UHY Ross Brooke Chartered Accountants

Category: All insights

accountants offering support for individuals and businesses

COVID-19 economic support packages

The government announced in late December additional economic support to help businesses who have been most impacted by the Omicron variant. New Business Grants The government is introducing a new grant scheme to support businesses that are experiencing difficulties because of the Omicron variant. Hospitality and leisure premises will benefit

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accountants for sick employees

Latest Coronavirus updates regarding sick employees

Does my employee still need to provide a fit note? In addition to the SSPRS reintroduction for SMEs, there is also a temporary change to Statutory Sick Pay (SSP) Regulations. Absent employees can now self-certify their sickness for 28 days, in a temporary measure from 17th December, replacing the need

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accountants offering support for individuals and businesses

Latest Coronavirus updates for employers

Financial support for businesses impacted by Omicron Businesses impacted by Omicron can now access additional financial support from the Governement including: One-off grants for businesses in the hospitality and leisure sectors of up to £6,000 per premises (applies in England only). Local authorities have been given access to more than

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Less than a month until full customs controls are introduced

HMRC are reminding traders to prepare for customs changes that come into effect on 1 January 2022. You will no longer be able to delay making import customs declarations under the Staged Customs Controls rules that have applied during 2021. Most customers will have to make declarations and pay relevant

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tax on work party

Party, Party! It’s tax free!

Last year many businesses put on a “virtual” Christmas party event and HMRC agreed that would be acceptable in order for there to be no taxable benefit for the employees involved. There continues to be no taxable benefit for employees provided that all staff are invited, and the cost does

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accountants offering support for individuals and businesses

Repaying Overclaimed CJRS Grants to HMRC

HMRC have updated their guidance on repaying Coronavirus Job Retention Scheme (CJRS) furlough grants that have been overclaimed by employers. Employers, or their agents, must use the online service to get a unique payment reference number before they can pay HMRC back. Note that HMRC may levy a penalty if

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plastic packaging recycling

Plan It With Purpose: achieve your sustainability goals

Enterprise Nation is partnering with Aviva and Smart Energy GB to help businesses implement sustainable best practices that deliver a positive impact on the planet, society, and the economy. The programme has been designed to support small and medium businesses and business owners by increasing their understanding of environmental and

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peppa pig self assessment

Hands up anyone who’s been to Peppa Pig World

Boris Johnson has been vilified for shuffling his papers and mumbling ‘forgive me’, but simple apologies won’t go down well with HMRC either if you miss the self-assessment deadline. Self-assessment deadline 2020/2021 Remember to file your tax return for tax year 2020/21 by 31st January 2022, but don’t leave it

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HMRC letter CGT on Cryptoassets

Cryptoassets holders – has the taxman been in touch?

HMRC have started to send letters to holders of cryptoassets asking them to check that they have paid the correct amount of tax on their investments. HMRC have been gathering information on crypto investors over the last couple of years. HMRC have said that they are taking an ‘educational approach’

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accountant for wills, probate IHT and estate planning

IHT – Should we get married?

There are many reasons why couples get married but tax and inheritance rarely feature high on the list. Yet, as a tax adviser, I frequently find myself saying to clients that they really should marry their partner as so much can be at stake if they don’t. Usually, eventually and

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