UHY Ross Brooke Chartered Accountants

Category: Business

business and personal banking

Which Bank is best for your business?

The latest Business Banking Service Quality survey organised by the Competition and Markets Authority shows a shift in the way UK businesses are choosing their banking partners. Challenger banks are steadily gaining popularity, while it seems that some traditional high street banks are losing ground. Who came out on top?

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EV company car benefits

Save money on your company EV!

Electric Van and Truck Discounts Extended. The government has confirmed that the plug-in van and truck grant will continue through to at least 2027. The grant provides valuable financial support to businesses looking to buy electric vans and trucks. Currently, discounts are available of up to £2,500 for small vans, £5,000

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accountant for shareholders agreement

PISCES: A New Era for Private Company Share Trading

The UK is shaking up its financial scene with PISCES – the Private Intermittent Securities and Capital Exchange System. This new platform is designed to boost capital markets and support fast-growing private companies. PISCES offers a fresh way for investors to trade shares in private firms, bringing flexibility, transparency, and

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EV company car benefits

Electric Car Grant Expanded: More Car Models Now Included

We have frequently written about the tax benefits of electric vehicles but now there are even more reasons for a business owner to consider purchasing one. The government’s Electric Car Grant (ECG) is now up and running, with more vehicle models eligible for discounts. Initially launched in July, the £650

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mtd making tax digital accountant

Making Tax Digital for Income Tax – Are You Ready?

The government is pressing ahead with Making Tax Digital (MTD) for Income Tax – and it will affect many sole traders and landlords over the next few years. Here’s what’s changing, when it’s changing, and how to get ready. What is MTD for Income Tax? Under MTD, sole traders and

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In the know TAX #2: the tax changes making the headlines

Our second tax-focused edition highlights more key developments in the UK tax landscape. From digital tax deadlines to significant legislative changes, this update is designed to keep you informed and compliant. This issue includes articles on: Umbrella companies: what they are and why you need to know Right to work

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UHY Global magazine issue 20 is available now

The latest issue of UHY Global magazine is now available to read online. UHY’s unique business magazine includes current analysis and commentary from the perspective of UHY’s member firm experts across the international network, to provide news, interest and insight for today’s global business community. In this 20th issue of

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hmrc claim for overpayment

HMRC Issues Statement on Technical Issue with Class 2 NIC Tax Calculations

Recently, we’ve seen a surge in calls from concerned clients who have received amended tax calculations (SA302) from HMRC. From April 2024, compulsory Class 2 National Insurance Contributions (NICs) of £179.40 were abolished for self-employed individuals with profits exceeding £6,725. Those with profits below this threshold can still make voluntary

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accountant for cosmetic clinics

Is Your Cosmetic Clinic Sitting on a VAT Timebomb?

HMRC has set its sights on the cosmetic surgery and aesthetics sector, and the figures are eye-watering. It believes as much as £9.5bn in VAT went unpaid in 2023–24, a jump of 17% in just one year. This growing focus means treatments such as botox, fillers and hair transplants are

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