News & Press

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...

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...

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...

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...

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...

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...

Tax Deductible Expenses for Landlords When you let out a property, there will be inevitable items of expenses which are incurred. It is important to understand / know which of these items will be deductible against your rental income for the...

With the government at loggerheads over Theresa May’s withdrawal agreement, and whispers in Whitehall growing ever louder over the possibility of a no-deal Brexit, the UK, at least in the short term, is facing an uncertain future. Whether...

Bookkeeping is fundamental to the success of any enterprise, big or small. It provides a systematic record of your company’s financial transactions, from sales and investments to expenses and payroll, and, done properly, it can help your...

When it comes to selling your business, preparation is everything and it must start years beforehand. There are a number of key elements that require focus:Establishing the business’ story (history, current standing and prospects)Selecting...

So how does this coronavirus impact a financial audit? There are number of touch points which are outlined below: 1) Operating in China - If your company operates in China or relies upon staff visiting China then the Coronavirus is likely to...

A company is a going concern when the management consider the company can reasonably continue to trade for the foreseeable future, which is usually accepted to be a further twelve months.The alternatives to a going concern is where the...