UHY Ross Brooke Chartered Accountants
Multiple Dwellings Relief (MDR) is a stamp duty land tax (SDLT) relief that is currently available if you buy two or more residential properties in a single transaction or a series of linked transactions. It allows the rate of tax to be calculated based on the average value of the
With the Spring Budget just recently announced by Chancellor Jeremy Hunt, we have put together a summary to highlight the key points that may affect you and your business. On 6 March 2024, Chancellor Jeremy Hunt presented his Spring Budget to Parliament. In the knowledge that the government must hold a
Companies House have reviewed the fees they charge and have released details of the new charges that will apply from 1 May 2024. Companies House work on a cost recovery basis, so the fees are set to cover their costs rather than to make a profit. Due to the measures
When starting a business, or indeed as an established business, choosing the most suitable legal structure for your business is an important thing to consider. Two popular options are operating as a sole trader or forming a limited company. Each of these options comes with its own set of pros
The new tax year starts 6 April 2024, so you have a couple of months to consider your options. Once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax (CGT) purposes will be lost for this year. Do you fall into
UPDATE: 21/2/2024 Double-cab pick up U-turn Further to the revised HMRC guidance issued last week regarding double-cab pickup trucks, after pressure from the agricultural and motor industry the Government have decided to retract that guidance and will make amendments in the next Finance Bill to reflect that NO changes will
Whenever considering choice of investments, tax efficiency plays a crucial role in maximising returns and minimising liabilities. For UK investors, understanding which investments offer favourable tax treatment can significantly impact long-term financial planning. By Chris Davies Here are ten tax-efficient investment options to consider: 1. Individual Savings Accounts (ISAs) ISAs
Musicians and taxes often seem like an unlikely duo, with the intricate art of music on one side and the complex world of tax regulations on the other. This disparity in skills means many musicians find themselves overpaying taxes, unaware of the significant savings they could make by taking advantage
NB This is now out of date after the Autumn budget 2024. Please get in touch if you would like to discuss your tax planning options. The run up to the end of the tax year on 5 April 2024 is a good time to make sure that your family
Creating a positive work environment and rewarding employees for their hard work is essential for maintaining high morale and productivity in the workplace. However, finding tax-efficient ways to reward employees can be a challenge for businesses. Here are ten strategies that UK employers can consider to reward their employees in