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UHY Ross Brooke Chartered Accountants

Category: Business

companies house update

Companies House fees to increase from 1 May 2024

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

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sole trader or limited company

Limited company vs Sole Trader

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

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act now HMRC deadlines

Pre-April tax planning reminder

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

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pickup truck tax change

HMRC brings Double-Cab Pickup tax perk to a screeching halt

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

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tax efficient strategies for investors

10 Tax-Efficient Investments for UK Investors

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

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tax advice for musicians

Musicians and Taxes: Hitting the right note

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

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year end tax planning accountant

Year end tax planning summary 2024 guide

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

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tax efficient gifts to employees like shopping vouchers

10 tax efficient ways to reward your staff

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

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HMRC investigating company owners

HMRC crack-down on company owners

HMRC has recently been writing to company owners regarding dividend income. This is after reviewing the accounts companies who have depleted their reserves, on the basis that owners may have paid them out in dividends. If such dividend income has not been declared to HMRC, owners are advised that they

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Am I real?

No this isn’t some deep and meaningful blog about the meaning of life. My question is, when you talk to me, how do you know this is really me Chris Davies? How do you know you are not talking to a deepfake version of me? by Chris Davies In a

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