Blog23rd Nov 2023Autumn Statement- What Do The Changes Mean For You?Jeremy Hunt delivered his much anticipated Autumn statement yesterday, which was possibly his last opportunity to make changes to taxes and benefits before the next General Election. The Chancellor was under pressure from fellow Conservative party members urging him to…By Kerry McGeeView more
Blog22nd Nov 2023What happens if I can’t pay my Bounce Back Loan?What is a Bounce Back Loan? The Bounce Back Loan Scheme (‘BBLS’) was introduced by the Government during the Coronavirus pandemic, with the purpose of helping sole traders and small to medium sized businesses (SMEs) to survive the financial effects…By Steven RoddenView more
Blog21st Nov 2023Autumn Statement- What Changes Can We Expect?A lot can change in a year – and after the 2022 Autumn Statement promised wide ranging tax cuts, only for many of the key measures to be swiftly reversed, 2023 could well grab fewer headlines in comparison. Having said…By Tom AndrewView more
Blog16th Nov 2023Working In Norway – What Compliance Considerations Do I Need To Think About?Norway continues to be an attractive place for companies in the UK to seek opportunities because of it’s proximity and strong ties with the UK business community. There’s a number of reasons companies and their employees land in Norway. Norway…By Carol SimView more
Blog13th Nov 2023Can You Avoid Paying A Lump Sum Of Tax On The 31st January?If you file your Self-Assessment tax return with HMRC by 30 December, you may be able to have any tax you owe for 2023 collected by a restriction in your tax code for the next tax year commencing on 6…By Bev HolroydView more
Blog10th Nov 2023Furnished Holiday Lets – Qualifying Conditions & ElectionsTo gain the tax advantages of a Furnished Holiday Let (FHL), the property must qualify, and HMRC have a series of qualifying conditions which must be met. If the criteria is still not met, the property will be treated as…View more
Blog23rd Oct 2023Importance of Financial Projections: Know Your NumbersIn the ever-changing landscape of the UK economy, business owners face a multitude of challenges that demand foresight, strategy, and adaptability in order to maintain success. One of the most valuable tools that savvy business owners can utilise to tackle…By Chloe McAteerView more
Blog19th Oct 2023SNP Tax Rises: What Could the Future Hold for Scottish Taxes?The Programme for Government published on 5 September by the Scottish Government has promised to deliver “the most progressive tax system in the UK.” This has led many to speculate about potential SNP tax rises in the next Scottish Budget.…By Jill WalkerView more
Blog2nd Oct 2023New Spain Digital Nomad Visa & Beckham Tax Law BenefitsHow does living and working in Spain for up to 5 years while only paying a tax rate of 24% sound to you? Spain has always been a ‘go to’ holiday and retirement destination for Brits. The attraction is obvious…By Lynn Gracie and Charlie DunningView more
Blog26th Sep 2023Would you be ready if HMRC lodged a formal enquiry into your Income Tax Return? A tax enquiry is the process by which HMRC check in detail that the information on a tax return is correct and complete. HMRC have the right to make a formal enquiry into every tax return submitted to them. This…By Seamus McElvannaView more
Blog21st Sep 2023Can Employee Ownership Trusts (“EOTs”) provide an alternative to family succession?Known for their adaptable nature, innovative spirit and contribution to the economy, the importance of the successful continuation of our family businesses cannot be overstated. Retaining the ownership and running of the business within the family is often considered a…By Alan CampbellView more
Blog20th Sep 2023Nine benefits of hotel accountingMany hotel operators can be reluctant to enter a discussion about hotel specific accounting software. There is a common misconception that it is expensive, and that the owner or management company won’t have full control of their data. In today’s…By Ian BremnerView more