UHY Ross Brooke Chartered Accountants

Category: All insights

pension and tax planning

Will I get a full state pension?

The current State Pension is £11,502 and is due to rise to around £12,000 a year for 2025/26. At current annuity rates it would cost over £300,000 to receive an index-linked annuity starting at £12,000 a year, so it’s important to maximise your entitlement. In order to receive a full

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Acoountants view on the budget

October 2024 Budget predictions

As the Budget date approaches, what might we expect to see announced on 30 October? By Chris Davies The government faces a considerable fiscal challenge, with a projected £22 billion shortfall, necessitating decisive action to manage public finances. While significant tax increases on income, VAT, or National Insurance have been

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file your tax and reporting on time

Companies House ramps up financial penalties regime

Companies House have rolled out a new penalties regime as part of a broader effort to boost corporate transparency and combat economic crime, following the implementation of the Economic Crime and Corporate Transparency Act 2023. This could mean tougher consequences in the shape of financial penalties for companies that don’t

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accountant for hospitality businesseses 613

New tipping laws: What you need to know

As of 1st October, new laws are in place to ensure that workers keep 100% of the tips, gratuities, and service charges they earn. This is a major development for employees in sectors such as hospitality, where tipping plays a significant role in take-home pay, and for employers, who will

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October cyber awareness month - protect your business

Is Your Business Cyber Aware?

October is always an exciting time with Halloween right around the corner (we’re all looking forward to seeing the creative costumes our team will come up with this year). But beyond the fun, October is also Cyber Awareness Month, a time to focus on safeguarding our organisations from digital threats.

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accountant for trusts and trustees

HMRC Announces New IHT Forms for Trusts

HMRC recently announced in their August 2024 Trust and Estate Newsletter that, following recommendations made by the former Office of Tax Simplification (OTS) and with working alongside professional bodies, such as the Chartered Institute Of Taxation (CIOT), the IHT forms have been updated. By Rebecca Horne-Smith – Senior Tax Manager

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UHY Ross Brooke Proudly Supports the YNRA Charity Run

At UHY Ross Brooke, we believe in making a difference not just through our work, but in our communities as well. That’s why we are proud to support the YNRA (You’ll Never Run Alone) charity run, a special event for an important cause. The YNRA run is no ordinary challenge.

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esg auditor and audits

Why use an audit firm for your ESG assurance report?

Companies are increasingly held accountable for their environmental and social impact, and the accuracy of their ESG (Environmental, Social, and Governance) reports is now more critical than ever. However, not all ESG reports are created equal, and the choice of who prepares these reports can make a significant difference. For

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