If you receive a letter from HMRC stating you may have received overseas income or gains which are taxable in the UK, what should you do? We highlight some common errors on tax returns.
Being made redundant as part of insolvency can be a hugely distressing time for you and your family, leaving you with many questions. What does this all mean for you and how can you get the money you’re owed?
If you have income from overseas, you likely have to disclose this to HMRC, even if you don’t bring it into the UK. HMRC are sending nudge letters to individuals who have offshore income they haven’t reported as they may need to pay UK tax.
Now the super-deduction capital allowance has ceased, we take a look at tax reliefs for companies purchasing plant and machinery: the new ‘full expensing’ capital allowance and the Annual Investment Allowance.
Our blog discusses proposed amendments to financial reporting standards, FRS 102, with significant changes to leases and revenue. How will these changes affect your entity and when will they apply?
Changes have been made to Making Tax Digital which will affect many more people who submit a self assessment tax return. Read our blog to see if you’re affected and when you need to comply.
Our Legal accounting team examines the SRA’s new case studies to help firms comply with the SRA Accounts Rules and provides some action points for law firms.