UHY Ross Brooke Chartered Accountants
In today’s digital age, protecting online accounts has become more critical than ever. With the rise of cloud computing, businesses and individuals alike are storing vast amounts of sensitive information online. While cloud services offer unmatched convenience and accessibility, they also present a significant target for cybercriminals. This is where
The allure of additional income from holiday lets and Airbnb properties has captivated many homeowners across the UK. However, with the rise of such ventures comes an increased focus from HM Revenue & Customs (HMRC). More and more taxpayers are finding themselves under the microscope for undeclared income from these
The UK property market has long been an attractive prospect for developers, promising lucrative returns. However, the path to success is fraught with financial and tax complexities that can quickly derail even the most ambitious projects. With years of experience advising property developers these are the most common issues that
Most of us have never been involved in dealing with someone’s ‘estate’ until a person close to us dies. Being confronted by a mass of legal terms and procedures can be daunting, particularly when we are also dealing with bereavement. Putting the right things in place well in advance; such
If there is an international dimension to your personal or business or corporate financial affairs then you should be very aware that times are changing, and the aggressiveness of tax authorities, certainly across the UK and EU is on the up. Period. By David Jones – Tax Director The tax
The Charity Commission has recently concluded its regulatory compliance case into the Actors’ Benevolent Fund and has drawn out some lessons that can benefit all charities. The case was opened in February 2022 over concerns about how the Fund was being governed and its financial controls. There were significant disagreements
In the UK, the highest capital gains tax rate on the sale of shares in a business is 20%. However, this rate can be reduced to just 10% on the first £1 million of taxable gains if the sale qualifies for Business Asset Disposal Relief (BADR). By Chris Davies In
Determining the correct VAT treatment of supplies made by skincare and aesthetic clinics can be particularly challenging for the inexperienced. By Chris Davies Who undertakes the treatment, the reason for the treatment and the nature of the treatment itself can all affect the determination of the correct VAT outcome. There
One of the questions we are often asked is “which is the best way to buy equipment?” Let’s consider the options: Lease Leasing means renting an asset (such as machinery, vehicle or computer) from a finance company for a set period. After the lease term ends, you usually return the
In the last Budget the Chancellor announced a number of proposed changes to the taxation of Furnished Holiday Lets (FHLs) including Airbnb type lettings, but before looking at these it is probably worthwhile reminding ourselves of the existing rules. Tax advantages of FHLs Since the special tax rules were introduced