UHY Ross Brooke Chartered Accountants
At UHY Ross Brooke, we are proud of our long-standing annual sponsorship of a race at Newbury Racecourse. Each July, we eagerly await this event, which has become a highlight in our calendar. We know that it is a popular event and is a way for us to show our
Employers may meet the cost of certain social events for staff without creating a tax liability. This used to be a concession but is now a statutory exemption provided certain conditions apply. The exemption applies to an “annual party or similar function” provided it is available to all employees or
The government has now issued the draft legislation to abolish the special tax treatment of furnished holiday lettings (FHL) with effect from 6 April 2025 for individuals (1 April 2025 for corporation tax). This change will remove the tax advantages that current FHL landlords have received over other property businesses
On 29 July 2024, the Chancellor announced that as of 1 January 2025, for all education services and vocational training supplied by a private school, or a connected person, a charge will be subject to VAT at the standard rate of 20%. Boarding services provided by a private school, or a