UHY Ross Brooke Chartered Accountants
In the ever changing world of finance, AI is revolutionising bookkeeping by enhancing accuracy, efficiency, and reducing the time spent on repetitive tasks. Here are some tips on how to use AI to streamline your bookkeeping processes. By Sarah Hardy Automate Data Entry AI can automate the process of entering
The Annual Tax on Enveloped Dwellings (ATED) is a tax levied on UK residential properties valued at £500,000 or more, owned by companies or similar entities. Starting from April 2025, there will be an increase in ATED charges, reflecting adjustments to tax rates. By Mark Duddridge – Senior Tax Manager
The UHY Ross Brooke team swapped calculators for cocktails as we stepped out in style for the NWN Best in Business Awards 2025. The black-tie gala evening, held at Newbury Racecourse, was a fantastic celebration of local talent, hosted by none other than Bargain Hunt star Thomas Forrester. Our team
Find the latest tax rates for 2025/26 in our useful summary, including those relevant to: Self employed Landlords Investment or pension income Company director or shareholder Company taxation and income tax employment benefits and expenses NICs for employees NICs for employers National living and minimum wage NICs for the self
Figures obtained under a Freedom of Information Act request show that HMRC has significantly increased the amount of completed capital gains tax investigations. These have increased to 14,223 in 2023/24, up from 4,564 in 2022/23. By Tom Annat From our experience, we have seen an increase in HMRC letters being
The Spring Statement announced that Making Tax Digital for Income Tax (MTD for IT) regime will be further extended to smaller businesses. What is MTD for IT? Making Tax Digital for Income Tax (MTD for IT) is a government initiative that requires self-employed individuals and landlords with income over a
On 26 March 2025, Chancellor Rachel Reeves presented her Spring Statement to parliament. Despite a backdrop of low economic growth and increasing government borrowing costs, the Chancellor remains committed to her ‘non-negotiable’ fiscal rules that aim to bring stability to the economy and security for working people. The headlines included
A new deal for GPs has been agreed between the government and the British Medical Association (BMA). Proposed reforms that were accepted by the BMA include an overall funding uplift of £889 million for the 2025/26 GMS contract. This represents a 7.2% boost to the contract, which is higher than
I often write blogs about AI and ESG and I thought that it was time to explain how these can combine to create big benefits. By Chris Davies Businesses across the UK are under growing pressure to show they are acting responsibly when it comes to the environment, social issues,
From April 2026, Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will become mandatory for many self-employed individuals and landlords in the UK. While HMRC’s digital overhaul has been on the horizon for some time, there’s still a great deal of confusion and misinformation around what it