UHY Ross Brooke Chartered Accountants

Tag: newbury

Beware of this mobile phone tax trap

It is common for businesses to enter into a contract with a telecoms company to provide mobile phones to the company’s staff. There is no benefit in kind on the provision of the mobile phone as there is a specific provision in Section 319 ITEPA 2003 to exempt such a

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HMRC investigation appeal

Are you unhappy with an HMRC tax decision?

Typically, if you have a disagreement with HMRC then you appeal their decision. Note that under the current COVID19 arrangements there is an extended appeal period, and if you need help with an appeal then we’d be happy to assist you.  But what if HMRC disagree with your appeal? Well

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Worried of Newbury

Making Tax Digital is under a year away, yet we have learned today that there is a flaw in HMRC’s self-assessment software for 2016/17 affecting the dividend and savings allowance introduced in April 2016. This means that anyone submitting a self-assessment return online could be faced with an incorrect calculation

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British confidence remains high

According to the latest Business in Britain report from Lloyds Bank, overall business confidence remains strong and stable. This positive attitude is largely underpinned by companies’ expectations of an improvement in exports, as well as an anticipated increase in investment levels. The twice-yearly Lloyds Bank report gathers the views of

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HMRC target locums

Locum Dentists, Doctors, Pharmacists, Veterinary surgeons and Opticians often prefer to regards themselves as self-employed. This usually gives them a tax advantage over employed status, but HMRC have been taking a very strong line in contesting the employment status of locums. The onus of proof lies very much with the

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Bad news for pensioners

If you will be in a in a position to draw your state pension in the near future you should be aware that the government has set out plans to reduce the annual state pension deferral rate from 10.4% to 5.8%.   Pensioners can choose to defer claiming their state

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New Auto Enrolment rules affecting all employers

If you are an employer, you are probably already aware that the new auto enrolment pension rules mean that you will have to select a pension scheme that meets the legal requirements for certain workers. No doubt you will also want to ensure that you select a good quality scheme

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Guilty until proven innocent?

Personal view by Chris Davies – Don’t get me wrong. I am certainly not in favour of anyone breaking the law to avoid taxes and I appreciate that HMRC have a real battle to frustrate those who do not intend to pay their fair share of tax, but I do

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Why use an accountant?

 Most accountants are also successful business owners, and can offer much more than just accounts and tax services. They should be your on-call business partner, a sounding board for ideas, helping you run your business smoothly and suggesting ways to earn and keep more income. They also have a wide

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