UHY Ross Brooke Chartered Accountants
HMRC have clarified the position on Self Assessment tax return reporting requirements for directors of close companies and updated their guidance for directors of charities. A close company is a company that is owned or controlled by a small number of people, usually five or fewer shareholders. New requirements Additional
Charities and NFPs preparing for their year end audit could benefit from reading our top 10 tips, including reconciling control accounts and reviewing income recognition, drafting the trustees’ report and scheduling resource for audit week. By Grace Pay – Associate Director As your charity approaches its year-end, thoughts naturally turn
This issue explores a range of developments shaping the tax landscape for individuals and businesses alike. HMRC continues to increase its scrutiny in several key areas, from close companies and Business Asset Disposal Relief claims to R&D tax relief. Wider legislative and accounting changes are creating new considerations for business owners
Keeping up with tax and regulatory change is no small task. The June 2026 edition of ‘In the know: tax’ brings together the key developments businesses and individuals need to be aware of right now, clearly explained and with practical guidance on next steps. This edition covers a wide range
Our tenth consecutive Charity and NFP Sector Outlook provides a practical and forward-looking guide to the issues that matter most to charities right now written by our team of charity experts. The 2026/27 charity and not-for-profit sector outlook arrives at a pivotal moment. The finalisation of the new Charities SORP
Going concern is one of the most pressing governance challenges facing charities today, with rising costs, volatile donations and uncertain grant funding. What do trustees need to know? By Caroline Webster For many charities, going concern is an ongoing governance issue. Costs continue to rise, donations remain volatile and grant
The Information Commissioner’s Office (ICO) has published final guidance on the new ‘charitable purposes soft opt-in’ provision introduced by the Data (Use and Access) Act 2025. The provision means that charities can send direct marketing by electronic mail, including emails, texts and direct messages on social media, to people who
To help trustees, finance teams and charity leaders prepare for SORP 2026, UHY is running a five‑part webinar series providing clear, practical guidance on the key changes to charities accounting and reporting and what they mean in practice. The webinars 1. Helping you prosper – what the new SORP means
The Academies Accounts Direction (AAD) 2025 to 26, issued by the Department for Education, outlines the financial reporting and disclosure requirements for academy trusts with year ends on 31 August 2026. While some updates may seem minor, several changes will affect how academy trusts prepare their statutory accounts and supporting
AI offers charities and NFPs the opportunity to improve efficiency, boost fundraising and maximise impact without the need for large budgets or technical expertise. Modern finance systems increasingly include built‑in AI tools and many third-party applications are freely available. By Caroline Webster So how can charities use AI in the