UHY Ross Brooke Chartered Accountants
Blog by by Rhys Madoc CEO, UHY International The Right Support Is Critical Good businesses start with an idea that skilfully and efficiently connects supply with demand. But while every business needs one, even the best idea will not, on its own, develop a healthy and regular turnover. That is
Businesses must register for VAT once their turnover exceeds the VAT registration threshold of £90,000 (as at April 2024). But there are times where a business may wish to register for VAT voluntarily. Why would that be? Benefits of VAT registration Being registered for VAT can attract larger clients or
Our UHY team of charity experts have pooled their insights and opinions into our seventh consecutive Charity and NFP Sector Outlook, to bring you the salient issues relevant to the sector at this time. From our insights on the key issues impacting the sector to top tips about how to
A recent article in newbusiness.co.uk, looks at ways in which crypto currencies are currently being used in business and how it’s not quite as simple as using fiat currencies such as GBP. The article discusses the implications for accepting, paying, remunerating staff and investing. Read the whole article, including the
HM Revenue and Customs (HMRC) recently published the next stage of their consultation on the taxation of Decentralised Finance (DeFi) lending and staking. They are seeking the views of those who work in, and invest in crypto, on whether crypto specific rules should be introduced to cover DeFi lending and
Domicile is not residence and is a fairly specialist area. It is a uniquely British concept and broadly a person is born with their domicile of origin but that can be replaced by a domicile of choice. By Michael Brooke This can be quite a complex area but broken down
Landlords in the Private Rental Sector (PRS) appear to be reconsidering how they own their property. We are seeing more landlords enquiring about incorporating their property portfolios. Why? It’s simple. They’re looking for ways to improve their profitability and one way is to reduce the tax they pay. Whether it’s
Concerning Wills created before 9 October 2007, the nil rate band (NRB) was often wasted when assets passed entirely to the surviving spouse. This potentially would cost an extra £140,000 of IHT so wills were drafted before that date to either give away assets to the value of the NRB
In the third of three blogs exploring personal success, Rhys Madoc looks at ways to manage your career path. Blog by Rhys Madoc CEO, UHY International The last few years have raised some challenging questions about how we work, where we work and why we work. I have discussed some
Failure of private landlords to issue the government’s latest version of the ‘How to Rent’ document to tenants at the start of their tenancy, or on renewal (if the document has changed), means landlords could lose the right to repossess their property under Section 21. There will be a new