Inspired by long sunny days and holidays abroad, attention often turns to buying a bolt-hole in the sun. However, UK tax legislation has “anti-avoidance legislation” which hypothetically traces the income and gain to the ultimate owner. Although offshore ownership...
With recent challenges in the Buy to Let market, property owners are looking at alternatives including Furnished Holiday Lettings. Many consider holiday letting as being in a designated holiday region. However, the success of Airbnb has shown that short term...
How to get gross payment status…. Subcontractors working in the construction industry will be aware of the hoops a business has to go through to obtain Gross Payment Status (GPS) in respect of the payments they receive from contractors. A business will have to prove...
In a world of continuous change and disruption, Consulting Partner Donal Laverty shares his thoughts on how organisations can prepare, adapt and evolve to thrive in the future. Click here to listen.
Major changes to the way in which PAYE tax codes are calculated have been introduced. The introduction of Dynamic Coding now means that any underpaid tax will be collected in the tax year in which it arises. Once HMRC is advised of a change in circumstances, instead...
In his latest Belfast Telegraph article Director of Economic Advisory Andrew Webb looks at skills shortages and ensuring an appropriate supply of labour. Read the full article here.
