Insights

Land remediation relief (LRR) is quite often overlooked particularly by smaller property developers and investors. It is a valuable relief, and the claiming of it, is actively encouraged by HMRC. By way of background, LRR was introduced in 2001 to address market...

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.

The Government announced a six-month extension to the Childcare Voucher (CCV) scheme following a Parliamentary Debate and Vote to keep Childcare Vouchers open to new entrants beyond April 2018. The deadline for new entrants to join the existing CCV scheme has been...

  Pension Contributions Under the Pensions Act 2008, the minimum amounts that should be paid into automatic enrolment pension schemes will increase as planned - Date Effective Employer Minimum Contribution Staff Contribution Total Minimum Contribution 6th April...

We constantly advise people who are completely sure that they will automatically be rewarded with a big pay off as a result of selling their company one day. They are also entirely sure that they will only suffer tax at 10% on the sale and they seem shocked when we...

With increasing competition, comes an increasing need to focus on efficiency and timely, informed decision making. Fully utilising computerised accounting systems is vital in achieving this. Designed for complete control when managing finances, Sage Accounts is fast,...

In recent budgets the government has been trying to align the taxation of foreign individuals with the UK tax system. Up to 5th April 2017 only 90% of a foreign pension or annuity payable received by a UK resident (except those claiming the remittance basis) was...