UHY Ross Brooke Chartered Accountants

Category: All insights

working from home tax relief expenses

Why haven’t you outsourced your payroll yet?

If you’re running a business in the UK, you will no doubt be familiar with the concept of payroll. Payroll preparation presents its own unique challenges; it’s a complex world of tax codes, employment legislation, and endless paperwork that can make even the bravest of business owners feel a bit

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crypto & nft tax advice

Common Mistakes in Cryptotax Filings and How to Avoid Them

Cryptocurrencies have disrupted the financial world and have led to much discussion about taxation. While it’s exciting to be part of this financial revolution, it’s equally essential to keep the taxman satisfied. And that’s where many crypto enthusiasts make costly mistakes. Why cryptotax is different from traditional tax Traditional tax

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Purposeful Business

We are all in business for a purpose. Businesses exist to create and sell products or services and, by doing so, to make profit. A business that does not make money will not be a business for very long. Blog by Rhys Madoc CEO, UHY International But having a profit

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crypto assets regulation

Advanced Cryptotax Planning in the UK

The crypto world is bursting with perplexing technicalities and regulations. So let’s break things down and simplify the complex terrain of cryptotax planning in the UK. Introduction to Cryptotax What is Cryptotax? Every time you get a crypto asset (sell, trade, or earn cryptocurrency), the government wants its share in

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accountant for crypto assets and charities

How AI is Revolutionising Fundraising, Donor Management, and Financial Forecasting for UK Charities

As someone who both works in finance and follows development in Artificial Intelligence (AI) closely, I have witnessed with great interest, the transformational effects of technological advancements in the charity sector. The integration of Artificial Intelligence (AI) is redefining the way UK charities approach fundraising, donor management, and financial forecasting.

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electric company vehicle tax

Do you need a further incentive to get an electric company car?

The Workplace Charging Scheme (WCS) is a voucher-based scheme that provides eligible businesses with support towards the upfront costs of the purchase and installation of electric vehicle (EV) chargepoints. All businesses can use it to help provision chargepoints for their staff or fleets. Charities and small accommodation businesses can further

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academy trust accountants and auditors

Effective Risk Management for Academy Trustees

Identifying and Mitigating Risks By academy specialist Caroline Webster As company directors and charity trustees, Academy trustees carry significant responsibility. Beyond delivering high-quality education, they are charged with protecting the financial stability and overall integrity of their institutions. Among these responsibilities, effective risk management takes precedence, making it a critical

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crypto specialist accountants

Common cryptotax scenarios IRL

In the crypto world of Bitcoin, Ethereum, and countless altcoins, taxation becomes an ever-growing enigma. In the UK, the intricacies might baffle many. Let’s untangle this virtual net. Buying and Holding Crypto You just bought your first Bitcoin. Exciting, right? In the eyes of Her Majesty’s Revenue and Customs (HMRC),

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working from home tax relief expenses

7 simple steps to reduce your company’s tax liability

As a business owner, you understand that taxes are an inevitable part of running your business. However, with the right tax planning strategies, you can legitimately reduce your tax liabilities, ultimately retaining more profits for your business’s growth and success. Opt for Tax-Efficient Business Structures: Choosing the right business structure

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find a grant

Grants – are you eligible?

The Find a Grant service offers a free central place on GOV.UK for business, individuals, and organisations to find and apply for UK government grants. The Find a Grant service is an initiative being delivered by the Government Grants Management Function, in Cabinet Office. It is an innovative pilot that seeks to

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