UHY Ross Brooke Chartered Accountants
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. 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 a single R&D scheme based on
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
A recent HMRC performance report highlights that the average time for a call to be answered was 14 minutes with 1 in 5 calls unanswered. We are also aware that amongst many other issues there is currently a backlog of 8 weeks in VAT registrations. It is therefore unsurprising that
Do your New Year’s Resolutions include losing weight? Getting fit? Spending less time scrolling? All very laudable and probably the same as last year. And the year before. So how about some new ones, which are achievable, ultimately time-saving and which will make your life simpler. Businesses resolutions: Whatever you
The mandatory use of software for Making Tax Digital for Income Tax Self-Assessment is being phased in from April 2026. Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) was due to be phased in from April 2024. However, the government, recognising the current economic environment and the significant change
According to research undertaken by private equity firm Growthdeck and published by Croner-I, Capital gains tax (CGT) bills have increased 27% on last year, with over £15bn of CGT paid in the year to 31/10/22.A number of factors have driven the CGT increase, including: How to reduce your CGT bill
Enterprise Nation has partnered with Adobe to bring “Small Business Goes Big”. It’s a chance to pitch your small business to retail buyers, with the possibility of getting stocked. You could also win a share of £10,000 cash grants. If you are a small business, micro-business, freelancer or sole trader,
Whether you are an aspiring or existing entrepreneur, the StartUp Show is a chance to not only discover everything you need to know about starting a business, but also to connect with advisers and business experts who’ll help take your enterprise to the next level. The event takes place on