On 23 April the London Chamber of Commerce and Industry (LCCI) issued its Capital 500 London Quarterly Economic Survey for Q1 2024.

Following the consultation on the new legislation and Code of Practice, the new tipping legislation which was originally due to come into effect from July has been pushed back to 1 October 2024. This will allow businesses more time to prepare for the implementation of the changes. The final code of practice of the Fair Tips Act was officially published today (22 April 2024). The new code introduces changes to previous announcements.

Nick Bustin, Employment Tax Director, explains the many benefits of pension salary sacrifice schemes within his article for Employee Benefits.

We’re delighted to announce the appointment of three directors, further underlining and reinforcing our commitment to the development and progression of our people.

R&D remains a hot topic and HMRC has tightened its R&D claims guidelines and processes, in order to address perceived areas of risk. The increased scrutiny has inadvertently affected genuine claimants.

Phil Salmon, Partner and Co-Head of VAT, sets out some further thoughts on the possibility of the introduction of VAT on school fees in the second of a series of articles.

From 1 April 2023, the ‘associated companies’ rules were reintroduced for Corporation Tax purposes. Individuals, trustees, partnerships and funds who control several companies which are not in a group structure should now be considering these rules and the impact they are likely to have on Corporation Tax rates and quarterly instalment payments for their companies’ current and future accounting periods.

The latest edition of our Charities and Not for Profit eNews is now available to download.