UHY Ross Brooke Chartered Accountants
When it’s more than one. But what constitutes multiple dwellings for HMRC? A transaction which is liable to Stamp Duty Land Tax (SDLT) may qualify for substantial relief, and property buyers can be tempted by the prospect of a tax refund. Many unscrupulous organisations are offering their services, offering to
Crypto currencies are becoming more mainstream. Ethereum tokens and block chain technology can be used to execute smart contracts which are automated and which complete when a pre-defined set of criteria are satisfied. More recently, this has driven the development of the decentralised autonomous organisation (DAO). A DAO can be
Generally speaking, in most owner managed businesses, dividends are more tax efficient than salary as dividends do not attract employees or employers NI. Dividends must be paid in proportion to the number of shares held. So if a dividend of £10 per share is declared then the holder of 10
By Rebecca Horne-Smith Legislation day was 20th July and this saw new draft legislation issued for rules surrounding disposals in connection with divorce etc. These new rules will come into effect for disposals made on or after 6th April 2023, although are subject to change before the publication of the
Did you know its “Plastic Free July”? And did you know that affected companies need to submit their first plastic packaging return this month? Plastic-free July started in Western Australia in 2011 and is now an annual event in over 150 countries; the aim of which is to educate consumers
The talent shortage continues to place a burden on the economy. As companies struggle to find the talent they need, now is the time to invest in new and more strategic approaches to developing an early talent pipeline. One way of bringing in new talent is through traineeships. A traineeship
It’s important to tell HMRC about any Class 1A National Insurance contributions that you owe for the tax year ending 5 April 2022 by 6 July 2022 at the latest. You also need to send them any P11D forms due by 6 July 2022. Failure to do so may result in a penalty. Any Class
Innovation has generally been recognised as essential for value creation, both for individual companies and for the UK economy as a whole. The development of new ideas, processes and technologies and their flow across different sectors is a significant driver of economic growth and productivity. Recently, innovation has also been
The cost of living increase means it’s never been more important for your employees to claim tax relief on work-related expenses. HMRC want to encourage employees to claim money they are entitled to using the HMRC online service. You can support HMRC and your employees by passing on the useful
By Tom Annat A question often asked of tax professionals is in relation to property ownership and how this should be structured. This could be in relation to existing property or a proposed future purchase. The taxation of property income or gains can vary significantly depending on ownership and property