News & Press

International tax issues can often be one of the most difficult to understand. Half the issue is caused by an understandable lack of knowledge about when a return is required in the UK if you are not resident here. Added to this, tax jargon...

Many individuals in the UK will naturally feel like they are paying far too much income tax and National Insurance Contributions. So much so that they believe that by moving offshore, they will be able to save a large amount of tax and...

Inheritance Tax is a one of the taxes which many of us would rather not have to think about or even consider as it is a tax payable on an individual’s estate upon their death. Given the sensitivity of the subject, many individuals tend to put...

Some of you may have heard of Enterprise Management Incentive (EMI) schemes which are tax advantaged approved share schemes which many organisations offer to maintain key staff and employee. It has been one of the most popular employee share...

Over the years there have been a number of tax amnesties, encouraging taxpayers to come forward to correct their tax affairs, declare their income and pay any tax due. These amnesties have come alongside greater information sharing between EU...

We are seeing more and more people come forward to declare rental income that previously had not been included on their tax return. More often than not, this is being triggered by letters sent out by HMRC.HMRC now have direct access to HM...

Fear not, there aren’t any new domicile changes for the UK taxation system just yet. This is just a reminder of the rules that were implemented from 6 April 2017 by HM Revenue and Customs (HMRC).Before we get into the changes of the rules...

April 2015 saw a substantial change in the world of taxation in relation to the disposal of UK residential property with HMRC bringing non-UK resident individuals within the scope of UK Capital Gains Tax (CGT). Although it brought into...

Quite simply, the MOSS system is a simplified way to declare and pay the VAT you owe across the EU in one place, normally in the country where you are also established, and VAT registered.As is always the case with VAT, the detail is somewhat...

Most accountants now send their clients regular mailshots about tax, accounting, regulatory and financial issues. So of these are topical issues and some are just raising awareness of existing practice. But if you have an accountant, why...

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...

For most companies opening a bank account is a straight forward process.  It involves:Selecting the most appropriate bankSelecting the services that are requiredCompleting an applicationAttending the branch and meeting the branch...