UHY Ross Brooke Chartered Accountants

Day: April 28, 2020

Bounce back loans

New 100% government backed loans for SMEs

In the past few weeks we’ve been calling on the government to provide further support for SMEs.  We’re delighted that today the government has announced a 100% government backed loan facility for SMEs to borrow up to £50,000.  Our view on the new scheme is that this is just the

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New Taxation Rules for Non-UK Resident Corporate Landlords

Why does this matter? For UK property rental business profits arising after 5 April 2020 to a non-UK resident corporate landlord (“NRCL”)then that company must pay UK corporation tax on those profits, rather than income tax.  The existing UK income tax registrations, which would facilitate the payment of income tax

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