Hawsons Corporate Finance are delighted to announce that they acted as Wilson Field’s lead advisor in a £4.8m sale to FRP Advisory Group. Sheffield headquartered restructuring and debt advisory services firm Wilson Field have now been acquired by the listed, national...
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Setting up a company in Dubai common questions/problems/misconceptions
Although it is relatively easy to setup a company in Dubai, it is very difficult not to pay UK taxes. The problem is when an individual is looking to setup a business in Dubai to reap the generous tax benefits the individual or the business cannot be connected to the...
Financial Fraud: Safeguarding Your Assets
In today's digital age, financial transactions and personal information are exchanged more rapidly and conveniently than ever before. Whilst this is a positive move for convenience it has also led to a surge in fraud, which can have devastating consequences for...
Easing of tax rules for divorcing couples confirmed
New legislation easing the tax rules for divorcing couples has received Royal Assent. This confirms announcements made by the Chancellor in the Spring Budget 2023. The changes apply in relation to disposals of assets made on or after 6 April 2023. What were...
IASB publishes guidance on the effects of climate-related matters on financial statements for SMEs
On 16th May, the IASB published guidance regarding the effects of climate related matters on financial statements prepared in accordance with the IFRS for SMEs financial statements. Full guidance can be found here. The guidance contains examples of areas where...
Government to simplify non-financial reporting rules
The government is currently consulting on various options to simplify non-financial reporting rules indicating consideration of the appropriateness of the current company thresholds. The Department for Business and Trade (DBT) and Financial Reporting Council (FRC) are...
Why have an audit?
Whether mandated by statutory, or if your company falls below the Companies Act size threshold for an audit, there are many benefits to conducting an audit of your financial statement. Although many organisations see audit as a necessary compliance evil, many entities...
Landlords advised to review tax affairs ahead of new database
Renters Reform Bill As part of the new Renters Reform Bill the Government is planning to launch a new landlord database. This database has the potential to provide HMRC with large amounts of information regarding landlords which they will be able to identify landlords...
Tax incentives for capital investment
Super deduction and Annual Investment Allowance The introduction of the super deduction from April 1, 2021 was beneficial to capital-intensive industries such as logistics in that it provided companies with a deduction from taxable profits equal to 130% of the cost of...
Caring Hands (Care Services) Limited – EOT Case Study
Deal Completed – 2023 Hawsons Corporate Finance had the pleasure of supporting Caring Hands (Care Services) Limited (“Caring Hands”), a well-established domiciliary care business, with their transition to Employee Ownership. Based in Alfreton, Derbyshire, the company...
HMRC plans points-based penalties for Self-Assessment
HMRC have announced that from April 2026, the existing penalty system for late filing of tax returns under Self-Assessment will be amended to a points-based system for self-employed people and landlords with turnover above £50,000. This coincides with those...
Eligibility criteria for employee ownership trusts (EOT)
Why has the qualifying criteria been put in place? The economic contribution of employee-owned businesses in the UK is significant and growing. Greater productivity and higher levels of innovation whilst being more resilient to economic turbulence are some of the...