How will the private-equity (PE) sector manage the next phase of consolidation in the accounting industry? A series of PE firms with ...

A client sent me a link to a YouTube video regarding Gov.UK One and the requirement for Directors to verify who they are.

I've been passed a set of accounts (2024 y/e) which show Debtors of c£26000, marked as Advance Corporation Tax Recoverable.

From 30 October 2024, HMRC regard payments from the company as distributions which are in principle taxable. There is a specific relief against that income under s401ZA ITTOIA 2005, but it needs to be ...

Can't login to even download tax codes this morning. The HMRC service availability page claims full service is available(!), plus that ...

Update - We’re aware of an issue preventing some customers from logging into Xero. This is related to an issue with our third party provider, Amazon ...

Sole trader client used a van for business which broke down and had to be scrapped. Luckily for the ST, his self-employed father happened to retire at the same time, at which point his father gifted ...

The upcoming rollout of Making Tax Digital for Income Tax (MTD IT) isn’t just a compliance update, it’s a complete shift in how accountants work, ...

The merged R&D tax scheme has simplified how grants interact with R&D tax relief claims. For most UK companies, they no longer have any impact. But, ...

Client quite often sends his employees to work away from home, he pays for their accommodation, but wants to pay £40 for subsistence, through the payroll.

I have a client with two debt laden companies. Thinks he can sell then for £1 each and walk away leaving the new owner to liquidate them. In the ...

Partner A dies, leaving his capital account, based on market value to their three children, Partner B, Partner C and Daugher- not in the business.