May 30, 2022
Last week, HMRC contacted accountancy firms across the UK to inform them that they have paused research and development (R&D) payments while they investigate ‘irregular claims’ in a…
Read More...May 26, 2022
The deadline for employers to complete forms P11D to report benefits or expenses provided to employees and directors is fast approaching – forms for the year ended 5…
May 9, 2022
Many family and owner-managed companies face a challenge when it comes to succession planning on the retirement of a shareholder in the company. One common strategy was to…
April 12, 2022
An Employee Ownership Trust (EOT), when a business is partly or entirely owned by the workforce, can be used to help secure the future of a company. Despite…
April 6, 2022
The start of a new tax year is a good time to reflect on tax years gone by and make some resolutions for the year ahead. Here are…
April 4, 2022
The VAT reduction, which was first introduced for businesses trading in the hospitality sector in June 2020, ended on Thursday 31 March with the VAT rate reverting to…
March 24, 2022
Chancellor, Rishi Sunak, delivered his Spring Statement on 23 March and it had almost crept under the radar given other global events. His statement was timed against a…
March 22, 2022
If you are an employee, you may be able to claim tax relief for additional household costs if you have to work at home on a regular basis,…
March 18, 2022
‘Payments on account’ are advance payments towards your tax bill (including Class 4 National Insurance if you’re self-employed). You have to make 2 payments on account every year…
March 17, 2022
In addition to being stressful and time consuming, the defence of an HMRC investigation can incur significant professional fees, even if there are no errors with your tax…
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Chartered Accountants
