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We like to keep ahead of the curve wherever we can – whether that’s technological advances, legislation, or just what’s happening in accounting. Then share it all as free advice on our blog page.

View A No Deal Brexit: What Could Happen To Customs Procedures?

A No Deal Brexit: What Could Happen To Customs Procedures?

Last week we posted an article advising businesses that trade with the EU of guidance that HMRC has issued in the event that we do not reach an accommodation with the EU when we leave March 2019. This week we are paraphrasing, from HMRC’s guidance announcements, the likely changes to customs procedures if the so-called…

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View Brexit And VAT: What Should You Do To Prepare?

Brexit And VAT: What Should You Do To Prepare?

Businesses that buy goods from the EU or export goods to the EU would be advised to read the recent VAT guidance from HMRC that is published under the title: VAT For Businesses If There Is No Brexit Deal The stated purpose of the document is reproduced below. The full text can be read online…

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View Where There’s A Will…

Where There’s A Will…

None of us relish our own demise which probably explains why approximately 70% of us have not made a Will. With no direction from your good selves, who will inherit your worldly goods if you die without making a Will? The legal jargon is dying intestate. A Non-Living Example Consider Louis. 75 years old and…

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View Boosting Recycling Through The Tax System

Boosting Recycling Through The Tax System

The government has announced that it has received record-breaking support from members of the public to counter the blight of plastic waste. Here’s what they said: Individuals, businesses and campaign groups have expressed overwhelming support for action on tackling the impact of plastics on our environment. Highest Response In Treasury’s History The backing comes as…

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View Pallister Vs Hope – An Inheritance Tax Battle

Pallister Vs Hope – An Inheritance Tax Battle

In a recent tax case, Pallister v Revenue & Customs, Pallister’s son (PJ) was left a share in his deceased parent’s investment property, in June 2012. A local surveyor valued the property at £1.2m. This was the figure used to determine the deceased parent’s inheritance tax bill. Subsequently, the property was sold in March 2014…

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View HMRC Win In Match Against Football Manager

HMRC Win In Match Against Football Manager

HMRC was quick to publicise their victory in a recent tax case that resulted in a well-known football agent facing a £1.2m tax bill. Football Agent Named According to their press release, former football agent Jerome Anderson lost his £1.2 million tax battle with HMRC during a case heard at the Upper Tribunal. This showed…

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View New Ideas To Simplify Tax System From Government Think-Tank

New Ideas To Simplify Tax System From Government Think-Tank

At the beginning of August, the Office for Tax Simplification (OTS) – a government department charged with coming up with new ideas to simplify our tax system – issued a number of reports and recommendations. They include a number of interesting topics and we have shared the conclusions below: Changes To Capital Allowances At present,…

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View Bracey’s Acquires Boutique Accountancy Firm

Bracey’s Acquires Boutique Accountancy Firm

The accountancy practice which opened its first office in Hertfordshire in 2010 has announced, effective August 3, 2018, the successful acquisition of D.K Gardiner & Co. Founded in 1970, the boutique accountancy firm, located in Fife, serves small and medium-sized private enterprises and individuals. “We are exceptionally excited to welcome the new practice into the…

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View Meet Farren Brooker | Hitchin Practice

Meet Farren Brooker | Hitchin Practice

We’re committed as a firm to developing and retaining some of the brightest talent in the industry. Farren Brooker, Hitchin Portfolio Holder, has been a key member of the team since 2013, bringing buckets of enthusiasm and know-how to our Hitchin office. So, we’d like you to get to know him a bit better… Farren,…

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