSince the introduction of the Common Reporting Standard (CRS) automatic exchange of information in 2017, HMRC has access to more data than ever on overseas financial assets.United KingdomTaxPrice Bailey
ArticleWhat Is Expatriate Tax? The UK & Non-UK Citizen DifferencesIf your business has staff who work for long periods on overseas postings – or you are considering working overseas yourself for any length of time...United KingdomTaxPrice Bailey
ArticleRevolutionising Laws For Digital Assets And Personal Property?Digital assets, which encompass cryptocurrencies (also referred to as crypto-tokens) and non-fungible tokens (NFTs), have become increasingly prevalent...United KingdomTechnologyPrice Bailey
ArticleUK Information Requests With Foreign Tax Authorities Are Highest In Seven YearsIn 2023/24, HMRC and foreign tax authorities exchanged a record 2,388 information requests about UK taxpayers, reflecting increased scrutiny on overseas assets. This trend is expected to rise following new tax rules effective from April 2025.United KingdomTaxThe Sovereign Group
ArticleRepeat PrescriptionHolly Gibson, Price Bailey's healthcare sector specialist provides an overview of the latest updates from the healthcare industry. This monthly appointment provides...United KingdomFood, Drugs, Healthcare, Life SciencesPrice Bailey
ArticleR&D Tax Relief: What's New?R&D tax relief is currently under significant scrutiny from HMRC with an increased number of compliance officers recruited to carry out additional compliance checks, also known as tax enquiries, into R&D claims.United KingdomTaxPrice Bailey
ArticleTrustee Responsibilities: Navigating EDI, Conflicts, And Your Duties.Ever since the collapse of Kids Company in 2015 and the subsequent court case, trustees have needed to be more conscious of their duties and responsibilities...United KingdomCorporate/Commercial LawPrice Bailey
ArticleEverything You Need To Know About Maternity Leave And PayFor owner-managers, maternity law and the subsequent payments can feel like a financial burden and particularly complex. This article aims to provide a clear explanation of the rights...United KingdomEmployment and HRPrice Bailey
ArticleChange Of Basis Period: New Rules For Income TaxCurrently, all business profits subject to income tax are taxed in the tax year the business accounting year ends (the current year basis). The rules will however change from 5 April 2024...United KingdomTaxPrice Bailey