Category: Articles

For the payment services sector, research & development (R&D) is one of the most beneficial tax incentive reliefs available. Find out if you’re likely to qualify.

Tax Talk: Director’s loan accounts: avoiding the pitfalls

Loans by a company to either its shareholders or its employees (including directors) can have tax consequences. We explain what to look out for.

The rise in popularity of “crypto” has inevitably given HMRC concerns about hidden wealth and unreported income and capital gains. 

Millennial Money Mondays Notifying HMRC of chargeability (For Individuals) If you are required to complete a Self-Assessment Tax Return for the first time, you have a duty to “notify” HMRC of chargeability to income tax and/or capital gains tax (in some cases you can use the ‘real time’ capital gains tax service to avoid completing…

Initial reactions to the Autumn Budget 2021 from our Tax experts “A very technical budget, with minor changes to the tax system rather than major reform. A definite focus on leaving the EU, and the flexibility that this affords in changing the structure of some taxes.” Chris Riley | Head of Tax “Increasing the deadline…

With the announcement last month of the temporary increase to National Insurance of 1.25% from April 2022 (temporary only in that it will be replaced with the Health and Social Care levy, at the same rate, from April 2023) and corresponding increases in the Dividend tax rates for individuals, the implied suggestion in some government…

In 2019 the PRA released a supervisory statement for banks and insurers as to its expectations for firms’ management of financial risks arising from climate change.

Over the years, HMRC has introduced special payroll arrangements for cross-border workers that aim to simplify reporting and avoid double withholding. Here’s a summary. should be aware of.

Many organisations extend their business overseas into new markets, either to diversify their customer base, increase revenue potential or gain competitive advantage. But what are the tax implications?

We look at the international aspects of R&D and explains how different group arrangements can still bring you within the scope of the generous UK R&D tax relief regime. When a group gets big enough, you can bet at least one member is up to something interesting. The trick is working out whether that constitutes…

There have been several accounting changes since Brexit, many of which have affected cross-border VAT. How can postponed import VAT accounting (PIVA) help? PIVA was introduced from 1 January 2021 to enable businesses that import goods into the UK (whether from the EU or not) to account for and recover import VAT on their VAT…