Tax services to businesses - Publications

Weekly tax update - Latest issue

The Tax update provides a round-up and explanation of the latest tax issues.

If you have any questions or feedback, please get in touch with your usual Smith & Williamson contact or Richard Mannion at the email address given below.

Email Richard Mannion (Director of National Tax)
T: 020 7131 4252

VAT focus - February 2012

A round-up of recent UK VAT-related developments.

Leading the field

Our specialist team advises owners, breeders, trainers and others in the bloodstock and equestrian industries on their tax and financial matters.

Make it, keep it, grow it.

Making money in business can sometimes be much simpler than keeping it and making it grow. Smith & Williamson’s money mentors can assist with this challenge by offering a tailored complimentary briefing to senior executives.

Investing in companies - tax incentives

Investing in smaller businesses can often be viewed as risky. But there can be significant tax incentives for investing in some companies, which help to mitigate economic risk.

For those companies looking for alternatives to bank funding, the Enterprise Investment Scheme (EIS) and venture capital trusts (VCTs) are options well worth exploring.  In relation to the EIS, tax relief is potentially available to owner-managers of businesses, as well as outside investors.

In this guide we examine the EIS and funding from VCTs, which can be an important source of financial support for smaller businesses.

VAT alert - cost sharing exemption

Following a consultation by HMRC over the summer and an announcement in the Chancellor’s Autumn Statement, HMRC has today published the proposed legislation to implement the cost sharing exemption.

Quoted business - Winter 2011/12

In this issue: AIM: sweet 16 - Interview with Marcus Stuttard, head of AIM at the LSE :: Boxing clever - How competitive is the UK patent box regime? :: Investing in infrastructure businesses - Opportunities in India :: EU Prospectus Directive - Changes ahead :: Market watch - An update on the global markets :: UK capital markets - Turbulent times :: Retail bond issues - Matching SMEs with private investors :: Spotlight south-west - The region’s success stories :: Smith & Williamson at work - A selection of client assignments  

Our Southampton services

Smith & Williamson is currently ranked as one of the top ten accountancy firms in the UK (Accountancy magazine, 2011), employing about 1,500 people in ten offices across the UK and Ireland.

We provide financial advisory and accountancy services to mid to large corporates, professional practices, non-profit organisations and private clients.

Tax alert - Treasury moves to encourage more innovation in the UK.

The Treasury has today published legislation incorporating a number of improvements to the proposed Patent Box regime to make it more attractive to potential beneficiaries and encourage more innovation in the UK.

Briefing note: Tax Rate Comparisons 2011/12

Comparison of the top rates of tax applicable to individual and corporate entities investing in either a company or a partnership.

Enterprise newsletter - for entrepreneurs, growth companies and their advisers - Winter 2011/12

In this issue: Building a world-class company - Tips from our expert panel :: Making the breakthrough - Profile: Piers Daniell, Fluidata :: From entrepreneur to leader - What makes the difference? The UK tax system - Help or hindrance? :: BGF or BFG? - The funding boost SMEs are seeking? :: Funding your business - News and views on a range of finance options :: When will it end? - Preparing for economic growth :: Why sell your business? - A look at the alternatives :: News briefs - Updates for the busy entrepreneur :: From Vision to Exit - A must-have guide for entrepreneurs.

Corporate brochure

Selecting the right adviser for business or personal financial affairs can be a difficult decision. Our aim on these pages is to ease that decision and to demonstrate why Smith & Williamson may be the right choice for you. Find out more...

Enterprise management incentives

An Enterprise management incentive (EMI) is a flexible and tax efficient scheme designed for smaller companies.

Briefing note - Disclosure, Information Notices and Discovery

Outline of the post April 2009 situation concerning discovery, information notices and discovery assessments in the light of various cases and HMRC’s statement of practice 01/06 on self assessment and finality.

Use it or lose it

Planning your capital expenditure on plant and machinery for the next 12 months.

Briefing note: Flat conversion allowances (FCA)

This briefing note describes the capital allowance relief available for certain conversions and renovations of flats existing above business premises.

Briefing note: Business property renovation allowances

This Briefing Note describes the favourable capital allowance relief available for conversion or renovation of certain unused commercial property into business premises.

Servicing clients in Brazil and Latin America

Our service to entrepreneurial businesses that are international or have global ambition.

Briefing note - Disclosure, Information Notices and Discovery

Considers the rules for discovery assessments and the level of disclosure required to prevent discovery.

Budget 2010 (Ireland) - 10 December 2009

"We've had to make some very tough choices" - one of the statements from the speech by Ireland's Minister of Finance, Mr Brian Lenihan TD, in his Budget 2010 speech to Dail Eireann on 9 December 2009.

Enabling entrepreneurs

Click below to download our entrepreneurs' brochure - for entrepreneurs, growth companies and their advisers.