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

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 ...

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

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.

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: ...

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 ...

Companies with historic inaccuracies in research and development (R&D) claims are being encouraged to come forward under a ...

If you’re in the midst of a mountain of tax returns, strategic planning for the year ahead may not be your number one ...

The UK government has been exploring ways to reform [1] the audit industry for many years, in order to improve governance and ...