The Big Chill🌶 – Soft Touch Arts Fundraiser Winner at the 2019 Leicester Comedy Festival Community Award

2019’s Leicester Comedy Festival Awards were announced at St Martins House recently and Winner in the Community Awards category was The Big Chill🌶 a Charity fundraiser for Soft Touch Arts organised by Tracey & Pete Miller of The Miller Partnership – Taxation Specialists.

Hosts for The Big Chill🌶 were the award winning Chutney Ivy, situated in the heart of the Cultural Quarter, and Shaf and his team, who have been nominated again for Restaurant of the Year at the Leicester Curry Awards were magnificent.

Glynis Wright & Co Family Solicitors & Mediators were sole sponsors and Shazia Mirza from TV’s Jonathan Ross Show, HIGNFY and Celebrity The Island with Bear Grylls, was the star of the show.

This year the £4,000 profit takes the total amount to over £10,000 raised by The Miller Partnership in their 4 years of Leicester Comedy Festival events for Soft Touch Arts. Geoff Rowe and Katherine West from Big Difference Company have supported these shows each year enabling them to grow and develop.

Leicester’s business community comes together every year for this Comedy and Curry extravaganza, and fabulous prizes were donated by Winstanley House, Hanlon Hospitality, Curve, Queen Victoria Arts Club, Burleighs Gin, Owlhouse Day Spa, Eileen Richards Recruitment and Howes Percival, who also donated Carl Mifflin dressed as a Hot Chilli to encourage guests in their generosity.

Soft Touch Arts will fund their Creative Enterprise Programme which supports more than 50 young people each year who struggle to reach their potential because of difficult life circumstances and challenges with mental health & wellbeing.

The Creative Enterprise Programme supports the development of their individual creative talents, giving them both newly built confidence plus the invaluable building blocks of enterprise skills, so that they can learn to make, sell and market their own creative works.

Community collaboration is definitely at work here in Leicester.

Tracey Miller’s three month dry spell raising thousands for Hope Against Cancer

Source: www.leicestermercury.co.uk/news/business/tracey-millers-three-month-dry-1978064

Nelsons Solicitors Networking Drinks at Revolution Bar, New Walk, Leicester

Robert Radford (Nelsons), Pete Miller (The Miller Partnership) and Ziaur Rahman (Nelsons)

Robert Radford (Nelsons), Pete Miller (The Miller Partnership) and Ziaur Rahman (Nelsons)

Nelsons Solicitors recently held its quarterly business drinks reception and light buffet networking event at Revolution Bar just up from their offices on New Walk in Leicester.  Pete was in the area and attended along with around 40 other guests including staff members, contacts and clients of the firm who travelled from across Leicestershire.  Commenting on the event Pete said, “It was a really good event and a great opportunity to catch up with friends new and old informally over a beer and some nibbles.  I’m looking forward to their next event which, I believe, will be held in November.”

More photos from the event can be found here:

http://www.leicestermercury.co.uk/news/business/gallery/nelsons-solicitors-networking-drinks-revolution-478448

Food Glorious Food – a scrumptious and hilarious night at Soft Touch Arts

The Food Glorious Food Jukebox Jokeslam at Soft Touch Arts sponsored by Miller Partnership and Jukebox was truly an evening of Foodie fabulousness.

Guests enjoyed great food and drink, a fabulous buffet, whilst anticipating the comical entertainment for the night, which included a spot from Pete.

The event raised the stunning amount of £2,800 – full details on the Soft Touch Arts blog.

Spring 2017 Budget: sowing the seeds

Thompson Reuters Practical Law asked leading tax practitioners for their views on the Spring 2017 Budget.

Pete Miller pointed out the contrariness in the Chancellor’s approach:

“The real difference is that the self-employed people and small business owners bear the commercial risks of their businesses failing, risks that simply do not apply to employees; they put their own money into starting businesses, employing workers and driving the economy forward.”

Read Pete’s full contribution.

Budget 2017 comment from corporate tax expert Pete Miller

Budget 2017 comment from corporate tax expert Pete Miller of The Miller Partnership, based in Leicester.

“Probably the biggest issue in the Budget is the increase in class 4 National Insurance contributions for self-employed people to 10 per cent from April 2018 and 11 per cent from April 2019.

