UHY Ross Brooke Chartered Accountants
If you trade as a limited company, then you will likely know that balancing salary and dividends is key to extracting profit from your company in the most tax-efficient way. Both methods have distinct implications. and the right mix will depend on your specific circumstances. The Autumn Budget, with its
Last week, our teams from Swindon, Newbury, Abingdon, and Hungerford turned up the festive cheer – and the knitwear – by donning their most wonderfully woolly Christmas jumpers in the name of charity. From classic reindeer designs to jumpers that jingled (quite literally), our offices fully embraced the season’s spirit
Employee Ownership Trusts (EOTs) are becoming an increasingly popular business structure in the UK. Introduced in 2014, EOTs provide a tax-efficient way to transition ownership while fostering employee engagement and long-term business sustainability. There are several compelling reasons why businesses should consider adopting this innovative model. By Chris Davies One
UHY Ross Brooke was one of 27 local businesses who stepped up last week, donating essential items to help those in need. The Newbury Soup Kitchen received their first delivery on Friday, with more to follow this week. Meryl and her team work hard all year round to provide a
Creating a government business tax account with Her Majesty’s Revenue and Customs (HMRC) in the UK is an essential step for businesses to manage their taxes online. Here is a step-by-step guide to help you set up your account. 1. Prepare information Before starting, ensure you have the necessary information
This is a timely reminder that employers may make small tax-free gifts to employees and directors if all of the following conditions apply: This is known as the ‘trivial benefit’ exemption. Employers do not need to pay tax or National Insurance or let HMRC know, however, they need to keep
The Swindon office took part in RunVember, where our team had to run/walk a minimum of 1 mile each day; 30 days, 30 runs. Most days, the team completed more than 1 mile together through walks at lunch time, runs after work and attending local park runs on the weekend.
With last week being Charity Fraud Awareness Week, the Charity Commission has unveiled updated guidance to help trustees protect their charities from fraud and cyber crime. This follows the regulator revealing that it opened 603 cases related to fraud and 99 cases involving cyber crime in the past year. Simplified
HM Revenue and Customs (HMRC) have issued a reminder to be careful about scam attempts that target people filing Self Assessment tax returns. In the last year, nearly 150,000 scam attempts were referred to HMRC, a 16.7% increase on last year. With the 31 January 2025 filing deadline approaching, fraudsters