UHY Ross Brooke Chartered Accountants
The talent shortage continues to place a burden on the economy. As companies struggle to find the talent they need, now is the time to invest in new and more strategic approaches to developing an early talent pipeline. One way of bringing in new talent is through traineeships. A traineeship
If you’re travelling for work and using your own vehicle, you’re probably feeling pretty hard done by. With fuel already exceeding £2 a litre, other running costs increasing, and the mileage rates stuck at 45p per mile for the first 10,000 miles, it’s a miserable situation. The mileage rate has
HMRC have issued guidance for VAT-registered business and their agents on how to avoid penalties for non-compliance with the Making Tax Digital for VAT (MTD) rules. In particular, there is a new £400 per return penalty if you file a return but do not use functional compatible software. There are
We love our small businesses so just a reminder about Small Business Saturday 2022 The applications for this year’s Small Biz 100 are now officially open! Small Business Saturday is once again highlighting 100 small businesses, one a day for the 100 days leading up to Small Business Saturday (3
By Caroline Webster – our Charity Specialist It is understandable that charity Trustees believe that an Independent Examination of the annual accounts gives some assurance over the completeness and effectiveness of internal financial controls. However, the review of controls is limited to those areas necessary to support the Independent Examiner’s
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