UHY Ross Brooke Chartered Accountants

Day: August 5, 2024

Are you waiting for a tax repayment?

I am sure that I am not the only one to be perturbed by the news that taxpayers who have overpaid tax will now have to actually request repayment of their tax. By Chris Davies Where PAYE taxpayers have overpaid tax for 2023/24 HMRC will issue a statement of account

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vat registration help

HMRC VAT Registration Estimator Tool

HMRC have launched a handy new digital VAT Registration Estimator tool, with the aim of helping small business to determine if and when to register for VAT, including voluntary registration. By Chris Davies How to use the VAT Registration Estimator: Before starting you will need information to hand about your business income

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selling online - business tax

Are you selling on Amazon?

From 1 August 2024, selling fees charged by Amazon to UK vendors will be subject to VAT at 20%. This is because of a change in the legal entity that charges the fees. Previously, fees were charged by Amazon Service Europe S.a.r.l (ASE), which did not have a UK establishment,

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non-dom tax specialist

Changes to non-domiciled tax status to go ahead

The previous government included plans to end non-domiciled tax status at the Spring Budget and replace it with a 4-year foreign income and gains (FIG) regime. The new government have now announced their intention to continue with these plans, while ending some advantages for existing non-domiciled individuals. What the change

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Private school audit VAT and accountancy services

VAT on private school fees: What it means for you

Draft legislation has now been published for the government’s plan to end the VAT exemption for private school fees. The government is also legislating to remove private schools from being eligible for business rates charitable rates relief. Because business rates policy is devolved, the business rates policy change will only

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