UHY Ross Brooke Chartered Accountants
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,
Expert insight and analysis for world business The 12th edition of UHY Global magazine is now available to read online. UHY Global draws on the knowledge of UHY’s network of member firms to provide insight and expertise for today’s global business community in a thought-provoking, upbeat and engaging read. Topically
Gift Aid is a tax relief for individuals which enables them to give the income tax or capital gains tax that they pay directly to a charity on top of their donation. In effect it adds 25p for every £1 donated to a charity. Gift Aid is an important tax
Making Tax Digital for Income Tax applying to the self-employed and landlords with gross incomes over £10,000 was originally set to apply from April 2023. However, HMRC has this week announced that MTD for ITSA will now be delayed until April 2024. A welcome stay of execution? For some, yes,