BRave Business and The Tax Factor
BRave Business and The Tax Factor
About BRave Business and The Tax Factor
Brought to you by accounting, tax, audit and advisory firm Blick Rothenberg BRave Business is aimed at entrepreneurial businesses, we focus on providing market updates, practical guidance, timely insights, and professional opinions from industry experts, helping you make informed decisions for your business. The Tax Factor is a weekly podcast with our expert team looking at the news and updates in the world of tax and providing analysis of what it might mean for you.
This week it’s no surprise that we focus on the Chancellor’s Autumn Budget Statement. Nimesh Shah and Heather Self look at the detail of the Budget and give their views on the decisions and actions the Chancellor took, as well as the ones he didn’t. Heather describes the Budget as “pre-election”, while Nimesh thought the statement was a little bit vanilla. Where was the Inheritance Tax reform and where were the changes to VAT thresholds? See omnystudio.com/listener for privacy information.
This week on the Tax Factor, Heather Self is joined by Global Mobility Partner Alan Tam as they look at some of the Chancellor’s options a week away from the Autumn Budget. With record tax receipts and inflation falling to meet the Government’s pledge, might the Chancellor be able to be more generous next week? There’s also a roundup of the latest tax cases including a fraud case concerning the ‘Eat out to help out’ and ‘Coronavirus Job Retention’ schemes as well as Apple’s tax affairs in Ireland. And as WeWork files for bankruptcy in the US, Alan highlights the importance of having those working remotely correctly managed. See omnystudio.com/listener for privacy information.
This week the Tax Factor is presented by Partners Rob Goodley and Matt Crawford. While the ‘one to many’ letters sent by HMRC can seem speculative, Rob and Matt warn that they should not be ignored. They then look at a Court of Appeal case that HMRC have lost three times, but HMRC believes is a point of principal on tax avoidance – will they go for a fourth appeal and, if not, what does this mean for their approach? Finally, they look forward to ‘Silly Season’, the period before the Budget, when rumours, speculation and gossip abound about what may, or may not be in the Autumn Statement. See omnystudio.com/listener for privacy information.
This week Blick Rothenberg CEO Nimesh Shah is in the host’s chair talking with Tax Director Robert Salter. In today’s episode they look at the latest ruling in a Child Benefit tribunal ruling, HMRC’s recent activities in Indonesia which resulted in a tax fraudster being caught, and how IR35 is really due a review. Nimesh and Robert also look at the state of the Government coffers; as annual tax receipts have now exceeded over 800 Billion pounds, might this give the Chancellor some options in the Autumn statement? See omnystudio.com/listener for privacy information.
In this episode we look at some of the barriers faced by black entrepreneurs and how they overcome them. We’ll also take a look at unconscious bias, and the importance of representation and diversity in the business world. Joining Declan Curry to discuss this weighty issue and share their stories are Blick Rothenberg Partner Ed Rieu, and our guests Bola Yusuff, founder of International Tax Search, and Kojo Marfo, founder of My Runway Group. See omnystudio.com/listener for privacy information.
This week Heather is joined again by Tax Director Robert Salter as they try to unravel when a biscuit is subject to VAT or not (apparently it’s all down to where the chocolate is!) Heather and Robert also take an early look at the possible consequences of the Supreme court ruling on HMRC v Vermilion Holdings Ltd and the potential far-reaching consequences on employment related securities. See omnystudio.com/listener for privacy information.
This week on The Tax Factor Blick Rothenberg CEO Nimesh Shah is joined by Global Mobility enthusiast and Blick Rothenberg Partner Rehana Earle. They discuss Liz Truss, and Trussonomics, with the announcement that she is to publish her own “Growth Budget” in November just a week before the actual Budget and a pet topic of the Tax factor the High-Income Child Benefit Charge although not a pet we are fond of! See omnystudio.com/listener for privacy information.
Partner Rob Goodley joins Heather this week as they review the Labour Party Conference and ask if we learned anything new about their tax policy and strategy approaching the next election. There’s been a lot of coverage in social media of an aggressive landlord tax scheme which HMRC have issued a spotlight note on – Heather suggests if something sounds too good, be cautious. See omnystudio.com/listener for privacy information.
This week Heather is joined by Tax Director Robert Salter. While the Chancellor says there’s no room for tax cuts at the moment, fiscal drag is creating bumper takes for HMRC. Might we see some kind of tax cuts before the next General Election? They also look at Labour’s plans for VAT on Private Schooling and discuss potential unexpected consequences of what might qualify as ‘private education’. The Prime Minister also discussed tax free bonuses for Teachers in his speech which Heather describes as unnecessary tinkering with the tax system. See omnystudio.com/listener for privacy information.
