UHY Ross Brooke Chartered Accountants

Tag: small business owners

goodwill assets tax

How is goodwill treated for tax purposes?

The valuation of business goodwill for tax purposes is very subjective and is often a contentious area. HMRC have recently updated their guidance in their Shares and Assets Valuation Manual. The guidance makes a distinction between goodwill for Capital Gains purposes and goodwill within the corporate intangibles regime where accountancy

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accountant for owner managed businesses

‘Small Business Saturday’ UK Tour hits the road again!

Calling at 23 different towns and cities across the UK, the special ten-year anniversary tour will mark the official countdown to Small Business Saturday on 3 December 2022. ‘The Tour’ kicked off in Glasgow on Monday 31 October 2022 and will travel across the UK for five weeks, spotlighting Britain’s

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food vat rate ruling

Inflation is creating more entrepreneurs

A need for additional income is motivating people to start their own businesses. As UK inflation hits a 40-year high of over 9%, more and more people are starting their own businesses. New technology such as online payment systems, digital marketing tools and free online resources* are helping to remove

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Breaking up is hard to do

If you have a company with mixed trading and investment activities, perhaps because you had some excess cash in the business and chose to invest it in stocks and shares, or you bought either residential or commercial property with it for letting out, then you may have walked unknowingly into

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accountant for owner managed businesses

Small Business Saturday 2022 applications open

We love our small businesses so just a reminder about Small Business Saturday 2022 The applications for this year’s Small Biz 100 are now officially open! Small Business Saturday is once again highlighting 100 small businesses, one a day for the 100 days leading up to Small Business Saturday (3

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how much is my business worth

How much is my business worth?

This is a question many of our clients want answering! The truth is it depends on a range of factors and any valuation is only useful as a guide for planning forward. The ultimate value of a business is the price a willing buyer is prepared to pay for it.

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ways to grow your business

Do you want to grow your business?

Then ask us for a copy of our guide called “57 Ways to Grow Your Business”! Our publication is packed full of bright ideas for the Serious Entrepreneur and starts with the four basics of growth.All the ideas in this guide ultimately revolve around four basic insights about growing a

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business advisors and accountants

Help to Grow: Digital scheme

Help to Grow: Digital is a new UK-wide scheme to help small and medium size businesses (SMEs) adopt digital technologies that are proven to increase productivity. From December 2021, the scheme will offer SMEs free and impartial advice on how technology can help their business. A new online platform will

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accountant for owner managed businesses

Applications for The Small Awards UK 2022 are now open

Do you or someone you know run an inspirational small business that fits the bill for #TheSmallAwards? Then apply for the 2022 Awards. The judges will be looking for evidences of strong community engagement from small businesses whilst also looking for strong performance as an on-going business. The categories are:

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