Guides, Reports & Factsheets

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Document Type

Document Topic

Guide

Business Tax, Tax

2022/23 Tax Rates Pocket Guide

Download your free, handy pocket guide for all the key UK Tax Rates and Allowances for the tax year 2022/23

Report

Tax

Summary of the Spring Statement 2022

We have pleasure in sharing our summary of the Chancellor’s 2022 Spring Statement. In this report we have highlighted the main tax measures that were announced.

Factsheet

Business Advisory

GDPR

This factsheet covers what is GDPR, why you should take it seriously, new obligations, lawfulness and consent and where to start.

Factsheet

Private Client Tax

Basic tax planning

This factsheet covers why tax planning is advisable, what does it involve and who will benefit, why one size to fit all does not work and planning to save tax.

Factsheet

Business Advisory

Advantages of Cloud Accounting

This factsheet covers the main advantages of Cloud Accounting, scalability, costs, transferring existing records and the right software product to use.

Factsheet

Business Advisory

Business Structure

This factsheet covers business risks, sole traders, partnerships, limited liability partnerships, companies limited by guarantee and limited companies.

Factsheet

Private Client Tax

Capital Gains Tax

This factsheet covers when Capital Gains Tax is payable, how much is payable on chargeable gains, making a capital gain, owning assets in a company and other reliefs and factors to consider.

Factsheet

Private Client Tax

Annual Investment Allowance

This factsheet covers what AIA is, claiming AIA and selling the underlying asset, reducing your AIA claim, when is AIA not available, investment decisions and other issues to consider.

Factsheet

Private Client Tax

Income Tax

This factsheet covers the types of income that is taxable, Income Tax bands across all four nations, Income Tax allowances, reducing your Income Tax liabilities, dividend income, married couples allowance, High Income Child Benefit Charge, the marginal rate of Income Tax, self-assessment and Making Tax Digital.

Factsheet

Private Client Tax

Inheritance Tax

This factsheet covers IHT reliefs, Main Residence Nil-rate band, giving assets away, wills, trusts, living abroad and double taxation treaties.

Factsheet

Private Client Tax

Making Tax Digital

This factsheet covers responsibility for sending information to HMRC, how is information to be sent, benefits and disadvantages and compatible software.

Factsheet

Private Client Tax

Salary sacrifice

This factsheet covers the tightened restrictions on salary sacrifice schemes, which features continue to offer tax and NIC savings, what effect is there on benefits and future strategies.

Factsheet

Private Client Tax

National Minimum & Living Wage rates

This factsheet covers who qualifies for NMW or NLW, who is not entitled to the NMW or NLW, rates of NMW and NLW, company directors and the minimum wage and penalties for breaching the regulations.

Factsheet

Private Client Tax

Personal Service Companies and IR35

This factsheet covers what a Personal Service Company is, the changes from April 2021, what happens if you are caught by the rules, can you challenge HMRC, how do the rules operate, partnerships and Managed Service and Umbrella Companies.

Factsheet

Business Tax

Corporation Tax

This factsheet covers who pays Corporation Tax, filing tax returns, calculating your CT bill, rates of CT payable, what accounting records do you need to keep and for how long, CT reliefs available, submitting late returns and unpaid loans to directors/shareholders.

Factsheet

Business Tax

R&D tax relief for smaller companies

This factsheet covers what counts as R&D if you qualify, what costs qualify for R&D relief, how much tax relief will a qualifying project attract and how do you claim the R&D relief.

Factsheet

Private Client Tax

Buy-to-let landlords

This factsheet covers the loss of higher rate tax relief, wear and tear allowance exits, Making Tax Digital, changes to CGT from April 2020 and ideas to counter the changes.

Factsheet

Private Client Tax

Stamp Duty Land Tax and regional variations

This factsheet covers rates for SDLT in England and Northern Ireland, Scottish LBTT and Welsh LTT, the types of properties that incur and do not incur these taxes and planning opportunities if you live or work in border areas.

Factsheet

Private Client Tax

Non-domiciled Taxpayers

This factsheet covers what is domicile, what are tax treaties, what is the current position of non-doms and other considerations, RBC exemptions and any other UK taxes that affect non-doms.

Factsheet

Private Client Tax

Investment Tax Reliefs

This factsheet covers the Enterprise Investment Scheme, Seed Enterprise Investment Scheme, Social Investment Tax Relief, EIS and VCT and encouraging investment in knowledge-intensive companies and can a business owner claim these reliefs.

Guide

Audit & Assurance

Why your Global Audit is a nightmare… and what to do about it

However you look at it, your global audit is a significant investment of your time and source of stress. For many CFOs of international mid-market companies, it’s not just the impact on your work life which frustrates, many a holiday, family event, social commitment, or hobby has been ruined because of ‘problems with the audit’. This report has been written for CFOs of international mid-market companies so you can have painless global audits.

Report

Business Tax, Private Client Tax

Autumn 2021 Budget Announcement

The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality.

Guide

Entering the UK, International

Doing Business in the UK

Deciding where and how to expand your business overseas is by no means an easy task and one which has arguably been made more challenging by recent global economic and political uncertainty. This guide aims to explain the challenges brought about by leaving the European Union, but also significant opportunities for overseas owned companies looking to establish a presence in the UK market.

Factsheet

Business Tax

Super deduction on plant and machinery explained

In the Spring Budget 2021 speech, the Chancellor set out the new temporary first-year allowances. This guide explains super deduction on plant and machinery.

Factsheet

Business Tax

R&D Tax Relief Explained

The UK has a very attractive set of tax incentives intended to encourage Research and Development (R&D) activities within the UK. The schemes provide generous tax reliefs and can often result in significant cash repayments from HMRC. Despite this, many businesses are unaware of the reliefs that are available to them and therefore may miss out on these valuable incentives.

Report

Business Tax, Private Client Tax

Spring 2021 Budget announcement

The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’. We have the pleasure in sharing our overview report of the key measures in the Budget 2021.

Factsheet

Business Tax

IR35 Explained

The postponed IR35 legislation implementation date for private-sector contractors is coming into effect from 6 April 2021. This was initially taking effect from 6 April 2020 but postponed due to the ongoing coronavirus pandemic. Businesses should reassess their position as soon as possible whether contractors or engagers.

Guide

Business Tax

What does the Brexit deal mean for VAT changes?

To help you understand how the UK’s VAT rules have changed since 1st January 2021, in the second guide of our Beyond Brexit series, we’re specifically tackling VAT Changes.

Guide

Business Tax

What does the Brexit deal mean for business?

To help you navigate the new trading landscape we will be putting together a series of updates tackling the key changes, the first of which focuses on VAT & Customs.

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