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UHY Ross Brooke Chartered Accountants

Category: Business

P11d and self assessment

Farewell P11D – It’s been nice knowing you

For as long as I can remember forms P11D (Returns of Benefit in Kind) have been a mainstay of our tax system. I recently googled when they first came into existence and surprisingly it was as far back as the 1960s. By Chris Davies The original purpose was to tax

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financial relief for flooded businesses

Support for flood damage available

Storm Henk caused widespread flooding and damage across England during the first few days of 2024, affecting households and businesses alike. Following this, the government has announced that financial support is available to eligible areas in England that have experienced exceptional localised flooding. In these eligible areas, the following help

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act now HMRC deadlines

Struggling to pay your January tax?

HM Revenue and Customs (HMRC) have announced that nearly 44,800 people have sorted their upcoming 31 January tax bill by setting up a payment plan. HMRC provide the option of a monthly payment called Time to Pay (see link below). Provided taxpayers owe less than £30,000, they can use HMRC’s

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ways to grow your business

Looking for some New Year business ideas?

If you are looking for some new business ideas then ask us for a copy of our guide called “57 Ways to Grow Your Business”! Our publication is packed full of bright ideas for the Serious Entrepreneur and starts with the four basics of growth.All the ideas in this guide

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should you use ai chatgpt for tax advice

Why using Google or AI for tax advice is not a great idea

Most of us will use Google when we want to know the answer to a simple question, but why should you use a specialist tax advisor rather than Google or AI for tax advice? By Chris Davies First, tax advisors offer personalised guidance tailored to your specific financial situation, something

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business planning

Pathways To Better Business Strategies

Planning For Success Effective change is integral to business success, but change is not always easy. Businesses that attempt to evolve without following a well-planned and communicated strategy will lack resilience and be more vulnerable when things go wrong. They may be perceived as having poor leadership which affects reputation

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crypto assets & currencies

Power up your business with Innovation!

Innovation has generally been recognised as essential for value creation, both for individual companies and for the UK economy as a whole. The development of new ideas, processes and technologies and their flow across different sectors is a significant driver of economic growth and productivity. Recently, innovation has also been

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accountant for innovators

UK government funding for jobs in AI sector

Up to £17 million in government funding will create more scholarships for AI and data science conversion courses, helping young people from groups underrepresented in the tech industry including women, minority groups, people with disabilities, and people from disadvantaged socioeconomic backgrounds join the UK’s world-leading Artificial Intelligence (AI) industry. The

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Tax Relief for Expenditure on Plant and Machinery

Did you know the generous tax breaks that exist for investing in plant and machinery for your business? There are several reliefs that are available but I will focus on AIA (Annual Investment Allowance) and ‘Full Expensing’ for plant and machinery. By Daniel Smith – Client Manager Annual Investment Allowance:

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