News & Press

HMRC and the Government have really managed to get themselves into an embarrassing “pickle”.  A few days before the fiscal year end (5-April-18) HMRC issued a notice to say that state aid approval for EMI share schemes would expire on the...

With the excitement of Christmas and New Year’s Eve behind us, most of us are looking forward to the year ahead, full of plans and optimism. January often feels like a month dedicated to fresh starts, but before beginning a new year of...

In recent months, HM Revenue and Customs (HMRC) have been clamping down on undeclared income and also many tax-avoidance schemes which sought to gain a tax advantage for its schemes’ users. The recent introduction Accelerated Payment Notices...

A concern for many company directors of new UK company formations is making sure that they fulfil all the necessary tax requirements relating to the limited company formation. After you register a company you will be sent a CT41G form...

22 November 2017, approximately 12:30pm and the Chancellor of the Exchequer Phillip Hammond stood up in the House of Commons to announce the economic performance figures and forecasts, as well as outlining the current government’s plans over...

The surprise result from the EU Referendum no doubt means a period of uncertainty and change, likely to last years, rather than weeks. Whilst the EU does not currently specifically dictate tax rates and regulation, it does impose bands and...

Businesses can receive a tax credit for qualifying expenditure on research and development (R&D) depending on the businesses size. As a maximum a company could save £46 of tax for every £100 of qualifying expense.What qualifies as R&D...

What is a CIO?A CIO is a type of organisation that is only regulated by the Charity Commission, as opposed to both the Charity Commission and Companies House. It is easy to incorporate and easy to maintain. To incorporate a CIO you only need...

Does your business undertake a significant amount of capital expenditure? If it does then it may be beneficial for you to take into consideration the timing of your purchases in order to claim certain tax reliefs.What are capital...

The latest budget from the coalition government announced many changes for both individuals and companies alike in the UK. With many rules and regulations set to change, many Chartered Accountants in London will have to assess the changes to...

In the past few months, the Chancellor of the Exchequer, George Osborne, has taken steps towards making the buy-to-let market in the UK less attractive by introducing a number of tax changes. These measures have also been introduced to...

What are tax-free benefits?Typically, when you provide your staff with non-cash benefits (often referred to as benefits-in-kind), such as a company car or private healthcare, it’s classed as part of their earnings and taxed accordingly. Your...