UHY Ross Brooke Chartered Accountants
Important reminder for employers. From 6 July 2022, some National Insurance Contributions (NICs) thresholds will increase. The primary threshold for 6 July 2022 to 5 April 2023 will rise to: £242 per week £1,048 per month £12,570 per year See Class 1 National Insurance thresholds for 2022 to 2023. To
HMRC have recently updated their guidance for companies looking to attract investors to buy shares in their company. If structured correctly, and if the company qualifies under the Enterprise Investment Scheme (EIS) or the Seed EIS rules, the investors can potentially take advantage of a number of generous tax breaks.
What is SEIS (Seed Enterprise Investment Scheme)? SEIS offers substantial tax reliefs to investors in early stage companies which may find raising finance difficult. SEIS is aimed at individuals looking to invest in business start-ups, and offers very attractive tax reliefs, but the devil is in the detail. It is
In today’s economy keeping customers happy and getting them to buy more often is now essential. Happy and successful customers are the lifeblood of any business. They are what transforms your growth from a funnel into a flywheel. So, what are the key areas to focus on? While we know
HMRC has published details of research it commissioned in the first quarter of 2016, asking landlords and letting agents about their preferences for filing and paying tax on their rental income. By Phil Kinzett-Evans The research had several objectives but was aimed at whether landlords might prefer a system where
Sage has recently announced “some essential security updates to Sage services which directly impact older versions of Sage 50 Accounts and Sage 50cloud Accounts. These updates are due to take place on 30 September 2022.” While 30 September may seem like some time off, Sage recommends installing the latest updates
This is a question many of our clients want answering! The truth is it depends on a range of factors and any valuation is only useful as a guide for planning forward. The ultimate value of a business is the price a willing buyer is prepared to pay for it.
Should I incorporate my crypto trading business? As a firm of crypto specialist accountants, that is a question we are being asked more and more frequently. So how would we go about answering that? Income tax or CGT on crypto trading? Firstly a reminder that in HMRC eyes, individuals who
The government announced last week moves that will see ‘stablecoins’ recognised as a valid form of payment as part of wider plans to make Britain a global hub for cryptoasset technology and investment. In brief: Stablecoins are to be brought within regulation, paving their way for use in the UK
Millions of households are facing a rise in energy costs, alongside increases in the cost of council tax, water bills and other utilities and there is a warning of fresh energy bill price rises in October. Energy prices have been affected by the Ukraine war and pressure on suppliers. There