UHY Ross Brooke Chartered Accountants
If you’re a sole trader or landlord with annual income over £50,000, a major change is coming your way. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under Making Tax Digital (MTD) for Income Tax.
A recent £60,000 fine issued to Merseyside-based law firm DPP Law Ltd (DPP) by the Information Commissioner’s Office (ICO) has highlighted the serious consequences businesses can face when cybersecurity measures fall short. The fine followed a major cyber attack in 2022 that resulted in highly sensitive and confidential client information
Inheritance Tax (IHT) might sound like something only the super-wealthy need to worry about—but it can catch more people out than you’d think. With rising house prices and more people building up savings over their lifetime, it’s not uncommon for families to get stung with a tax bill they weren’t
From April 2025, significant changes to Stamp Duty Land Tax (SDLT) have come into effect, impacting homebuyers across England and Northern Ireland. These adjustments mark the end of temporary measures introduced in September 2022, which had aimed to ease the financial burden on property buyers. Here’s a breakdown of what
We have more than a passing interest in horseracing! Here’s our very own Peter Treadgold, a well-known face at several racecourses, and a highly respected accountant for bloodstock, racehorse trainers, owners and jockeys. UHY Ross Brooke once again sponsored the Lord Leconfield Pony Club raceday at beautiful Ascot Racecourse in
GreenFest 2025 showcased a strong commitment to sustainability in the Newbury area. Hosted at St Bart’s School in Newbury, the festival featured educational workshops, engaging activities, and vendor exhibits, attracting over 1,000 attendees from across the local community. The event highlighted the importance of innovation, education, and community engagement in
From 8 April 2025, Companies House has launched a new identity verification system as part of changes under the Economic Crime and Corporate Transparency Act 2023. If you’re a director, person with significant control (PSC), or someone who files on behalf of a company, this applies to you. What’s Changing
In the ever changing world of finance, AI is revolutionising bookkeeping by enhancing accuracy, efficiency, and reducing the time spent on repetitive tasks. Here are some tips on how to use AI to streamline your bookkeeping processes. By Sarah Hardy Automate Data Entry AI can automate the process of entering
The High Income Child Benefit Charge (HICBC) reduces or eliminated Child Benefit payments for individuals whose income exceeds a certain threshold. It applies when either parent earns over £60,000 (from April 2024) until it is fully withdrawn at £80,000. It is based on the individual income of the higher earner
The Annual Tax on Enveloped Dwellings (ATED) is a tax levied on UK residential properties valued at £500,000 or more, owned by companies or similar entities. Starting from April 2025, there will be an increase in ATED charges, reflecting adjustments to tax rates. By Mark Duddridge – Senior Tax Manager