Insights

It seems like a lifetime ago, but back in 2015 the government announced its intentions to make tax return filing digital and, after a few delays, part 1 of the project is very nearly here. The original plans have been watered down and recently HMRC has announced a...

The pre-Brexit Budget will be revealed by the Chancellor Philip Hammond on Monday (29 October) at what is a time of great uncertainty for the future of the UK. Tax Partner Tom Penman offers his predictions on what we are likely to see in this year’s Budget statement,...

Management and Leadership matters. As companies and governments work towards increasing productivity, the impact of management and leadership has come into sharp focus. In this short podcast Andrew Webb looks at the wider issues and considers Northern Ireland’s...

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...