UHY Ross Brooke Chartered Accountants
The value of R&D tax credits relief claimed by UK businesses has fallen for the first time since the scheme began in 2000, down by £275m in a year by Phil Kinzett-Evans Research by UHY Ross Brooke, a member firm of the accountancy group UHY Hacker Young, found that the
VAT registered organisations are no doubt aware of the current default surcharge mechanism for late filing or payment of VAT (but not too familiar we hope!). By Chris Davies The current system is arguably poorly targeted and can give some seemingly unfair results including one case where a penalty of
The ultimate aim of every serious business person is to build a company that has value, so that it can be sold or transferred, allowing the entrepreneur to exit gracefully and profitably. Recently, we have been helping a number of our entrepreneur clients develop exit strategies. There are many issues
November 7th -11th 2022 (UK) We Brits don’t feel comfortable talking about money, whether it’s how much we earn or how much we paid for a holiday. We’re a little shy of boasting if we have it, and feel like we’re moaning if we haven’t. Talk Money Week is aimed
This week we held a Q&A session for those interested in selling their business. It proved to be very informative to business owners considering their future and other professionals who can guide their clients more effectively. If you’re thinking of selling your business, whether right now, or sometime in the
The valuation of business goodwill for tax purposes is very subjective and is often a contentious area. HMRC have recently updated their guidance in their Shares and Assets Valuation Manual. The guidance makes a distinction between goodwill for Capital Gains purposes and goodwill within the corporate intangibles regime where accountancy
Calling at 23 different towns and cities across the UK, the special ten-year anniversary tour will mark the official countdown to Small Business Saturday on 3 December 2022. ‘The Tour’ kicked off in Glasgow on Monday 31 October 2022 and will travel across the UK for five weeks, spotlighting Britain’s
Blog by Rhys Madoc CEO, UHY International The changing nature of work, fuelled by advancing technology, globalisation and worldwide lockdowns, means that good project management is more important than ever. As the number of business teams working remotely increases, the ways in which we engage workers and develop our processes
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
STOP PRESS (Jan 2023): Making Tax Digital for income tax self-assessment (MTD ITSA) has been delayed again – the new timescales are here. The benefits to going digital though, remain. By Sarah Hardy The phased introduction to the service is still on track, beginning with businesses, self-employed individuals, and landlords