This week on the Tax Factor Heather Self is joined by Blick Rothenberg CEO Nimesh Shah. The hot topic this week is Inheritance Tax, with the media reporting that it is potentially going to be abolished by Rishi Sunak. Both Heather and Nimesh unsurprisingly have their own views on whether that should happen and what it would mean. They then review the recent Bluecrest Tax Tribunal Upper Tier ruling and finally lament that, along with many other individuals and businesses, it looks like tax advisors will be spending longer enjoying the HMRC hold music this coming winter. See omnystudio.com/listener for privacy information.
Blick Rothenberg CEO Nimesh Shah is joined this week by Tax Investigations and Employment Taxes Specialist Partner Matt Crawford. One year on they look back at the Mini-Budget and the following reversals of....pretty much everything, but were some of those policies, on reflection, actually good ideas? Another property tax case has caught our attention with HMRC disagreeing with a tax payer over a property being classified as ‘derelict’ costing the tax payer over £12k. Matt and Nimesh then look at a couple of Tax Tribunal cases which hinge on whether the Tax Payer had taken reasonable care in the advice sought. See omnystudio.com/listener for privacy information.
This week Private Client Partner Neil Lancaster joins Heather as they discuss the future options for managing state pension increases. Neil also highlights the potential bigger elephant in the room – how are pensions going to be paid for in the long term? They also review recent cases involving the Child Benefit charge which was intended to be a simple pay out for low earning families but can be a trap for anyone filing a personal tax return, and then look at Covid Grant Schemes and wonder if enough is being done to identify and recover fraudulent awards as the recovery rates appear to be very low. See omnystudio.com/listener for privacy information.
Heather is joined again this week by Blick Rothenberg CEO Nimesh Shah as they look forward to not so much the “Autumn Statement” as the “Winter Statement” and wonder if the lifetime allowance will be reinstated and the problems that that might cause. They also discuss the reopening of the HMRC phonelines after it’s summer closure and hope people have a better experience trying to get through than pre closure. See omnystudio.com/listener for privacy information.
CEO Nimesh Shah joins Heather this week as Labour Shadow Chancellor Rachel Reeves gave some insight into Labour’s future tax plans. They also look at the chill that the freezing of allowances is causing taxpayers and why it’s a popular choice by successive Chancellors and the ongoing headache of VAT inconsistences as tax on pants makes the headlines. See omnystudio.com/listener for privacy information.
This week on The Tax Factor Heather is joined by one of the country’s leading experts on Stamp Duty and Property Tax, Blick Rothenberg Partner Sean Randall, so it’s no surprise that we’re talking about property. We’ll take a look at what can go wrong on Stamp Duty, how to make sure you’re not a victim of overzealous selling schemes that don’t work, and how to make sure you get proper advice. See omnystudio.com/listener for privacy information.
This week, Partner Rob Goodley joins Heather Self to talk about Inheritance Tax. It’s a topic which has recently been in the headlines again as the Conservatives consider its future, but what are the rules and potential pitfalls? See omnystudio.com/listener for privacy information.
The Tax Factor is a new weekly podcast series from Blick Rothenberg. Each week members of our team will be looking at the news and updates in the world of tax and providing analysis of what it might mean for you or your business. We’ll also be looking at some of the longer-term issues and challenges such as Child Allowances, non-dom tax, Inheritance Tax and even HMRC itself. Joining Heather Self for the first episode is Nimesh Shah, CEO of Blick Rothenberg, as they look at the outputs of the Spring Budget's 'Legislation day', the possible implications of the tax on pension pots and the ongoing issues around Child Benefit. See omnystudio.com/listener for privacy information.
In this episode, Declan has a frank and honest conversation with guests Phil Ives from Bean Partners and Rob Begg, an awareness and alignment coach, on the topic of entrepreneur’s mental health. Both share their own raw, personal experiences, as well as their tips on how other entrepreneurs and owner managers can recognise the warning signs earlier. Blick Rothenberg CEO Nimesh Shah also shares his insights into working with entrepreneurial clients who are struggling with their mental health, particularly when it comes to the difficult decision to exit from or sell a business. See omnystudio.com/listener for privacy information.
In this episode we take a look at the key considerations for establishing a UK business. What are the challenges for launching a new product or service in the UK and how do you grow and scale a brand? Joining Declan to discuss this topic are Blick Rothenberg’s International Business Senior Manager Melissa Thomas and our guests Angela Crouch from Nectar Sleep and Lisa Robinson from Companiions. See omnystudio.com/listener for privacy information.