UHY Ross Brooke Chartered Accountants
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
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
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
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
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’
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
The Coronavirus Job Retention Scheme ended on 30 September 2021. 14 October 2021 was the last date to make a claim for September. For claim periods from 1 November 2020, HMRC may accept late claims or amendments if you have: Taken reasonable care to try and claim on time. A
Our summary of the key points from the October Budget Residential Property Developers Tax (RPDT) confirmed for large corporate property developers on profits in excess of £25m at a rate of 4% from 1 April 2022. This is billed as a Building Safety Levy to include paying to remove dangerous
Environmental, Social And Governance (ESG) Blog by by Rhys Madoc CEO, UHY International Environmental, Social and Governance is taking over from Corporate Social Responsibility (CSR) as a way for businesses to demonstrate a measurable commitment to sustainability. ESG covers environmental impact, company culture and leadership, and takes into account factors
The HMRC guidance has been recently updated to reflect the fact that employees can no longer be furloughed using the Coronavirus Job Retention Scheme. The scheme ended on 30 September 2021. If any of your employees are working from home due to coronavirus (COVID-19), either because your workplace has closed,