Businesses in Northern Ireland selling goods to consumers in the EU can now register for the One Stop Shop (OSS). The One Stop Shop allows businesses to manage and report the VAT due on EU distance sales, and make payments in one place, instead of having to register...
We have proven time and time again that Northern Ireland businesses are resilient. Now, many businesses are having to work smarter than ever to deal with the ongoing effects of Covid19, the uncertainty over Brexit and getting the business back “to normal”. Staff...
Are you considering buying a holiday home/ holiday let or a buy to let? Why you need to know the difference. With the ongoing travel restrictions, we are all having to holiday at home and “stay local”. As we head into a second summer of staycations, many are...
In his recent article “Ensuring where possible the NRB is available to minimise IHT”, Tax Manager Chris Bradley discussed the Nil Rate Band (‘NRB’) and a few key points to be aware of. In his latest article, Chris outlines some of the key points in relation to...
We were so pleased to have Rebecca Weir join our Audit & Assurance team in September. She brings over 4 years’ experience in Auditing, having worked with multinational clients and for leading global professional services firms. Rebecca holds a BSC (Hons) in...
What is Inheritance Tax? Inheritance tax (‘IHT’) is a capital tax on an individual’s estate when they die. An individual’s estate comprises of all property, possessions and money owned at the date of their death. The current rate of IHT is 40% and is payable on...