Additionally, director shareholders are also penalised by the reduction of the tax-free dividend allowance from £5,000 to £2,000 a year from April 2018.

This means that most self-employed and owner-managed companies will be worse off.

The Government talks a lot about supporting working families but its actions belie its words, with big tax hikes for self-employed people and small business owners.

The Chancellor’s rationale was that differences in National Insurance were justified by differences in pension and benefit entitlement for employees.

But the real difference is that self-employed people and small business owners bear the commercial risks of their businesses failing; risks that simply do not apply to employees.

Business owners and the self-employed put their own money into starting businesses, employing workers and driving the economy forward, and increasing their tax burdens will reduce the attractiveness of business ownership.”

New publication available ‘Tolley’s Tax Digest 173 – Transactions in Securities’

Tolleys Tax Digest - Transactions in Securities Issue 173 March 2017Tolley’s Tax Digest – Transactions in Securities, issue 173 March 2017 is now available.

This publication by Pete Miller contains detailed, expert guidance:

  • fully updated for the FA 2016 changes;
  • relevant case law, including Cleary, Greenberg, Joiner and Wiggins;
  • impact on reductions of capital;
  • effect of winding up close companies;
  • new fundamental change of ownership test;
  • changes to the motive tests;
  • extended definition of income tax advantage;
  • clearances;
  • counteraction;
  • appeals;
  • and much more.

De Montfort University Employability Mentor Training

We are very proud to work closely with De Montfort University and in particular with their Employability Mentoring Officer – Andy Morris. Pete has spoken at the University before as well as mentored one of their business students so he was delighted to be included in their recently run Mentor Training. This video was put together after Pete attended the session and the film will be used to communicate the importance of skills development to those mentors who are based further afield and couldn’t make the training. If any businesses are interested in mentoring then we would wholeheartedly recommend talking to DMU and getting involved in helping students prepare for the world of work.

Leicester Tax Expert Pete Miller Receives National Award

Corporate tax expert Pete Miller has received national recognition from the Chartered Institute of Taxation, (CIOT) the leading professional body for tax in the UK.

The co-owner of tax consultancy The Miller Partnership in New Walk, Leicester, he is to receive the CIOT’s Award of Certificate of Merit for his contribution to education and conference lecturing.

Pete lectures nationally to accountants and lawyers all over the country, and locally as guest lecturer at De Montfort University. He is passionate about education and sits on the Institute’s Education Committee and on a number of technical sub-committees.

Professionally he is also instrumental in helping reshape UK taxation policy though CIOT’s consultations with HM Revenue & Customs.

Most notably Pete was among tax advisers who succeeded in getting changes to Entrepreneurs’ Relief introduced in 2015 revised and backdated so that its anti-avoidance measures were targeted more accurately and fairly.

The Award of Certificate of Merit was introduced by the CIOT’s council in 2010 for both members and non-members who have played a significant role in the workings of the institute.

Pete said: “It was a wonderful surprise to learn that I am to receive this award.

“It’s a great honour – especially as this recognition has come from my fellow tax professionals.

“I am a great supporter of the CIOT and the role the institute plays in educating and informing people about how the UK tax system works.”

Pete will be presented with the award at an evening reception at the Darwin Centre of the Natural History Museum in London on Tuesday October 11.

Insolvency and Anti avoidance: What YOU Need to Know

Anti-avoidance rules in force from 1 April 2016 mean that the proceeds of a liquidation might be charged to income tax at up to 38.1%, instead of to capital gains tax at only 10%. We strongly recommend that all insolvency practitioners ask HMRC for a clearance before distributing any of the assets of a company in liquidation.

If you are an insolvency practitioner, or if you work with insolvency practitioners, you will need to get to grips with these new rules as soon as possible.

We have studied the regulations in depth and had meetings with HMRC about them. Most importantly, we are experts in obtaining clearances so contact us now on 0116 208 1020 for more help and advice.

A phone call to talk about the new rules will cost you nothing and could save your clients a fortune!

Ideas to improve the substantial shareholdings exemption

Pete was recently interviewed for an article on Accounting Web about the Substantial shareholding exemption (SSE) which provides a tax exemption for the gain made when a trading company (the investor) disposes of shares in a trading subsidiary (the investee).

Pete believes the SSE relief is defective in parts and the current consultation doesn’t address those failings.

