UHY Ross Brooke Chartered Accountants
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
If you are a young entrepreneur then UHY Ross Brooke is well placed to support you. Our experience shows that younger clients who are setting up a business have great ideas and boundless energy and enthusiasm, but their lack of business experience can leave them vulnerable to mistakes which can
Children and young adults (under the age of 18) are generally taxed on any income and gains they may receive in the same way as adults. By Tom Annat – Tax Manager Children are entitled to a tax-free personal allowance for income tax (currently £12,570) as well as the capital
Crypto currency is a topic which is rarely far from the news headlines these days and not always for the right reasons. By Tom Annat, Tax Manager The early hype suggesting we would all be buying our morning coffee with Bitcoin has yet to come to fruition. Whilst for many,
School Governors’ Awareness Day is on 28th February 2023, with the aim of raising awareness of the incredible contribution school governors and trustees make to the lives of our young people, their schools and academies. The roles often come with little formal training for the 300,000 volunteers who are responsible
It’s important for organisations to carefully consider their specific needs and priorities when choosing an audit firm. There are several reasons why a mid-tier firm may be a better choice for a company’s audit compared to a big 4 firm. In conclusion, while the big 4 firms have the resources
Are you thinking about the next tax year, and how you can give greater benefits to your employees? By Phil Kinzett-Evans Here are some examples of the types of tax-free assistance the tax legislation allows, which you should bear in mind when thinking about how to maximise the package you