With less than a month until the tax return window snaps shut, busy accounting firms are already contemplating whether a ...

Seth Moffett Russell was the sole director/shareholder of Avenir EMS Ltd (AEMS) and in February 2023, HMRC issued a Notice of Requirement (NoR) ...

Company is looking to pay an employee £120 per night for a five night business trip to Japan. As this is about twice HMRC's 24-hour subsistence ...

A furnished holiday let existed for many years.  Ownership is 50/50, but for tax return purposes owner1 elected to report profits and losses.  Owner 1 ...

Helping out a client that looks to have an old petty cash balance, just under £450 but it wasn't reconcilied for 2-3 years and keeps being carried ...

I have a question that was posed to me that I am struggling to find an answer to given my lack of exposure to Goodwill and IP deductions.

Charity finance professionals know the struggle: balancing restricted and unrestricted funds, keeping activities transparent, ...

Wife elected to reduce her MA (ie that 10% of a PA be transferred to her husband). The husband is a BR taxpayer in 22/23 and 23/24 and will probably be in 24/25. HMRC have written to the wife to say: ...

In the latest instalment of our practice breakthrough series, managing director Steven Tanner reveals that his firm’s growth began when a target client type was established. Have you found this ...

As accounting demands grow, so does the need for smarter, more efficient tools. Integrating new software with your existing legacy systems might seem ...

Say a company made a bulk purchase of assets and paid one single price, how would I then determine the individual cost of said assets, in line with IFRS? It's not as simple as splitting evenly as the ...

A client has a student loan which was paid off in full during 2024-25 (the client moved onto the direct debit system with the Student Loan company to ...