…New Blood authors for the July Festival have been announced as Martin Holmen for Clinch, JS Law for Tenacity, Beth Lewis for The Wolf Road and Abir Mukherjee, author of…

…of Squawka’s UK-based team. Founded in 2011, Squawka produces award-winning editorial and social media content to entertain and engage lovers of the beautiful game. Famed for its data tools and…

…Drama Serial course, beginning in March. The course is led by celebrated screenwriter, playwright and former Birkbeck Professor Colin Teevan and will include five industry masterclasses. Already confirmed for the…

…pianist and composer, made profits as follows and had no sources of income other than his activities as a musician: 2016/17 26000 2017/18 25000 2018/19 32000 Total 83000 Monthly average…

…but they are also reporting increased demand for their services and higher operating costs. According to recent research by the Charities Aid Foundation: 14% of people plan to cut back…

…summer party and a Christmas event, and the employees will enjoy some tax-free fun, as long as the total cost for both is less than £150 per head. Don’t forget…

…Regime, a new system for late payment and late submission of VAT returns, to changes to the Museum and Galleries VAT Refund Scheme and a new notice from HMRC on…

…who has now dismissed the appeal on the basis that the FTT and UT had correctly interpreted the term medical care, and correctly applied the test of commercial and economic…

…for an environment where entrepreneurs and businesses can thrive.” 2. Increase the Inheritance Tax nil rate band in line with inflation Stevie Heafford, Tax Partner says: “Inheritance Tax is an…

…vitally important – as the company understands the new environment, inevitably pivots its position and develops a new strategy for the future. Contact Ross Fabian for advice and support for…

…sheets, operations and trade and provide an assessment of the “new normal”. Having a comprehensive business plan and robust forecasts will help sellers assuage buyer fears about the new trading…

…Don’t stop learning and growing as a person, as knowledge is power.   Find out more about our services for charities and not-for-profit organisations, or contact Muneeza for any queries….

…/ private equity who have not invested too much last year are now needing to make investments and trade buyers who have seen opportunities to expand – for example, companies…

…between 6/4/2020 and 26/10/2021, and 60 days for completions on or after 27/10/2021. Disposals should also be included in your self-assessment return, with final figures if they weren’t available for…

…bode well for price negotiations or indeed for the associated professional costs of selling. By undertaking a health check, we can help prepare you for an impending sale process by…

…and address frequent questions that our clients in China and the UK have posed regarding their tax residency and how the computation of tax liability works in these jurisdictions. Before…

…a year and providing cash grants to others, is a bold step, and will be a relief for business owners across the UK. There are almost 6 million small and…

…know that peak times for divorce occur after periods together, usually during the summer holidays and over Christmas, and sadly, the lockdown is likely to be no different. Divorce and…

…and prepare the necessary return. There may also be further questions as to whether and to what extent the gain may be covered by a capital gains tax relief. At…

…Northern Ireland from the rest of the UK (England, Scotland and Wales) instead. What tariffs are there for trade between Great Britain and Northern Ireland? An agreement has also been…

…the organisation so that coaching becomes a key part of the company’s identity. It improves interactions both within the organisation and externally. In the new hybrid world, command and control…

…a different way of thinking, a new way of financial modeling and the impact on the strategy of the university. If fees for humanities, for example, are decreased will the…

…should be aware of. Gerry explains: “The Windsor Agreement appears at first read to be a win for the UK Government and for both the business community and people of…

…pie We should always be asking whether our colleagues on our boards describe us as engaged, committed, interested and reliable? Are we positive, and forward thinking, and focussed on the…

…and advising government and industry engaging in research and innovation, helping to build a greater understanding of emergency and provide solutions to drive change across diverse communities and multiple sectors…

…National Living and National Minimum Wage rates are increasing and there will be a 1% reduction in the basic rate of income tax – albeit not until April 2024. If…

…Notifications for the late filing of update statements and penalty letters for non-compliance for original registration oversights are being issued. This underscores the importance of submitting your update statement within…

