Campaign: Esther Carder advises businesses on how to survive through the Coronavirus

02.04.20 / Insight posted in MKS News

In these times of adversity, Esther Carder says client contact is key. “Not all of your client base will be affected in the same way,” she says. “Managing clients’ expectations during this time needs better-than-ever communication and client management. If some of your clients are in real trouble, you should consider asking them to pay…

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FT.com: Tim Stovold queries Chancellor’s lacking support for personal service companies

27.03.20 / Insight posted in MKS News

Following the Chancellor’s announcement of support for self-employed people, Tim Stovold voices concern for the vast numbers of people who own and manage their own business, some 400,000 of whom draw income in the form of dividends. He said: “They are left out in the cold for no logical reason.” Full article here. Subscription needed.

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Increases in Employer’s National Insurance on redundancy payments endanger senior staff

26.03.20 / Insight posted in MKS News

“Businesses trying to reduce costs while the country is in lockdown, will know that redundancy payments above the tax-free amount of £30,000 per person will face 13.8% National Insurance from 6 April 2020,” says Tim Stovold, head of tax at Moore Kingston Smith. “This levy on employers is an incentive to cut their senior and…

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FT: Stovold says make that call to HMRC

20.03.20 / Insight posted in MKS News

In the article’s Coronavirus section for businesses, Tim Stovold advises companies to phone HMRC to agree deferred payment of tax. Tim said: “One of our clients was given a two-month payment holiday for £100,000 of taxes in a call of a few minutes. Making that call will give businesses breathing space and avoid workforce cuts…

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FTAdviser: Tim Stovold on IR35 delay

18.03.20 / Insight posted in MKS News

The government has announced that it now won’t bring in the new IR35 rules until April 2021. This is part of the steps being taken to support businesses during the Coronavirus crisis. Tim Stovold, partner at Moore Kingston Smith, said: “This decision should have been made well in advance of the April 6 launch date but…

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Wealth Manager (Citywire): Tim Stovold on reduced entrepreneurs’ relief

12.03.20 / Insight posted in MKS News

Tim Stovold considers the impact on entrepreneurs of the Budget’s reduction in entrepreneurs’ relief. He said: “It removes an important incentive for entrepreneurs to build a company from being worth just over £1m to being worth £10m. It is that stage of growth that can create a huge amount of jobs.” Full article here.

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SVG Europe and TVB Europe: Joanna Cosgrove, of Moore Kingston Smith, appointed to board of Rise

11.03.20 / Insight posted in MKS News

Rise is an advocacy group for gender diversity within the broadcast technology sector. It is growing rapidly and expanding into North America and Asia. Moore Kingston Smith Director Joanna Cosgrove is appointed as a new board member. Full story here and here.

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The Drum: CEO of Initials advertising agency endorses Moore Kingston Smith events

11.03.20 / Insight posted in MKS News

In an interview with Jamie Matthews, CEO at advertising agency Initials, he was asked to name his top must-go-to sector events. Initials works with some of the biggest brands in the world, so in his world there are so many events to choose from. Matthews listed Moore Kingston Smith events among the ones he couldn’t…

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Design Week: Mike Hayes on Budget’s impact on design business owners

11.03.20 / Insight posted in MKS News

Mike Hayes explores how the Chancellor’s reduced entrepreneurs’ relief might force owners to change their retirement expectations. He said: “Many business owners anticipate that they might someday sell their company and pay capital gains tax at only 10% by reason of entrepreneurs’ relief [but] that aspiration may have to be revised.” Full article here.

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Eprivatelcient: Lynne Rowland’s article “What now for non-doms?”

06.03.20 / Insight posted in MKS News

For many non-doms, the UK is a place where they choose to spend time. They educate their children here, invest in property and business opportunities – and generally create a positive inflow of funds to the economy. Post-Brexit uncertainty is reducing and there is renewed interest in high-end property investment so it seems the UK…

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