UHY Ross Brooke Chartered Accountants

Category: All insights

Gary Bryant cyber insurance specialist

Guest blog – Cyber crime and the threat to your business

Cyber crime is the world’s fastest growing criminal activity and is the single biggest future risk to businesses. Whilst money is the primary motivational factor for cyber criminals, other factors such as ideology, sympathy, anger and espionage are also significant drivers of cyber crime. “Cyber Crime has overtaken the drug

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Tax Credits Warning

We are constantly reminding our clients to be vigilant about scam or “phishing” emails promising money back, particularly at this time of year, just ahead of the 31 July Tax Credits renewal deadline. If a recipient of one of these emails clicks on a link contained in one of the

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Jake’s Top 10 Xero Tips

We have been using Xero for a number of years now and have acquired a great deal of hands on experience. Here Jake explains some of the key ways that you can maximise the productivity of Xero. 1. Direct Bank Feeds Xero offers direct bank feeds with the following UK

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HMRC gets bloody nose

All too often HMRC will point to a minor point of law, which seems to fly in the face of common sense, in order to penalise the poor taxpayer. Consequently, it was with a wry smile that I read a recent tribunal case where HMRC got a dose of their

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Lucky 7 – Perfectly Permissible Tax Planning Pointers

Many small business owners will be feeling dejected in the wake of the 2016 Budget, particularly as we approach tax year end and the sun begins to set on the opportunity for low tax profit extraction. Yes, for many, things are about to become more expensive. But I am the

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Are you ready for the new dividend tax?

Business owners and shareholders need to reassess their position on dividends ahead of changes to the way they are taxed next month. At present there are considerable savings to be made in National Insurance contributions if a minimal amount is paid as salary and any balance of a remuneration package

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National Living wage will hit business profits

There is just a month left before the new National Living Wage is introduced. From 1 April 2016 employees over the age of 25 who are currently earning the minimum wage rate of £6.70 per hour will see a 50p increase in their pay, bringing it to £7.20 per hour.

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Still time to beat the tax man with these tax tips

As 5th April approaches, now is a good time to minimise your tax liabilities by making sure make sure that you use all the tax reliefs and allowances available to you before the current tax year ends. For example, if you have adult children who are planning to buy a

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Don’t ignore the taxman’s demands

Advanced Payment Notices were introduced in 2014 to recover disputed tax and HMRC can issue notices to demand tax that it believes it is owed. Ignoring an APN and hoping it will go away is simply not an option. Failing to pay within the 90 days will only lead to

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