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HMRC seeks compliance and enforcement powers for coronavirus support schemes
04 June 2020The government is consulting on draft legislation to ensure that coronavirus business support grants are subject to tax, and to give HM Revenue & Customs new powers to ensure fair play by preventing non-compliance and abuse of the relevant schemes.
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Will the extension of IR35 into the private sector be abandoned?
29 April 2020In its eagerly awaited report into the IR35 reforms published earlier this week, the House of Lords has urged the government to “rethink fundamentally its approach” to the “flawed IR35 framework”. It has called on the government to announce by October 2020 whether the IR35 reforms will take effect from April 2021. So how likely is it that the government will change its approach?
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Covid 19 – what it means for EMI options
03 April 2020You may wonder what the current Covid 19 crisis has to do with EMI options but in fact there are a number of potential consequences.
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Expansion of HMRC’s “Time to Pay” Arrangements during the Covid-19 Outbreak
27 March 2020Due to the immediate and stark effect that the Covid-19 outbreak is having on a lot of businesses, the Government has reminded everyone that it often reaches arrangements with businesses in financial distress for deferred payment of their tax liabilities. While this facility is not new, the Government expects the demands on the service to increase dramatically and is therefore scaling up its capacity to deal with new enquiries.
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VAT and income tax deferrals to assist VAT-paying businesses and the self-employed during Covid-19 Outbreak
Inbrief
27 March 2020As part of the sweeping financial package announced by the Government on 20 March 2020, the Government is offering VAT and income tax deferrals to assist with the cash-flow of VAT-paying businesses and the self-employed. These deferrals are expected to provide over £30bn of additional cash-flow to a wide variety of British businesses.
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Lewis Silkin French Desk has advised Havas on its acquisition of acquisition of Cicero Group
Deal
17 March 2020Lewis Silkin has advised Havas, one of the world's largest global communications groups, on its acquisition of Cicero Group.
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Lewis Silkin French Desk has advised Descours & Cabaud in the acquisition for its subsidiary Hayley 247 of Staffordshire based companies WMH Transmissions Ltd & Apex Transmissions Ltd
Deal
17 March 2020Lewis Silkin has advised Descours & Cabaud in the acquisition for its subsidiary Hayley 247 of Staffordshire based companies WMH Transmissions Ltd & Apex Transmissions Ltd (WMH). WMH will now become the UK Groups specialist provider of Precision Linear Motion products and services.
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Budget 2020 - New Kid on the Block
12 March 2020There was a sombre mood to the Budget initially, focusing as it did on measures to help deal with the coronavirus / Covid-19. Clearly the financial outlook is expected to be challenging, and our new Chancellor, Rishi Sunak, made sure to point out that the Office for Budget Responsibility forecasts have not (yet) taken the impact of Covid-19 into account.
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Lewis Silkin French Desk advises Havas on its acquisition of Gate One
Deal
19 December 2019Lewis Silkin has advised Havas, one of the world's largest global communications groups, on its acquisition of Gate One, a specialist digital and transformation consultancy.
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Of feathers and tax
12 December 2019Around 350 years ago, LOUIS XIV’S FINANCE minister, Jean-Baptiste Colbert, famously declared that “the art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing.”
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Lewis Silkin has advised Christine Costello, the owner of event cinema business More2Screen, on a sale to Trafalgar Releasing
Deal
20 November 2019Lewis Silkin has advised Christine Costello, the owner of event cinema business More2Screen, on a sale to Trafalgar Releasing.
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Sara Cohen participates in round-table for Architecture Today: Trust in Employee Ownership
Press
10 September 2019Sara Cohen has taken part in a round-table discussion for Architecture Today that discussed employee ownership among architects.
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Lewis Silkin advises Next Fifteen Communications Group plc on its acquisition of CommunicateResearch Limited
Deal
05 August 2019Lewis Silkin has advised Next Fifteen Communications, the digital communications group, on its 100% acquisition of CommunicateResearch Limited (ComRes), a global research consultancy.
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Lewis Silkin advises Next Fifteen Communications Group plc on its acquisition of Market Making Limited
Deal
31 July 2019Lewis Silkin has advised Next Fifteen Communications, the digital communications group, on its 100% acquisition of Market Making Limited, a London-based social media agency.
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Lewis Silkin French Desk advises Sopra Steria (Euronext Paris) on sale of its UK recruitment subsidiary
Deal
31 July 2019The Lewis Silkin team has advised its long term client Sopra Steria (Euronext Paris: SOP), a European leader in digital transformation, on the sale of its UK recruitment subsidiary, Sopra Steria Recruitment Limited to the Resource Solutions Group. The transaction completed in June 2019.
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Lewis Silkin advises Descours & Cabaud in the acquisition for its subsidiary Hayley 247 of Lamond & Murray
Deal
25 July 2019Lewis Silkin has advised its existing client Descours & Cabaud in the acquisition for its subsidiary, Hayley 247, of Fife based company Lamond & Murray, which completed on 4 June 2019.
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Victoria Goode comments for Accountancy Age: Industry experts give their take on impending IR35 legislation
Press
22 July 2019Victoria Goode has commented in an article for Accountancy Age that discusses last weeks revelation that HMRC are scrutinising television presenters to determine whether they will be subject to new IR35 tax regulations.
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All systems go on extension of IR35 to the private sector from April 2020
12 July 2019The Government has confirmed it will extend the new IR35 rules to the private sector from April 2020, despite calls from professional bodies and others to delay the reforms.
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Lewis Silkin advises Unlimited Group on their acquisition of Direction Group
Deal
05 April 2019Lewis Silkin has advised Unlimited Group on their acquisition of one of the UK’s fastest growing B2B marketing agencies, DirectionGroup
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Entrepreneurs’ relief: the brave new world
13 March 2019This is an update on the changes to the qualifying criteria for entrepreneurs’ relief introduced in the October 2018 Budget, amended in December and now embodied in statute.