UHY Ross Brooke Chartered Accountants
Why Tax Evidence Matters in Divorce The gross market value of an asset can differ significantly from its net value after tax. By Liz Williamson For example: A property worth £1 million may carry a significant embedded Capital Gains Tax liability that would arise on a future disposal Shares in
Getting the Construction Industry Scheme (CIS) monthly returns wrong can be costly and HMRC note that they are paying more attention to them. HMRC say that the most common mistakes they see are using the wrong deduction rate, missing out material costs and entering figures incorrectly. So what should the
There was a time that it seemed that every client was talking to me about investing in a buy to let, but over the past decade I’ve watched my landlord clients suffer one tax hit after another and yesterday’s Autumn budget was no different. By Chris Davies – Partner Last
The eleventh edition of Prosper covers the challenges and opportunities shaping UK businesses right now, from the practical reality of AI adoption and rising cybersecurity risk to FRS 102 changes, R&D tax relief scrutiny, employment cost pressures and what succession planning really involves in practice. Prosper is our biannual magazine
Chancellor John Healey presented his first Budget to Parliament on 28 October 2026, billed as giving families and businesses ‘breathing space’ from rising costs. It left the rates of VAT and National Insurance unchanged, alongside static Income Tax rates for wages and self-employed income. Even so, the government’s own figures
Modern families are often more complex than in previous generations. Second marriages, long-term partnerships and children from earlier relationships are increasingly common, which can create difficult questions when planning for the future. By Liz Williamson One of the most frequent concerns we hear is: “How can I look after my
HMRC launched a consultation earlier this year, which we have been monitoring with close interest. It is possible it could significantly change how company owners take money out of their businesses tax-efficiently in certain circumstances. By Philip Kinzett-Evans – Tax Director What every business owner needs to know about a
Relocating a company car overseas does not automatically bring the UK benefit charge to an end, as the legislation focuses on availability for private use, not geography. Whether an employer’s payment of transportation costs gives rise to a separate taxable benefit is a distinct and less straightforward question that depends
Payroll looks simple from the outside. Log the hours, run the numbers, pay the people. In reality, it’s one of the most rule-heavy parts of running a business, and the rules change constantly. As head of our payroll bureau, I see the same five issues catch out well-meaning business owners
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