News & Press

As some of you may (or may not) have heard, HMRC have been pioneering a way of making tax and VAT reporting more autonomous in line with the digital enhancements in technology in recent years.This has included the implementation of online...

The taxation system in the UK is highly complicated with years and years of rules and regulations and case law shaping the current tax environment. As such it is often highly advised to seek professional guidance to ensure that not only are...

The PSC register, also known as the Person of Significant Control Register, is a register of all individuals and/or legal entities with significant control over the company. The aim of this is to increase transparency of companies by clearly...

In the unfortunate event that a company director passes away, two situations can arise. Before we jump in any of the two scenarios it is important to note that Companies House needs to be notified of the death.How do I notify Companies...

The confirmation statement, also known as the CS01, is the form which replaced the annual return in June 2016. It is used to confirm that your company’s information is correct. Rather than previously having to resupply the information, a...

New legislation was introduced in 2017 to tackle the issue of salary sacrifice arrangements where such arrangements result in a loss of tax to HMRC. This affects employers who offer benefits in kind to employees, or allowance payments,...

Knowing what is required and what the options are allows lenders to plan and prepare their business for a future event.Below are the main accounting policies that are most likely to impact lenders.Profit and Loss Accounts for lendersRevenue...

Fear not… it isn’t quite the 31st January today, but it is fast approaching. The month of January is always the busiest season for personal tax advisers to get all the tax returns for their clients prepared and filed in time to avoid the...

A typical situation exists where a foreign ecommerce company needs to segment its payment processing in order to protect its ability to collect money from its clients. Reasons for doing so vary:Spreading the chargeback risks across a number...

Annual Tax on Enveloped Dwellings (ATED)ATED is an annual return and a charge on companies and certain other entities who own dwellings. This is required at the point of purchasing a house worth over £500k, and then every year after. Various...

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...

Introduction to auditsThe UK economy continues to perform well and although the true impact of Brexit is still unknown, a weak pound has made Britain a cheaper place to invest for overseas companies.If you are an overseas company looking to...