Inheritance Tax Update

The Office of Tax Simplification (OTS) has recently published their second report following the review of Inheritance Tax (IHT) which included 11 recommendations. These recommendations can broadly be categorised into three areas, namely, lifetime gifts, interaction with Capital Gains Tax (CGT) and IHT reliefs associated with businesses and farms. Some of the key recommendations have been summarised below...

Woody, Buzz and Simba can’t deliver blockbuster month for retailers

Toy Story and Lion King releases fail to deliver a big performance for retailers in July as the UK faces up to a potential recession, with overall growth of consumer spending reportedly also below the rate of inflation. Phil Mullis Head of Retail & Wholesale at Wilkins Kennedy looks more closely at the latest findings from the Office for National Statistics...

Entries open for young entrepreneur awards

The UK’s up-and-coming entrepreneurs are being given the chance to kick-start their business ideas with a five-figure investment.

FCA and payment services firms safeguarding arrangements

Robin Haslam, head of our Financial Services sector team, outlines FCA scrutiny of payment services firms safeguarding arrangements and assesses the impact on firms.

Retailers produce some bounce back ability

Growth continues, albeit slower, as businesses gear up for a crunch six months. Phil Mullis, Head of Retail and Wholesale at Wilkins Kennedy look at the latest stats released today...

Major changes to the ability to reclaim Import VAT from 15 July 2019. Act now - regardless of Brexit!

Administration of cafe chain is a wake-up call for eateries

The administration of café chain Pod is a wake-up call for how eateries handle their image, according to one insolvency expert.

Who would want to be a retailer?

There does not seem to be a week going by without another high street casualty – often citing reasons such as increasing overheads, falling sales or a lack of investment as one of the reasons for shuttering the business. With this in mind, Phil Mullis, Head of Retail and Wholesale at Wilkins Kennedy, asks ‘who would want to be a retailer?’

Theatre Tax Relief; what is it and who can benefit?

John Howard, Head of Charities and Not-for-Profit at Wilkins Kennedy looks at who can benefit from Theatre Tax Relief.