See Ideas to improve the substantial shareholdings exemption for the full article

Fine & Funny Dining

lcf_logoYou may have heard of the ‘Fine & Funny Dining’ evening which The Miller Partnership are hosting at Soft Touch Arts as part of Dave’s Leicester Comedy Festival line up (see page 68 of the festival brochure for details).

Celebrating 30 years of Soft Touch Arts and their fabulous, business friendly, ‘Cooking Up Business’ initiative, new for 2016, the evening is being generously sponsored by K Kong Events and The White Peacock whose chef patron Philip Sharpe will be cooking up a storm in the Soft Touch kitchen to take care of the Fine Dining part of the evening.

The Funny comes courtesy of K Kong who proudly present award winning comic Jarred Christmas – Fine & Funny Dining’s headline act. He’ll be joined by some of the stars of Leicester’s Stand Up Challenge, including our very own Pete Miller and an exclusive local comedy talent, all corralled by Coalville’s stalwart comedy compère Alan Seaman.

Food, giggles, great company and most importantly, all for a good cause … what’s not to love?!

The search to find Leicestershire’s wittiest businessman or woman has attracted a broad range of contestants.

The search to find Leicestershire’s wittiest businessman or woman has attracted a broad range of contestants.

The people behind Dave’s Leicester Comedy Festival are organising the 2015 Stand Up Challenge and looking for eight participants to sign up.

So far, around half that number have come forward.

Read more: http://www.leicestermercury.co.uk/ve-good-jokes-ambition/story-27493281-detail/story.html#ixzz3hD0DQKhU

Budget changes

In this article Pete from The Miller Partnership gives broad approval to Budget changes saying, “This is designed to make the UK more competitive but, if it is intended to encourage inward investment, it misses the mark, as the main beneficiaries will be the huge majority of small companies that are incorporated in the UK, anyway.”

Read more here: https://www.themillerpartnership.com/wp-content/uploads/lm110715.pdf

Leaky Business

The recent decision of the First-tier Tribunal in Leekes Ltd (TC4298) throws light on the requirement to stream trading losses when one company succeeds to the lossmaking trade of another. It is, significantly, the first case on this subject since Falmer Jeans Ltd v Rodin 63 TC 55 in 1990.

View the full article here.

We’re exhibiting at the Leicester Business Event 2013 (LBE13)

RCI0001EWe’re exhibiting at the Leicester Business Event 2013 (LBE13) on 3rd October at the Leicester Tigers GNC stand from 9.30am until 4.30pm. Come and see us at the (FSB) Federation of Small Businesses stand.

Exhibition spaces are now fully booked for the Leicester Business Event 2013 (LBE13) however visitors can attend the event for free with the opportunity to explore over 110 exhibition stands which are spread across two floors.

Visitors are encouraged to pre-register to attend the event for their pre-registration pack which includes a full list of exhibitors, floor plan, event schedule and name badge. This will save queuing on the day and give visitors the opportunity to prepare their own strategy for making the most of the event for their business or organisation.

Not only does the event have a variety of exhibitors but also, for the first time, the exhibition is featuring a section called the Market Street which will be located on the ground floor known as the Final Whistle and will have high street retailers with products to sell on the day.

Other activities will be held throughout the day including seminars with eight speakers, two speed networking sessions with the opportunity to meet 18 different businesses in under an hour. There’s also a ‘Meet the Buyer’ session where you can have a one-to-one consultation with a variety of public sector suppliers and larger organisations.

Free to attend, the exhibition is going to be the biggest it has ever been with an expected 1,000 visitors.

To register and receive your free pre-registration pack and badge, please visit http://www.hi2events.co.uk/pages/events/eventitem/LeicestershireBusinessEvent2013LBE/86/.

For a full list of exhibitors please visit http://www.leicesterbusinessevents.co.uk/Exhibitors.aspx

The Tax Aspects of Corporate Restructuring – Pitfalls & Challenges Explained

The taxation of corporate transactions is complex but, if properly understood, can ensure that commercial transactions are not encumbered by unwarranted tax liabilities.

This half-day seminar will take you through the tax rules which govern company reorganisations, mergers and demergers and other forms of corporate and group reconstructions and demonstrate how they work in practical situations.

Find out more and book your place >