UHY Ross Brooke Chartered Accountants
A single merged scheme will be introduced from 1 April 2024 as a 20% above the line credit (unless the claimant is categorised as an R&D intensive company). As of 8th August 2023 there have been significant changes to the research and development landscape notably an additional administrative burden and
On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen the economy and build a brighter future. Fuelled by falling inflation and stabilised public finances, focus is now being applied to reducing debt, cutting tax
Disrupters are the firms that come up with new ideas and challenge the way things are done. In order to become a disrupter in your market, your firm must be prepared to innovate relentlessly, challenge norms and redefine industry standards. By Chris Davies If you want to succeed, you need
The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023 and will introduce a number of changes over the next few years. The act gives Companies House the power to play a more significant role in tackling economic crime and supporting economic growth. Over time, the
Chris Davies answers some FAQ about the Let Property Campaign for Landlords By Chris Davies Q: What is the Let Property Campaign? A: The Let Property Campaign is a HMRC initiative that allows landlords to disclose any undisclosed rental income and rectify their tax affairs. It is open to all
As a business owner, you’ve undoubtedly worked hard to grow and maintain your company in an ever-competitive market. But, as with every other aspect of your business, periodic evaluation and change are crucial to ensure sustained growth and success. One area often overlooked by companies is their relationship with their
The new tax year starts 6 April 2024, so you have six months to consider your planning options. Once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax purposes will cease unless actioned. Do you fall into any of these categories?
As a small business owner, you will be familiar with the relentless pursuit of efficiency and productivity. It’s a never-ending quest to do more with less, to streamline operations, and maximize your resources. In this digital age, one of the most powerful tools at your disposal is cloud-based software, particularly
Non-compliant Landlords Beware HMRC have access to an enormous amount of information that they use to target landlords of all types who have not disclosed details of their rental income. Where they find evidence of deliberate non-compliance the penalties can be as much as 100% of the unpaid tax, or
If you’re running a business in the UK, you will no doubt be familiar with the concept of payroll. Payroll preparation presents its own unique challenges; it’s a complex world of tax codes, employment legislation, and endless paperwork that can make even the bravest of business owners feel a bit