UHY Ross Brooke Chartered Accountants
On 1 October 2024, the Employment (Allocation of Tips) Act 2023 will come into effect, introducing significant changes to how tips are managed and distributed in the hospitality industry. This legislation aims to improve fairness by mandating that all tips, gratuities, and service charges are allocated fairly among employees. The
As a business owner, you’ll likely be wondering how the upcoming general election on 4 July 2024 is likely to affect your business. A new government can mean significant legislative changes and tax upheavals that can impact your business operations and financial planning. The parties have issued their manifestos, so
As the rental, holiday let, and Airbnb markets continue to thrive in the UK, property owners are increasingly faced with complex financial and regulatory challenges. Navigating this landscape can be daunting, especially when it comes to ensuring compliance and maximising financial returns. This is where a specialist landlord accountant becomes
In today’s digital age, protecting online accounts has become more critical than ever. With the rise of cloud computing, businesses and individuals alike are storing vast amounts of sensitive information online. While cloud services offer unmatched convenience and accessibility, they also present a significant target for cybercriminals. This is where
The UK property market has long been an attractive prospect for developers, promising lucrative returns. However, the path to success is fraught with financial and tax complexities that can quickly derail even the most ambitious projects. With years of experience advising property developers these are the most common issues that
Most of us have never been involved in dealing with someone’s ‘estate’ until a person close to us dies. Being confronted by a mass of legal terms and procedures can be daunting, particularly when we are also dealing with bereavement. Putting the right things in place well in advance; such
If there is an international dimension to your personal or business or corporate financial affairs then you should be very aware that times are changing, and the aggressiveness of tax authorities, certainly across the UK and EU is on the up. Period. By David Jones – Tax Director The tax
In the UK, the highest capital gains tax rate on the sale of shares in a business is 20%. However, this rate can be reduced to just 10% on the first £1 million of taxable gains if the sale qualifies for Business Asset Disposal Relief (BADR). By Chris Davies In
Determining the correct VAT treatment of supplies made by skincare and aesthetic clinics can be particularly challenging for the inexperienced. By Chris Davies Who undertakes the treatment, the reason for the treatment and the nature of the treatment itself can all affect the determination of the correct VAT outcome. There
One of the questions we are often asked is “which is the best way to buy equipment?” Let’s consider the options: Lease Leasing means renting an asset (such as machinery, vehicle or computer) from a finance company for a set period. After the lease term ends, you usually return the