Insights

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...

What’s the issue? If you applied the temporary reduced VAT rate during the Covid-19 pandemic, were you correct to do so? If not, your business may have underdeclared output tax and you may be at risk of receiving VAT assessments, interest and penalties. What can go...

By Brian Lenehan, HR Consultant  Parental leave and family support policies have become a prominent part of talent attraction and retention, and highly competitive in terms of best practice. In 2019, 65% of workers surveyed said they prioritise work-life balance over...

Restructuring and Insolvency Manager Claire Mateer discusses the benefits of IVAs amid news of harmful ‘debt help’ advertisements. This week, a BBC investigation uncovered allegations of IVA misuse by debt recovery and ‘debt help’ services. In recent months, several...

Restructuring & Insolvency Manager Claire Mateer takes a look at the insolvency statistics for June June’s insolvency statistics reveal a return to pre-pandemic levels of monthly bankruptcies. Northern Ireland saw 14 company insolvencies last month, which remains...

Firms importing goods from Great Britain and the EU may have the opportunity to claim a refund, and changes to the Protocol mean a new registration is now required. Refund Opportunity  - UK Duty Reimbursement Scheme Have you paid EU Customs Duty on importing goods...

By Donal Laverty, Consulting Partner A recent survey by McKinsey revealed that 87% of Americans prefer working on a hybrid or fully remote basis. This dynamic is widespread across demographics, occupations and geographies, and the work-from-anywhere trend is likely to...

By Julie Hamilton, Personal Tax Manager  We are seeing many fully electric or hybrid cars being acquired personally or made available to employees. For company car drivers the initial consideration when an employee chooses a company car will be the benefit in kind...

Over the past two years, companies have benefited from the exceptionally advantageous Super Deduction 130% capital allowances rate for qualifying expenditures.  However, this provision has been replaced by a new ‘permanent’ Annual Investment Allowance limit of £1...

By Neil Armstrong, Tax Director  We are a region known for our stunning coastlines and sometimes sunny beaches. Approaching the summer after years of travel restrictions that changed the way we holiday; many will once again be considering purchasing a second home for...