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Welcome to our website which we have deliberately kept clear and simple. Like our advice, it is practical and easy to use. But we hope it gives you a flavour of what we do and tempts you to find out more.

I blog regularly on issues that affect entrepreneurial businesses which are close to my heart. I’m an all-round business advisor, and tax specialist. There’s always lots going on in the tax world and I will share some of my thoughts with you. As always, I welcome your comments and feedback.

Life is tough for the entrepreneur and private businesses in general. Despite claims to the contrary, banks are more or less closed for business. Other traditional sources of funding are few and far between. Early-stage businesses need to have an exceptional idea to secure funding. More established businesses need to fund expansion out of profits.

In our profession there’s been consolidation and there will continue to be so. The largest firms are moving back into the world of management consulting (funny how things come round in circles) and other top firms are squeezing the big boys at the edges. One thing doesn’t change though – most decisions are driven by short-term profit needs; I should know, I’ve been there and got the tee-shirt. That’s why it’s so exciting and refreshing to have established Jupp Consulting and be completely independent. We can really put our clients’ needs first, provide a cost-efficient and proactive service, and celebrate with you when your success brings us success.

Andrew Jupp – Founder and Principal

Capital gains tax – time for reform?

Capital gains tax – time for reform? 150 150 AJ

Capital gains tax – are we likely to see major changes? The Chancellor has recently asked the Office of Tax Simplification (OTS ) to carry out a review of CGT to identify simplification opportunities. Remember that CGT is paid by individuals and trusts; companies pay corporation tax on chargeable gains. The call for evidence is in two stages: the first stage seeks high-level comments on the principles…

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The Chancellor’s Summer Statement. Really?…….

The Chancellor’s Summer Statement. Really?……. 150 150 AJ

Following the Chancellor’s Summer Statement yesterday I posted a blog simply summarising what he had announced. Now, nearly 24 hours later, I’ve had a chance to reflect on what was said, and I can’t for the life of me believe that he’s got it right. I don’t normally comment on political issues but confine myself to analysing the tax and business implications of fiscal and…

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Chancellor’s summer statement (or “mini Budget”)

Chancellor’s summer statement (or “mini Budget”) 150 150 AJ

A range of measures to boost the UK economy in the wake of the Covid-19 pandemic has been announced by Chancellor Rishi Sunak. They include VAT cuts for the hospitality sector, a Job Retention Bonus for companies, a Stamp Duty Land Tax cut and an ‘Eat Out to Help Out’ discount. In a statement to the House of Commons, the Chancellor outlined plans to give businesses…

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Tax policy documents (and my thoughts) and Covid-19

Tax policy documents (and my thoughts) and Covid-19 150 150 AJ

HM Treasury and HMRC have set out new timelines for tax policy consultations and other work in the light of the current Covid-19 crisis. As I comment further below, this is welcome news but I would have gone much further… In summary: • There will be a three-month extension to many consultation deadlines to give stakeholders time to submit their views • The extension will…

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Budget Commentary

Budget Commentary 150 150 AJ

This was the first Budget of the new government, the first Budget for 18 months, and the first Budget of the new Chancellor, Rishi Sunak. It followed a Bank of England interest base rate cut from 0.75% to 0.25% (50 basis points) announced earlier in the day. Whilst the first Budget of a new Parliament usually sets the tone for the next few years, often…

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11 March Budget predictions

11 March Budget predictions 150 150 AJ

On 11 March, Sajid Javid will present his first Budget as Chancellor of the Exchequer, which will also be the first Budget in nearly a year and a half. It’s also the first Budget presented by a government with a sizeable majority in Parliament for a decade or so. The first Budget of any new Parliament is normally the one where the Chancellor has the…

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Retirement relief to Entrepreneurs’ Relief – the next stage of the journey?…

Retirement relief to Entrepreneurs’ Relief – the next stage of the journey?… 150 150 AJ

When I started my career in tax, we had Retirement Relief; very few people will remember it. Then we had Business Asset Taper Relief; some of you will remember that. Now we have Entrepreneurs’ Relief; but for how much longer? According to a recent article in The Times, this “loophole” (really? It is a Government incentive backed by comprehensive legislation) has “scandalised tax experts for…

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Tax policy – some personal thoughts and interesting statistics…

Tax policy – some personal thoughts and interesting statistics… 150 150 AJ

What do politicians want to do with tax? They want to raise revenue to fund public spending and they want to use tax policy as a political carrot. Clearly the two completely contradict each other. Most people don’t like paying tax. It’s the nature of my work that a lot of people ask how they can “get round the system” or “isn’t there a way…

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The tax gap – and the next PM wants to cut taxes further…

The tax gap – and the next PM wants to cut taxes further… 150 150 AJ

HMRC has recently published the 2019 edition of Measuring tax gaps which shows estimates of tax lost in 2017/18. Worryingly, the “gap” for 2018/18 is estimated at £35 bn, or 5.6% of total tax due. The 2017/17 figure was £33 bn (5.7%), so little progress has been made in reducing this. How does this fit, then, with our next PM’s wish to cut taxes? A…

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Innovation – why we’re missing a trick…

Innovation – why we’re missing a trick… 150 150 AJ

Innovation – why we’re missing a trick for early-stage financing There’s a market failure in financing early-stage technology companies. Anyone who watches “Dragons’ Den” will know there’s a fine balance between risk and reward, but for early-stage technology companies, a number of factors combine to make this an extremely tough area. The thoughts and solution outlined below are the result of input from several authors…

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