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Penningtons Manches Cooper advises Navigator on its £4 million investment from IW Capital
Posted: 04/12/2025
The corporate team at Penningtons Manches Cooper has advised Navigator, an advanced digital marketing platform founded by Olympic rowing medallist Steve Rowbotham, on its £4 million investment from leading venture capital firm, IW Capital. Navigator utilises two billion exclusive first-party travel data to deliver precision-targeted......>>
The new umbrella companies tax regime – an 'expansion' of IR35?
Posted: 14/11/2025
Changes are on the horizon for businesses that rely on flexible labour arrangements, so employment businesses and companies engaging with casual or self-employed workers will need to take note......>>
Update on VAT for independent school fees
Posted: 12/02/2025
Many independent schools will now be registered for VAT and will have issued their first VAT invoices. For those who received fees in advance for the spring term prior to January, the requirement to register occurred on 8 December 2024 if the total payments exceeded £90,000. For schools who received payment in January of over £90,000......>>
Share incentives: fostering alignment and engagement
Posted: 21/01/2025
Funding has been raised, and the company is now in a position to take on employees. However, the cash has been raised for research and development and it is difficult to complete with large companies for employees when it is not possible to offer the same salaries. The first step should be to consider whether some form of participation......>>
Fuelling growth: funding your venture
Posted: 28/11/2024
A distressingly large part of a start-up CEO’s time is spent in the funding process – seeking the investment needed to get to the next stage on the journey. Penningtons Manches Cooper’s corporate team advises businesses on all stages of the funding cycle – from pre-seed and seed, through larger series A rounds and beyond to IPO. It’s an almost......>>
VAT on school fees – key steps for independent schools
Posted: 16/10/2024
Following on from the Chancellor of the Exchequer’s statement on 29 July, and the technical guidance published on the same date, this article sets out below what is now known about the introduction of VAT on independent school fees. VAT will apply to school fees and vocational training supplied by an independent school from 1 January 2025......>>
Proposed changes for VAT on private school fees
Posted: 12/02/2024
It is widely anticipated that a general election will be held in the final quarter of this year. The Labour Party has confirmed that it intends to remove the VAT exemption on independent school fees, as originally set out in its 2019 manifesto. If Labour win the election, it could, theoretically, make a change to the VAT rules relatively quickly......>>
Some good news about IR35: changes for off-payroll working applying from April 2024
Posted: 13/12/2023
Changes to the IR35 regime (also known as off-payroll working), which will come into effect from April 2024, are likely to provide some welcome clarity for organisations that work with individuals via an intermediary company. Off-payroll working applies where individuals provide their services through an intermediary, such as their own......>>
Penningtons Manches Cooper advises Hutano Diagnostics Limited on its sale to EDX Medical Group PLC
Posted: 23/10/2023
The corporate team at Penningtons Manches Cooper has advised Oxford-based Hutano Diagnostics Limited, an innovative, quantitative, multiplex point of care testing platform, on its sale to EDX Medical Group PLC. Founded in 2018, Hutano Diagnostics’ mission is to enable accurate and timely disease prognosis, diagnosis......>>

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