Insights

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  However, this provision has been replaced by a new ‘permanent’ Annual Investment Allowance limit of £1...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...

Adrien Pelan, Accounts Technician in the Business Services Team, spoke to the Belfast Telegraph about her career.  1. Give a brief outline of your career to date. I began my career in accounting with Baker Tilly Mooney Moore, initially as part of the Higher Level...

Restructuring & Insolvency Manager Claire Mateer takes a look at the insolvency statistics for March.  Until 17th April creditors have been unable to issue winding up petitions against companies in Northern Ireland as a result of restrictions arising from the...

The reopening of the Bankruptcy and Companies Master’s Court on 17 April 2023 to creditor winding up petitions will prompt the pursual of a significant number of struggling businesses in Northern Ireland.  Guidance from the Bankruptcy and Companies Master released...

By Michael Branniff, Business Services Partner at Baker Tilly Mooney Moore After entering 2023 with a depressing economic outlook, the markets remain unsteady as we make our way through spring. Inflation is not on the downturn yet, overheads remain high for businesses...

The reintroduction of creditor winding up petitions on companies in Northern Ireland can be expected soon and will lead to creditors pursuing companies in financial distress. Restructuring and Insolvency Partner, Darren Bowman, has said the introduction of the...

By Angela Keery, Head of Tax The Spring Budget came and went yesterday with limited changes for business and personal finances. Amid headlines of extended energy support measures and childcare support for families, the main takeaways for business owners will be...

The rates for the National Living Wage (for those aged 23 and over) and the National Minimum Wage (for those of at least school leaving age) will increase on 1 April. The new rates are: 23 and over 21 to 22 18 to 20 Under 18 Apprentice April 2022 (current rate) £9.50...