Blog26th Jun 2024 Tax Implications of being UK Tax Resident vs Non UK Resident Non UK residence – What is it and how could it affect you? The default position is that UK Tax residence results in UK tax exposure on worldwide income and gains, no matter where they are held. UK Tax Residents,… By Caroline Murphy View more
Blog26th Jun 2024 Pandora Papers opens HMRC Offshore Tax Pandora’s Box The recently published Pandora Papers put offshore tax in the headlines once again. If you have undeclared offshore income or gains, it is important to act now. The Pandora Papers are thought to contain the names of over 750,000 companies… By Caroline Murphy View more
Blog26th Jun 2024 Emotional Intelligence The term ‘Emotional Intelligence’ was first coined by Peter Salavoy and John Mayar in an article in 1990 and has since been popularised by the work of psychologist, journalist and author, Daniel Goleman in his seminal 1995 work of the… By Caroline Murphy View more
Blog26th Jun 2024 What Makes an Effective People Manager? A recent guide published earlier this month by the CIPD entitled ‘Effective People Managers: An Evidence Review’ highlights the pivotal role that people managers play in creating an engaging, motivating and psychologically safe work environment. The guide highlights how people… By Caroline Murphy View more
Blog26th Jun 2024 Pandora Papers: Your Guide To Undeclared Offshore Income The recently published Pandora Papers put offshore tax in the headlines once again. If you have undeclared offshore income or gains, it is important to act now. The Pandora Papers are thought to contain the names of over 750,000 companies… By Caroline Murphy View more
Blog26th Jun 2024 APA survey results reveal where SMEs need support 77% of owner managed businesses rate Government support as either poor or very poor. That is one of the key findings of a survey of 532 of these businesses launched by the Association of Practising Accountants (APA) today. That is… By Caroline Murphy View more
Blog26th Jun 2024 Cryptocurrency- From Anonymity to Accountability Did you know that HMRC (HM Revenue & Customs) have the power to request data from cryptoasset exchanges? Many are still largely unaware that this power has been in place for years and indeed HMRC have already used it to… By Caroline Murphy View more
Blog26th Jun 2024 Capital Gains Tax On Property: Disposal Requirements Understanding capital gains tax on property is essential when you are buying or selling properties. By familiarising yourself with the applicable rates, exemptions, and strategies to minimise tax liability, you can make informed decisions that can potentially save you money.… By Caroline Murphy View more
Blog26th Jun 2024 What You Need to Know about the TBESS Scheme Extension The Temporary Business Energy Support Scheme (TBESS) has undergone some changes since its initial launch. Originally planned to operate from September 2022 to February 2023, the TBESS scheme has been extended to provide additional assistance to eligible businesses. The new… By Caroline Murphy View more
Blog26th Jun 2024 Leadership Competencies In today’s fast-paced and dynamic business environment, the role of a manager extends beyond technical expertise. While technical abilities are undoubtedly crucial, it is equally important for managers to develop strong leadership competencies. Recent research by the Centre for Creative… By Caroline Murphy View more
Blog26th Jun 2024 How Important is ESG in M&A Transactions Environmental, Social and Governance (ESG) is attracting increasing attention from investors and acquirers when evaluating investment, growth funding and M&A opportunities, highlights Alasdair Green, Head of ESG at the AAB Group and Partner in the Corporate Finance team. At… By Caroline Murphy View more
Blog26th Jun 2024 How Important is ESG in M&A Transactions? Environmental, Social and Governance (ESG) is attracting increasing attention from investors and acquirers when evaluating investment, growth funding and M&A opportunities. At the outset of a possible deal, investors and acquirers are now taking more rigorous ESG considerations into account. … By Caroline Murphy View more
Blog26th Jun 2024 What Is A Furnished Holiday Let? Furnished Holiday Lets (FHL) are becoming more and more popular in the UK, particularly in Scotland, with holidaymakers’ desires for a ‘staycation’ only increasing. But are you aware that these properties come with a different set of tax rules compared… By Caroline Murphy View more
Blog26th Jun 2024 Export Licencing- The Silent Business Killer Most UK exporters routinely carry on their export trade. Whether they are exporting the goods that they have manufactured or selling on other companies’ products, the company directors generally believe that they are operating in accordance with HMRC regulations. All… By Caroline Murphy View more
Blog26th Jun 2024 What Is The Basis Period Reform For 2023? What is the basis period? The basis period is the accounting period on which a business calculates their tax each year. Ordinarily the basis period on which a business is taxed is the 12 month accounting period that ends within… By Caroline Murphy View more
Blog26th Jun 2024 UNRAVELLING THE SECRETS OF TAX CODES Tax codes are the enigmatic language of the financial world, often leaving individuals uncertain about their significance. In this guide, we aim to unravel the secrets of tax codes, shedding light on their importance and demystifying their complexities. Whether you’re… By Caroline Murphy View more