Insights

Accounts & Financial

Image
May 24, 2024

Are you ready for the updates to UK GAAP?


Categories:

On 27 March 2024, the Financial Reporting Council (FRC) issued Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and other FRSs – Periodic Review 2024, concluding its second periodic review of the financial reporting standards.

Read More
Image
May 17, 2024

Does my UK subsidiary require an audit?


Categories:

In this blog we look at whether a UK subsidiary company will require an audit and the audit exemption criteria that your subsidiary may qualify for.

Read More
Image
May 6, 2024

Buy-to-let owners selling up


Categories:

While the higher rate of capital gains tax (CGT) on residential property disposals has dropped by 4%, from 28% to 24%, from 6 April 2024, the vast majority of landlords who sell up are facing a higher CGT bill when compared to two years ago.

Read More
Image
April 29, 2024

The end of multiple dwellings relief


Categories:

From 1 June 2024, the abolition of multiple dwellings relief under stamp duty land tax (SDLT) will stop disputes about what qualifies as a separate dwelling (e.g. a granny annexe).

Read More
Image
April 15, 2024

How much does retirement cost?


Categories:

New research has put some surprising numbers on the income needed in retirement.

Read More
Image
April 8, 2024

The cost of incorporating a company increases


Categories:

The fees associated with incorporating and maintaining a company will rise from 1 May 2024, due to an increase in charges from Companies House.

Read More
Image
April 5, 2024

Shareholder Agreements for limited companies: what you need to know


Categories:

We look at the areas where a good shareholder agreement can benefit a business and its shareholders.

Read More
Image
April 1, 2024

HMRC ramps up its checks


Categories:

There’s no respite for HMRC with inheritance tax (IHT) accounts, undeclared dividend income and gains from share disposals to scrutinise.

Read More
Image
March 25, 2024

How to navigate the £500 trust income exemption


Categories:

The introduction of a £500 income exemption from 6 April 2024 will impact many trusts. It comes with various complications, especially as income within the £500 exemption will still be taxable in the hands of beneficiaries.

Read More
Image
March 15, 2024

Payrolling benefits in kind to become mandatory from April 2026


Categories:

HM Revenue & Customs (HMRC) has recently published its plans to fully complete the digitisation of reporting of employee Benefits in kind.

Read More
Image
March 8, 2024

UK holiday pay rules 2024 explained


Categories:

In November 2023 the Government announced significant changes to the current holiday pay rules. Some of these changes may create challenges and questions for employers. In this blog, we look at the main changes in a little more detail.

Read More
end of year statutory audit
February 23, 2024

How to prepare for your end of year statutory audit


Categories:

“To be prepared is half the victory” as Miguel de Cervantes once said. Don’t let your end of year statutory audit process be intimidating.

Read More

Search by