Insights

Under new rules in the Economic Crime and Corporate Transparency Act 2023, small companies will have to file a profit and loss account as well as a directors’ report and prepare annual accounts in accordance with section 396 CA 2006. These changes will ensure that key...

The New Year is the perfect time to reflect on what your business has achieved, reassess your financial strategy and plan for the year ahead. After years of uncertainty and economic instability, our team is looking forward with optimism. Here, we share our advice on...

By Brian Lenehan, HR Consultant  This has been a big year for sport with the Rugby World Cup, Ryder Cup, and FIFA Women’s World Cup dominating our screens. Next year, all eyes will be on Paris for the 2024 Olympic and Paralympic Games and the return of the European...

By Julie Hamilton, Tax Manager  As we approach the end of the year, employers are considering how they will recognise and reward their staff this Christmas. Be it a team night out or a gift, showing appreciation to your employees is an important gesture, and goes a...

What is next after a VAT visit and inspection? You may breathe a sigh of relief when HMRC completes a VAT compliance visit and no issues are identified. You might assume that if no assessment is raised by HMRC, the conclusion is that you are operating VAT correctly in...

This International Accounting Day, we are celebrating our profession, the contribution accountants make to society, and their importance in helping businesses, individuals, and large organisations to make informed and sensible financial decisions. Joining us is Jamie...

By Lisa Lappin, Restructuring and Insolvency Director  Northern Ireland businesses have operated in a challenging economic environment for some time now. The combination of stubborn inflation, high interest rates and their impact on secure lending, a tight recruitment...

Inheritance tax (IHT) does seem to be a very polarising topic for many. Some agree that generational wealth should be taxed, while others would argue that the ‘nest egg’ has already suffered income tax during the deceased’s lifetime and why should it be taxed twice?...

By Ryan Connor, Senior Management Consultant  Today’s economic challenges present a different set of symptoms in the third sector. The charity funding landscape was vastly altered in March 2023 when we transitioned from European Social Funding to the UK Shared...

This Auditor Proud Day, we’re celebrating the success of those within our Audit & Assurance team, a key pillar of the services we offer here at Baker Tilly Mooney Moore.  Following on from recent promotions within the busy department, we put the spotlight on...

High earning business owners can significantly increase their ability to make pension contributions by making small changes to the timing of dividend distributions from their personal company. Individuals with high income can have their annual allowance for pension...

By Julie Hamilton, Tax Manager  The pandemic put a spotlight on the cross-border tax situation impacting businesses and their employees. When the world moved to working from home, cross-border workers found they were liable for double taxation and a host of other...