NLP Sponsors Critics’ Circle Awards for 15th Year

The Critics’ Circle Awards 2018 took place on Tuesday 29 January 2019. It was the 15th year that Nyman Libson Paul have sponsored the event, proudly supporting the best of British theatre. The big winner this year was Inheritance – Matthew Lopez’s brilliant two-part transposition of Howard’s End to 21st century gay New York. It … Read more NLP Sponsors Critics’ Circle Awards for 15th Year

The 2019 Spring Statement: how will the changes affect you?

Chancellor Philip Hammond delivered this year’s Spring Statement during what is an uncertain time for the economy and businesses. Our summary provides an overview of the latest measures and includes updated forecasts for the UK economy and public finances, as published by the Office for Budget Responsibility. The Chancellor pledged to bring forward the £700 … Read more The 2019 Spring Statement: how will the changes affect you?

Business and Tax Round-up

Government urged to take ‘tough action’ on late payments A report published by the Business, Energy and Industrial Strategy (BEIS) Committee recently highlighted how ‘bad payment practices’ have led to the ‘failure’ of many small and medium-sized enterprises (SMEs). The government’s Prompt Payment Code, which was created to address poor payment practices, has ‘too often’ … Read more Business and Tax Round-up

Spotlight on charities

Although charity law varies across the UK, charity governance is very much in the spotlight. In a recent report, the Charity Commission for England and Wales (CCEW) suggested that nearly 40% of small charities were submitting inaccurate financial information. Small charities are defined as those with annual income below £25,000, and this category makes up … Read more Spotlight on charities

Entrepreneurs’ Relief: an update

Entrepreneurs’ Relief (ER) is available to taxpayers on the disposal of the whole or part of their business. ER means that you pay capital gains tax (CGT) at a rate of 10% rather than 20%, subject to a lifetime limit of £10 million. Following the 2018 Autumn Budget, new conditions have been introduced to ensure … Read more Entrepreneurs’ Relief: an update

The new Structures and Buildings Allowance

In the 2018 Autumn Budget, Chancellor Philip Hammond announced a new capital allowance, the Structures and Buildings Allowance (SBA). The new SBA gives relief for expenditure on certain structures and buildings. Since the abolition of the Industrial and Agricultural Buildings Allowances no relief has been available for most structures and buildings. The SBA addresses the … Read more The new Structures and Buildings Allowance

Top planning tips for the year end

With the end of the 2018/19 tax year fast approaching, now is a good time to review your finances to ensure you are making full use of the available allowances and minimising your tax liability. Personal planning Maximising the personal allowance The basic income tax personal allowance (PA) for an individual is set at £11,850 … Read more Top planning tips for the year end