UHY Ross Brooke Chartered Accountants
What’s next after school? For many teens, that’s the million-dollar question. But at Lydiard Park Academy’s recent careers day, the buzz wasn’t about stressing over the future—it was about exploring exciting possibilities. And UHY Ross Brooke was there to help make it all happen! We were absolutely thrilled to be
Significant tax changes were announced in the Autumn 2024 Budget affecting owners of double-cab pickup trucks (DCPU). From 1 April 2025 for Corporation Tax and 6 April 2025 for Income Tax, double cab pick up trucks with a payload capacity of one tonne or more will be reclassified as cars for
Download our handy tax card which shows the latest tax rates for the taxes we are asked most about. This summary contains the key tax rates and allowances for the 2024/25 tax year, as applicable to persons resident and permanently settled in the UK. It is not an exhaustive list
The recent announcement in the 2024 Autumn Budget that the rate of employer’s National Insurance will rise from 13.8% to 15% from April 2025 will encourage employers to look at ways to reduce this additional cost, and one way that employers and employees might find appealing is an electric vehicle
The UK government is introducing changes to how taxpayers report their income. This initiative, called Making Tax Digital for Income Tax (MTD for ITSA), aims to simplify tax reporting and improve accuracy. Here’s what you need to know. By Chris Davies – Partner Why Is the Government Introducing MTD? The
The UK government is testing a new generative AI chatbot to help small businesses access information more easily on GOV.UK. Up to 15,000 users can now ask the chatbot questions about business rules, taxes, and available support. By Chris Davies – Partner Linked from 30 business-related GOV.UK pages, the tool
On 30 October 2024, Chancellor Rachel Reeves presented her first Budget to Parliament. This was a Budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of
Well, here we are, in the aftermath of what felt like the most eagerly anticipated budget ever (maybe). The sky hasn’t fallen in but there is certainly lots to consider. Back in March 2024 our ‘reform of the non-dom taxation’ blog summarised the changes to the non-dom rules which were
The 2024 Budget brought clarity to the Employee Ownership Trust provisions, addressing potential misuse while supporting businesses that have genuine intentions. Key changes include a ban on offshore trustees, mandatory market valuations and a focus on long-term employee ownership. By David Jones – Tax Director For years, there has been
There were significant changes in the Budget on the 30th October 2024 that will have a major impact on Estate Planning in the future. This note is not intended to be all embracing but seeks to address the concerns of our typical clients. By Michael Brooke FCA TEP The major changes