…from renting out a property, including through Airbnb savings, investments and dividends foreign income What about non-UK resident landlords? Non-resident individuals who rent a property and receive income from it…

For some time, the VAT registration turnover threshold for UK businesses was set at £85,000. In the Spring Statement, the VAT threshold for 2024 was increased to £90,000. In this…

…and now sits on their private client technical sub-committee. He is a regular writer for the tax and legal press. Andy Rich, Managing Partner at HW Fisher says “We are…

…you can claim a tax refund from HMRC through your self-assessment tax return. The deadline to complete this for the tax year ended 5 April 2023 is January 31st 2024….

…be included as HMRC provides some tax relief on charitable giving. Don’t forget to make a copy of your completed tax returnand keep a proof of postage, on file. If…

…in China, Hong Kong, Vietnam, Singapore, India, and Russia. Readers may write to the Head of UK and Ireland Business Development, and market entry advisor, Maria Kotova at UK.Ireland@dezshira.com  …

…an explicit exclusion. Maintain accurate records and ensure you have taken any reasonable steps to mitigate loss (for example, recovering staff costs from government scheme). Retain records and communication where…

…and therefore a complex case arises of estimating the value of the business lost ‘but for’ the pandemic. In certain circumstances we might find that where losses are complex, the…

…defer payments that fell between 20 March 2020 and 30 June 2020 until 31 March 2021, with no interest or penalties. This includes the VAT Return payments due for the…

…gaming machines. Gerry and Mike discuss the government’s plans for eight new Freeports in England and the potential advantages for businesses. Read on for more updates and a summary of…

…than a principal, and thus was only required to account for VAT on its commission charges. HMRC subsequently rejected this and issued an assessment for unpaid VAT totalling £2,086,571.00, in…

…now face an additional £9bn tax hit, and the Chancellor offered an ingenious pitch to foreign firms – come to Britain, pay your fair share of taxes and enjoy the…

They drive growth, open new markets and create jobs. They represent the seedbeds that spearhead innovation and bring new ideas to the forefront, and their entrepreneurial flair and talents are…

…short cuts when it comes to calculating VAT. Some financial firms can have quite complex returns; there are several forms of VAT, including standard, exempt, and out of scope services….

…House (and FCA) Year end tax obligations – for both LLPs and limited companies Bookkeeping – monthly record keeping and ensuring you’re on top of ingoings and outgoings (including VAT)…

…with other English-speaking countries, with the US naturally heading the list because of its size and diversity. Ireland, Canada, Australia and New Zealand also figure high on the list. As…

…from HMRC Another equally generous tax break for tech firms is Research and Development tax relief. This essentially sees HMRC giving companies money to research and develop new products –…

…Barry suggests, ‘for example Xero, Free Agent, Quickbooks, Sage, and Kashflow, and these are generally available on a monthly subscription. I believe HMRC intend to make a free version of…

In light of the Booker-prize shortlist this week, we put together some top advice for authors when it comes to tax on prizes, grants and awards. Below is some guidance…

…we would recommend either QuickBooks Online or Xero. We at HW Fisher are already experienced in handling MTD for VAT and we will be providing a full MTD for ITSA…

…or a flat rate deduction of £1,000 a year, per joint owner. Expense rules can be complex, particularly taking deductions for renovations and mortgage interest. A ‘like for like’ replacement…

…Government as tax ( VAT and Duty) is high. The tax rate for a litre of unleaded retailing at £1.65 equates to 51.79% whilst for diesel retailing at £1.80 per…

…be complex, particularly taking deductions for renovations and mortgage interest. A ‘like for like’ replacement of an item is normally allowable, but the rules treat some things differently, such as…

When someone offers to buy a business, they will usually value it based on an enterprise value, which assumes the acquisition will be on a cash-free and debt-free basis and…

…you receive in the form of interest, ISAs, dividends and rental income. If you can afford to make regular financial gifts without it affecting your everyday lifestyle, the most common…