UHY Ross Brooke Chartered Accountants

Category: All insights

Carbon Footprint Audit

Can your businesses benefit from cheap “green” loans?

UK companies stand at a unique advantage when it comes to embracing sustainability, particularly through the availability of cheap green loans. These loans, designed to promote eco-friendly practices, offer businesses reduced interest rates and favourable terms, making it financially viable to invest in sustainable initiatives. Chris Davies – Partner  By

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charity accounts - accountancy services and audits

Overcoming Banking Challenges: Essential Guidance for Charities

Recent data reveals that nearly half of UK charities are encountering significant problems with banking services. These issues range from difficulties in opening accounts to unexpected account closures, all of which can severely disrupt a charity’s operations. By Caroline Webster – Charities and NFP Partner The extent of the problem

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crypto tax advice

HMRC ups the ante with Crypto nudge letters

After two relatively friendly reminder letters to cryptoasset holders, to make sure that their tax affairs are in order, HMRC have upped the ante with a third nudge letter that should leave the reader in no doubt that HMRC are serious about collecting tax due on crypto assets. By Chris

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accountant who cares about clients

Client Advocacy

How to make clients feel like partners Everyone in business knows that the relationships we develop with clients and customers are crucial. The closer those relationships are, the more successful both parties tend to be. Blog by Rhys Madoc CEO, UHY International But in a world that is both digitally

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Why Social Responsibility is important in your business

The idea of Environmental, Social, and Governance (ESG) is now a key element in how businesses are evaluated, with companies large and small being urged to consider their broader impact on the world. While large corporations often lead the charge on ESG discussions, small and medium-sized enterprises (SMEs) play a

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inheritance tax advisor

Increasing numbers of estates paying IHT

In recent years, there has been a noticeable surge in Inheritance Tax (IHT) liabilities.  HMRC has just published a report on IHT liabilities up to 2021-2022 tax year, see graph below. The graph shows liabilities consistently around the £5bn mark for the 4 years 2016/17 to 2019/20, then, a large

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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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