Stephanie is an Associate Director and heads up the Southampton Private Client team.
Simon specialises in private client tax, working with HNWIs, entrepreneurs and those with complex tax affairs, with a particular focus on rural and professional services businesses.
Simon is a tax partner in our Nottingham office and Head of Tax for the East Midlands. Simon has over 20 years’ experience dealing with tax compliance and tax planning for businesses and their owners.
04 March 2020
The news is bleak for business owners in the midst of a transaction who were hoping to benefit from Entrepreneurs’ Relief (‘ER’), as rumours continue to circulate that one of Rishi Sunak’s first acts as Chancellor will be to scrap it entirely in his maiden Budget speech on 11th March. With time ticking away, how long does ER have and what options can business owners explore to secure ER before it goes?
05 February 2020
The Conservative manifesto promised a ‘review and reform’ of Entrepreneurs’ Relief and, from recent reports, the Chancellor, Sajid Javid, and the Treasury have changes planned for the March 11th Budget. Rather than widely consulting with others on how to best incentivise entrepreneurial behaviour, it appears the Chancellor plans to navigate the waters, well known for Budget U-turns, by himself. What could possibly go wrong?
16 October 2019
With the announcement of a new Budget on 6 November, the foreboding shadow of uncertainty looms once again over Entrepreneurs’ Relief and whether it will survive. As calls to scrap the relief continue to grow, could Chancellor Sajid Javid make the surprise manoeuvre of abolishing the relief; and what options are available to taxpayers to try and secure it in the meantime?
James is a tax partner dealing exclusively with medical professionals, helping GPs and Hospital Doctors with accounts and tax compliance, adding value with advisory work. He is a Board member of AISMA.
Dougy is a partner in our Aberdeen office , advising advising owner managed businesses on all tax issues for close to 30 years.
16 February 2019
On 29 October 2018 (Budget day) additional conditions were introduced which changed the way in which ER operates – the changes were designed to prevent abuse of the rules and restrict relief to those entrepreneurs who have a genuine economic stake in their business.