UHY Ross Brooke Chartered Accountants
On your special day this is one father’s day present you will not want. Child benefit claimed, repaid, income tax rate and risk of a fine from HMRC. Way back in 2013 we published a blog about the unfairness of the Child Benefit entitlement and the marginal rate of tax
What is SEIS (Seed Enterprise Investment Scheme)? SEIS offers substantial tax reliefs to investors in early stage companies which may find raising finance difficult. SEIS is aimed at individuals looking to invest in business start-ups, and offers very attractive tax reliefs, but the devil is in the detail. It is
Do you legally hold assets on behalf of someone else? Or perhaps you are a Trustee looking after assets on behalf of other individuals? Examples of trusts You may need to register your Trust on the TRS if: You hold an asset on behalf of a minor child* or another
In a ruling*, reminiscent of the Jaffa cakes/biscuits story, the FTT has ruled that products described as flapjacks were not cakes. Cakes are classed as zero rated for VAT purposes, and therefore this ruling meant that these flapjacks were indeed subject to VAT at the standard rate. The Vat Food
Whether employed, self-employed or trading through a limited company, pension contributions can be a very efficient way of lowering your tax liabilities. Pension contributions and income tax examined Depending on your status as a basic, higher or additional rate taxpayer, the Government will automatically uplift your pension contributions by 25%
Homer Simpson would be holding his head at this mistake, with Doh! or even Dough! an inadequate response. What’s Bitcoin Pizza Day? In 2010, Bitcoin and cryptocurrency were hardly spoken of, and few people could have foreseen their future. Laszlo Hanyecz from Florida is one unlucky man. On May 22
The government has launched a wide-ranging £375 million package of support for innovative energy technologies with the aim of powering British homes and businesses for decades to come and strengthening the nation’s energy security. This includes £240 million to support the production of hydrogen as a clean, low-cost energy technology,
Download our handy tax card which shows the latest tax rates for the taxes we are asked most about. Any questions? Please contact us about the April tax changes. We can provide a full tax review which will help identify possible tax savings.
Saving used to be the foundation of good financial management. Putting cash away to deal with emergencies, or to build up a cash sum for anything from a deposit on a first home to our old age was the first step to financial security. The banks and building societies were
During the COVID-19 pandemic many employees were required to work from home. Since restrictions have been lifted, employers have put in place “hybrid” working arrangements whereby employees work from home on certain days and in the office for other days. Some of these arrangements are contractual and others are arranged