UHY Ross Brooke Chartered Accountants
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
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