News

UK coronavirus - Additional practical information for Businesses

Further to our update of 23 rd  March we have some additional, practical advice based on our findings over the last week and we have detailed this below:​ Our previous update can be viewed here   Stamp Duty payment changes HMRC...

Help scheme announced for the Self-Employed

Assistance was yesterday announced by the government to enable self-employed individuals or members of partnerships to claim a grant through the coronavirus (COVID-19) Self-employment Income Support Scheme. You can use this scheme if you're...

KidsOut appeal for help!

Our nominated charity for this year needs your help! We’ve signed up to the direct debit initiative and would urge you to do the same if you can. Please read this message from KidsOut for the details: Thank you again for your support for KidsOut...

UK coronavirus update - practical information for Businesses

During the last few days the government has issued several new initiatives to support businesses in the UK and we envisage they will continue to introduce more during the coming week. We have summarised below some of the key areas to date that will most...

Coronavirus (COVID-19) Update

  We understand that many of our clients and associates will be dealing with the ramifications from Covid-19 and will be concerned about the impact this will have on their businesses and employees. In these unprecedented circumstances, it is important...

"Significant" PE backing for vehicle safety specialist

A Worcestershire-based vehicle safety specialist has been backed by a "significant investment" from private equity firm YFM to supercharge its future expansion. Innovative Safety Systems in Pershore, was founded in 2009 by chief executive Gavin...

Budget 2020 - Brought to you in association with Yorkshire Tea!

Refreshed by nothing stronger (unfortunately) than the nation’s favourite brew, the team at Claritas Tax have been in lock-down since the Budget Statement was delivered - to bring you the sanitised tax issues to ensure your business doesn’t catch...

Congratulations on an outstanding Success!

Brandon Laroiya-McCarron Last week Brandon took his fourth exam as part of the ICAEW ACA course for Certificate level and scored 86%! We are all delighted for Brandon and congratulate him on this outstanding achievement. The exam, titled...

Claritas advise on the sale of Brian James Trailers

Claritas advise Brandon James on the sale of Brian James Trailers to Swedish business Lifco AB in December 2019. Brandon commented: “The Claritas Tax team of Iain Wright and Ses Memhi were impressive in their handling of our recent transaction....

Goodyear Acquires Autocentres Network

We are delighted to have advised Easy Autocentres on this transaction. An autocentres company which has a network of branches across the Midlands has been acquired by Goodyear UK. Easy Autocentres, which includes the HiQ brand, has been snapped up...

Celebrating our Grad's exam success

Great tax talent is hard to come by, which is why we like to celebrate ours. Here are the stories of our Grad’s most recent exam successes: Faith Ross Following her successful exam result, Faith is now a fully qualified Chartered Tax Advisor...

Brexit - how will the tax landscape change from 31 January 2020?

Brexit! It’s happening, but what is the immediate impact on business taxes in the UK? Whilst there should be no immediate changes for businesses and owners, there may be administrative issues to address over the coming months.  ...

The death of Entrepreneurs' Relief?

The Conservative Party’s 2019 election manifesto contained a promise to ‘review and reform’ Entrepreneurs’ Relief (“ER”) and claimed that the relief has not ‘fully delivered on its objectives’. This is a...

Claritas Tax advise on 43 deals in 2019 with combined value of £553m

During 2019, Claritas Tax, one of the UK’s largest independent multi-disciplinary tax advisory practices, advised on 43 buy and sell side transactions with a combined value of over £553m.  These deals covered private equity,...

Claritas Tax promote Ses Memhi to Associate Director

Claritas Tax, the independent tax advisory firm with offices in Birmingham and Manchester, is delighted to announce that Ses Memhi has been promoted to Associate Director with effect from 1 January 2020. This is equivalent to the Director grade in...

Claritas Tax appoint Head of Business Development

Claritas Tax have appointed Simon Mitchelhill as Head of Business Development. Simon is a Sales and Marketing specialist with over 25 years’ experience developing and executing successful business development strategies across various sectors. ...

Government announces review into off-payroll working arrangements

On 7 th January 2020 the government announced that it will carry out a review into the implementation of the new “off-payroll working” rules, which are due to come into force in April 2020. The rules will apply where a contractor engages with...

Significant changes to loan charge legislation

Background HM Treasury recently issued its response to the House of Lords’ review of the ‘loan charge’ – the much-publicised tax on loans advanced to individuals under certain ‘disguised remuneration’ arrangements that...

Dealmakers work on investment into architectual practice

Dealmakers from the West Midlands have outlined their work on Beechbrook Capital's investment into Corstorphine + Wright, an architectural practice with operations across the UK. Smith Cooper Corporate Finance (SCCF) and Gateley Legal were appointed...

Midlands Dealmakers Awards 2019

Claritas Tax are pleased to announce that it has been involved on 4 different deals that have been shortlisted for awards at the 2019 Midlands Dealmakers Awards. The event celebrates the region's corporate finance firms, banks, funders, private...

Ex-Big Four Tax Adviser opens Manchester office of Claritas Tax

Matt Hodgson, until recently an Associate Partner at EY, has opened the Manchester office of Claritas Tax, a successful Birmingham-based tax boutique.​ Founded in 2012 by Iain Wright, Claritas is a team of 20 highly experienced tax practitioners...

Dealmakers work on caravan parts wholesaler deal

Dealmakers from the Midlands have worked on the acquisition of a wholesale distributor of parts and components for the caravan and motorhome industry. Derbyshire-based MRDB, which has sales in excess of £23m, has been supplying OEM manufacturers,...

Halloween XVIII: A Nightmare on Downing Street

    “In a country battered by austerity, only one man has the power to reshape the tax system, slay the evil tech giants, tell truly terrible jokes and save the economy from destruction and debt.  That man is…Fiscal...