UHY Ross Brooke Chartered Accountants
Landlords in the Private Rental Sector (PRS) appear to be reconsidering how they own their property. We are seeing more landlords enquiring about incorporating their property portfolios. Why? It’s simple. They’re looking for ways to improve their profitability and one way is to reduce the tax they pay. Whether it’s
Failure of private landlords to issue the government’s latest version of the ‘How to Rent’ document to tenants at the start of their tenancy, or on renewal (if the document has changed), means landlords could lose the right to repossess their property under Section 21. There will be a new
Increasing numbers of people will be aware of cryptoassets, but do you know the difference between a coin and a token? A cryptocurrency can be either a coin or a token. A crypto coin is a standalone currency that operates independently of other platforms, with its own blockchain and infrastructure.
The decision of whether to form a partnership or a limited company depends on your specific business needs and goals. Both types of business structures have their own advantages and disadvantages. Advantages of a partnership: Advantages of a limited company: Ultimately, the decision which type of business structure is best
At the time that I write this, Bitcoin has risen 50% over the last month and if you were brave enough to buy at the bottom of the market you are probably feeling pretty pleased with yourself right now. By Chris Davies But a word of caution. We saw a
When you’re looking for an accountant, how do you know that they have the right skills and knowledge, and whether they will be a good fit for your needs? A Google search will return a choice of local accountants, but there’s more that you should look for: A sensible way
We work closely with many charities, and the most progressive of them are talking to us about the potential benefits of Artificial Intelligence (AI) for them. Here are some of the ways that we predict AI can help charities: Next steps As an firm of accountants which specialises in charities
Currently HMRC is undertaking a consultation process regarding the potential options to simplify the UK’s R&D regime. By Mathew Browne, Senior Tax Manager Proposals are that the existing RDEC and the SME reliefs would be replaced, potentially with effect from 1 April 2024 (according to the Treasury). Going forwards only
Crypto investors may need to declare their income tax by filing a self assessment tax return, but how can you minimise how much tax you will have to pay? You could consider: Crypto tax can be very complicated and it’s worth taking professional advice from a crypto tax accountant. If
Succession and extraction of value built up in the business is a problem for many business owners. But what if you could sell your business, extract the value, and pay 0% tax? Wouldn’t that be good? Imagine this scenario: You’ve built a successful business, and now would like to leave