Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has recently advised Mode Global Holdings Plc, a UK based founder led fintech group, on its £40.3 million IPO on the Standard Segment of LSE’s main market.

Last month (August 2020), HMRC began issuing ‘nudge letters’ to UK residents with potential tax liabilities on overseas income or gains. This latest batch of letters specifically targets UK residents with a financial connection to India, such as a high-yield rupee deposit account or an NRI fixed-deposit account.

The Chancellor has announced a new Jobs Support Scheme to replace the furlough scheme, which is due to end on 31 October 2020.

In August, HMRC issued the first wave of compliance letters in regards to the Coronavirus Job Retention Scheme (CJRS) after moving into the post-transaction review phase of the scheme.

Over 83,000 restaurants have now signed up for the government’s Eat Out to Help Out scheme, designed to protect jobs and boost sales in the hard-hit hospitality sector. In the first week alone, over 10.5 million meals were discounted, however, just how much is this helping the industry?

Next up in a series of quick-fire client interviews held during lockdown, Jeffreys Henry LLP speaks to Emilio Sanz, CEO of Acurable, a London-based medical devices company. Acurable is known for the AcuPebble sensor, the first wearable medical device to accurately diagnose and manage respiratory conditions at home. Emilio speaks to us about how healthcare companies are adapting to the new normal, shares his advice for others in the industry and gives us an insight into the future of Acurable and medical technology.

Our Specialist VAT team was approached by a well-known artist who was concerned about the VAT treatment on the sale of his works by an international gallery. The international gallery, who was represented by an accountancy firm with limited experience in dealing with art, incorrectly advised our client that VAT should not be charged on the basis that the painting had been exported outside the EU.

We are delighted to announce that our specialist Capital Markets team have been shortlisted for one of the most hotly-contested trophies in the accountancy profession: Specialist Team of the Year 2020.

On 8th July 2020, the Chancellor, Rishi Sunak, delivered a “mini-Budget” in response to the Covid-19 outbreak, announcing several measures to support the Hospitality & Tourism industry, such as VAT cuts and the introduction of the “Eat Out to Help Out” scheme. We have summarised the key announcements and action points.

Next up in a series of quick-fire client interviews held during lockdown, Jeffreys Henry LLP speaks to Carl Partridge, founder and CEO of UrbanThings, a London-based […]