UHY Ross Brooke Chartered Accountants

Category: All insights

academy trust accountants and auditors

8 Tips for Effective Financial Management in Academies

By academy specialist Caroline Webster Managing finances in an academic institution can be a daunting task, even for the most seasoned trustees. This role comes with the responsibility of being accountable for all financial operations, which requires a keen understanding of budgeting, financial planning, and prudent decision-making. Through years of

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patent box advisors

Looking Into the Patent Box: A Game-Changer for Businesses

As businesses strive to gain a competitive edge in today’s rapidly evolving marketplace, innovation has become an essential driver of success. Intellectual property (IP) assets, such as patents, hold significant value, fuelling the need for favourable tax incentives that reward companies for their innovative efforts. One such incentive that has

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starting a business - tips from an accountant

Starting A Business

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

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vat - need to know

Why might your business voluntarily register for vat?

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

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goodwill assets tax

Charities and NFPs – download free resources

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

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crypto tax advice

Tax implications for businesses using crypto

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

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crypto assets regulation

Cryptoasset regulation – next stage of plans revealed

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

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accountants charity walk

UHY take on the three peaks challenge, and win!

More photos from our 8 intrepid explorers who completed the Yorkshire three peaks challenge. UHY Ross Brooke’s team has raised £944 to date for ShelterBox – can you help us to make it £1000? If so, you can still donate to our JustGiving page Thank you for supporting them. Our

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accountant for wills, probate IHT and estate planning

UK probate for non-UK domiciles

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

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