Webinar: Business tax refresher and planning

Register here We invite you to join us and Tim Palmer, Tax Consultant, at our webinar on 24th October for a business tax refresher and planning.   During this session, Tim will be covering:   Tax refresher and planning for self-employed clients and partnerships The switch to the fiscal year basis Capital allowances update Tax […]

What is a Family Investment Company (FIC) and is it Right for Me?

A Family Investment Company (FIC) is a private company which is often used to move wealth to the next generation(s) without suffering Inheritance Tax (IHT), the FIC’s shareholders are family members. It can be used as an alternative to a family trust and acts to facilitate future succession planning. It is likely to appeal to […]

UK employee share schemes: Enterprise Management Incentives (EMI)

Written by Tax Partner, Michaela Lamb Whilst there are many ways of incentivising and retaining key employees, the Enterprise Management Incentive (EMI) scheme remains one of the most tax efficient ways to do this because of the very generous tax reliefs associated with the scheme. In addition, these schemes are entirely flexible and gives the […]

Why some clients choose to outsource their finance function in the short or long term.

Written by Accounts and Outsourcing Partner, Nyall Jacobs At Gravita we offer many specialities that a growing business needs to maximise its chances to get to the next stage in its life cycle.   Gravita’s Outsourced FD function This offering includes an outsourced FD, who reports to the business and who comes with their own […]

An employee’s guide to RSUs and Stock Options

Written by Tax Partner, Michaela Lamb More and more employers in the Tech sector are offering Restricted Stock Units (RSUs) or Stock Options to their employees.  These have been popular with US companies for a long time, and so those working for global companies, and those who are working remotely for US/Canadian businesses are finding […]

Implementing your salary sacrifice via your payroll

Written by Payroll Manager, Rebecca Aimey Introduction In today’s competitive job market, employees are increasingly seeking (and often expect) benefits packages to be paid alongside their salary. Employers, on the other hand, are of course keen to retain and attract talent whilst also maximising tax efficiencies where possible. The salary sacrifice options are an effective […]

Is it time to embrace AI to transform your business?

Written by Tech Partner, Ben Chernoff Is it time to embrace AI to transform your business? It’s clear AI is not going away. And while there’s a lot of fear about what AI could do in the wrong hands, it also brings a lot of opportunity for good. It has the potential to drive economic […]

Payrolling of benefits – Feeling the pain of collating your P11D data?

Written by Payroll Manager, Rebecca Aimey Employers who would like to formally payroll benefits for the first time, must register with HMRC. Some seven years ago, HMRC introduced the ability for employers to payroll certain benefits that are classed as a benefit in kind. This has enabled a change in the way employees are taxed […]

The current outlook for the travel industry

Written by Audit Partner, Luke Metson With the travel industry recovering from the Covid pandemic and travellers facing new challenges, such as high inflation, increasing interest rates and high energy bills, there is a general uncertainty as to their appetite for travel.   Whilst the ‘cost-of-living’ crisis is putting pressure on travellers’ finances, many do […]

Mitigating some risks with SEIS and EIS tax investment schemes

Written by Tax Partner, Parminder Chattha The SEIS (Seed Enterprise Investment Scheme) and EIS (Enterprise Investment Scheme) schemes provide valuable tax incentives for investors who subscribe to shares in particular companies. These reliefs make fundraising for newer and smaller companies much easier as the investor’s downside risk is mitigated and upside benefit is exempt from […]