UHY Ross Brooke Chartered Accountants
Square Point of Sale (POS) systems have become incredibly popular since they launched in 2017. The ubiquitous little square card reader now appears everywhere from busy restaurants to coffee carts outside train stations and even in taxis. Square’s card reader is a little square gadget that connects wirelessly to your
This blog has been updated in Dec 2025 – please see here. The Economic Crime and Corporate Transparency (ECCT) Act 2023 has received Royal Assent, introducing 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
When there are several shareholders, a new company is being formed, a shareholder wants to pass their shares or pass them to their children, someone is nearing retirement, or the company has borrowed money from a shareholder, issues can easily arise that jeopardise the continued success of a business. Shareholder
When starting a business, or indeed as an established business, choosing the most suitable legal structure for your business is an important thing to consider. Two popular options are operating as a sole trader or forming a limited company. Each of these options comes with its own set of pros
UPDATE: 21/2/2024 Double-cab pick up U-turn Further to the revised HMRC guidance issued last week regarding double-cab pickup trucks, after pressure from the agricultural and motor industry the Government have decided to retract that guidance and will make amendments in the next Finance Bill to reflect that NO changes will
NB This is now out of date after the Autumn budget 2024. Please get in touch if you would like to discuss your tax planning options. The run up to the end of the tax year on 5 April 2024 is a good time to make sure that your family
Creating a positive work environment and rewarding employees for their hard work is essential for maintaining high morale and productivity in the workplace. However, finding tax-efficient ways to reward employees can be a challenge for businesses. Here are ten strategies that UK employers can consider to reward their employees in
Updated Dec 2024 Inheritance tax (IHT) is the tax paid on lifetime chargeable transfers and the estate (property, money, and possessions) of someone who’s passed away. However, with careful planning and an understanding of the available reliefs and exemptions, it’s possible to minimise the amount of inheritance tax payable. Here
HMRC has recently been writing to company owners regarding dividend income. This is after reviewing the accounts companies who have depleted their reserves, on the basis that owners may have paid them out in dividends. If such dividend income has not been declared to HMRC, owners are advised that they
In response to the increasing number of cyber attacks against SME’s, the National Cyber Security Centre (NCSC) is providing a funded Cyber Essentials programme to help small businesses in certain sectors across the UK implement essential security controls. While all businesses face cyber threats, some that hold sensitive information or