UHY Ross Brooke Chartered Accountants
HMRC has announced several VAT changes, including new powers to extend final return deadlines, revised interest rates and plans to broaden relief for charitable donations. UHY’s latest In the know explains what these updates mean for businesses, charities and pension fund managers. In this issue, we focus on HMRC’s major
As the due date for January self-assessment liabilities approaches, it may be timely to remind you that if you are worried about paying your tax bill in one lump sum, you may be able to spread the cost. Although the deadline to file your tax return and pay any tax
The Economic Crime and Corporate Transparency (ECCT) Act 2023 introduced a number of wide-ranging reforms for UK companies. The Act looks to tackle economic crime, bolster accountability, improve transparency and instil a culture of trust among UK corporates. The provisions include a number of developments regarding Companies House which empower
The recent Budget confirmed that dividend tax rates will increase from April 2026. The ordinary and upper rates of dividend tax will both rise by 2%. For many small and medium-sized companies, dividends are central to how owners pay themselves. With the tax rates rising, your pay and profit extraction
This issue highlights the shifts most likely to impact planning, compliance obligations and day-to-day decision-making. Whether you’re navigating new HMRC scrutiny, adapting to digital reporting, or reassessing wealth protection strategies, our summaries will help you stay informed and ready to act. In this edition, we cover: Inheritance Tax reform: forthcoming
Big changes are coming to UK Generally Accepted Accounting Practice (GAAP); some of the most significant in recent years. From 1 January 2026, new rules under the Financial Reporting Standard 102 (FRS 102) will apply to most businesses. It’s as simple as that, our ongoing series, is designed to make
Autumn Budget 2025: What Does It Mean for Your Business? After weeks of speculation about what Budget 2025 would contain, the Chancellor was unexpectedly upstaged when the Office for Budget Responsibility (OBR) accidentally published their report revealing key policy measures ahead of the official announcement. Although the report was quickly
What were the 2025 Budget Announcements for EMI Schemes? Rachel Reeves Budget sought to increase the scope of the EMI scheme for growth companies, and so the proposal is to expand eligibility criteria: Maximum employee headcount is increased from 250 to 500 employees Gross Assets threshold of a company or
On 26 November 2025, Chancellor Rachel Reeves delivered her second Budget to Parliament. This was a Budget shaped by ongoing economic pressure, with the government conceding that fresh tax rises were needed despite hopes of a quieter year. The result is a package that will touch most households and signals
As the festive season approaches, HM Revenue & Customs (HMRC) is urging anyone who earns money from Christmas crafts, seasonal market stalls, or selling festive items to check whether they need to report their earnings for last year. HMRC’s “Help for Hustles” campaign highlights the importance of understanding when extra