News & Press

Value Added Tax or more commonly known as VAT is something that everybody will have heard of and most likely encounter on a daily basis. But most will now know that it is probably one of the most complicated taxes in the UK Taxation system....

Another month goes by and cryptocurrencies have still not gone away. The number of ads on the London Underground for the likes of cryptocurrency trading platforms which make it easier for you to understand continues to grow. Not only this,...

Every company owner has a dream that one day their business will be bought for many millions.   There are two types of owners:Those that keep dreaming; orThose that influence and encourage their dreams to become a reality.Knowing what you...

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...