UHY Ross Brooke Chartered Accountants
Category: All insights
Employee Ownership Trusts. What are they and why would you use one?
May 10, 2020
EOT Explained EOT Guide Case Study Get in touch If you would like to find out more about Employee Ownership Trusts, please get in touch today with your nearest office. Newbury: tel 01635 555666 or email newbury@uhy-rossbrooke.com Swindon: tel 01793 610008 or email swindon@uhy-rossbrooke.com Hungerford: tel 01488 682546 or
Corporate employer tax reporting of share, option and loan note transactions by 6 July 2020 Note: as at 4 May 2020 no HMRC announcement of any Covid-deferral of the filing deadline
May 10, 2020
UK tax resident companies have an annual obligation to e-report to HMRC all awards of shares, share options and loan notes (in fact any “securities”) to employees and directors. There are very few exceptions. HMRC are known to closely examine the completeness of the e-report against the company claim for
Treasury to consider helping SMEs that pay dividends
April 30, 2020
We’re delighted that the Treasury is urgently looking at ways to help business owners who pay themselves via dividend income, according to their own Twitter account this morning where they say they are ‘looking at proposals’. At the moment these smaller businesses, often one-person limited companies, feel as though they
New 100% government backed loans for SMEs
April 28, 2020
In the past few weeks we’ve been calling on the government to provide further support for SMEs. We’re delighted that today the government has announced a 100% government backed loan facility for SMEs to borrow up to £50,000. Our view on the new scheme is that this is just the
New Taxation Rules for Non-UK Resident Corporate Landlords
April 28, 2020
Why does this matter? For UK property rental business profits arising after 5 April 2020 to a non-UK resident corporate landlord (“NRCL”)then that company must pay UK corporation tax on those profits, rather than income tax. The existing UK income tax registrations, which would facilitate the payment of income tax
Stay Focused > Protect the Economy > Save Jobs
April 27, 2020
Further support needed urgently to prevent an additional 830,000 unemployed in the South East New research that we have conducted during April shows that 830,000 people in the South East region are at risk of unemployment. This is a stark and worrying number, but this is the reality of what
Investment in Venture Companies during COVID19 – government and private funding
April 23, 2020
Grabbing few headlines, but UK companies, particularly start-ups in the early phases of their existence are taking a hammering in these unchartered times. A recent survey published by the UK EIS Association (“EISA”) has identified that of 250 small-medium companies currently undertaking fundraising there is a 75% contraction in investment