Blog26th Jun 2024 HMRC Disclosures- Prompted vs Unprompted And Why Does It Matter When it comes to completing Tax Returns, mistakes can and do happen. According to HMRC, this is especially the case with certain types of income, for example overseas or self-employed sources. Not just mistakes either, but a simple lack of… By Caroline Murphy View more
Blog26th Jun 2024 Here are 5 Benefits of Family Investment Companies In recent years, “Family Investment Companies” (FICs) have become more widely used in family tax planning exercises. However, they are not a new structure by any means – in fact our oldest FIC client is over 100 years old! FICs… By Caroline Murphy View more
Blog26th Jun 2024 Will the 4-year tax residence amnesty boost UK growth? Labour may look to introduce a 4 year tax residence amnesty to attract overseas investors to help them with their plans for economic growth. So, what does that mean? Foreign Investors – Who, what and where One of the recognised… By Caroline Murphy View more
Blog26th Jun 2024 What is a Payment on Account? Unlike the PAYE system, when you start working as a sole trader or have a new untaxed source of income (e.g. rental income, dividend income) you won’t pay tax as money comes in. Instead, your first tax bill is likely to fall… By Caroline Murphy View more
Blog26th Jun 2024 Workplace Culture: How Can You Overcome The 10 Silent Killers? Culture is often thought of as the lifeblood of an organisation. It encompasses the shared values, beliefs, and practices that shape how employees interact, make decisions, and approach their work. It influences employee behaviour, impacts engagement and motivation, drives overall… By Caroline Murphy View more
Blog26th Jun 2024 EU Whistleblowing Directive latest – Member states slowly introducing whistleblowing protection laws All EU Member States were tasked with passing new whistleblowing legislation by 17 December 2021 known as the EU whistleblowing Directive and to adopt their own version of the Directive as their own national law. The EU adopted the Directive… By Caroline Murphy View more
Blog26th Jun 2024 Tips on how to effectively manage Whistleblowing Disclosures Most businesses encourage their employees to raise whistleblowing disclosures directly via their internal whistleblowing reporting channels rather than disclosing the matter directly to a regulator. This has the advantage of enabling the business to consider and address any issues proactively… By Caroline Murphy View more
Blog26th Jun 2024 Fire Safety: 10 Simple Ways You Can Be Proactive The importance of fire safety cannot be denied. It’s essential that all businesses and organisations effectively manage fire safety in any premises they own, lease or operate. Being proactive with fire safety does not have to be an onerous task.… By Caroline Murphy View more
Blog26th Jun 2024 Neuroinclusive Workplaces: 3 Steps To Create July marks Disability Pride Month. With the well-being of employees high on the agenda for organisations, it’s becoming increasingly important to build and create neuroinclusive workplaces for your team to thrive. As we celebrate Disability Pride Month this July, it’s… By Caroline Murphy View more
Blog26th Jun 2024 How Supporting Whistleblowers Can Enhance Food Safety in the Food & Drinks Industry Today the food sector is one of the largest and most important areas of economic productivity in almost every country in the world. With expanding consumer demand, businesses can naturally be exposed to unsafe and illegal practices across their service… By Caroline Murphy View more
Blog26th Jun 2024 Protecting Whistleblowers Not Criminality HOW DOES THE UK GOVERNMENT’S NEW BANNING OF GAGGING ORDERS AIM TO ENHANCE PROTECTION FOR WHISTLEBLOWERS? The UK government’s recent announcement introducing measures to prevent employers from using non-disclosure agreements (NDA) to prevent employees reporting harassment, discrimination, or abuse is… By Caroline Murphy View more
Blog26th Jun 2024 What Does The Historic Election Result Mean For Your Business? This year has been the year of political changes, and we’re only seven months in. No matter where you’re based, it’s likely that the changing political landscape will impact your business. In Northern Ireland we saw the return of the… By Caroline Murphy View more
Blog26th Jun 2024 What does this historic election result mean for UK taxpayers? The result of the 2024 General Election will come as no surprise to pollsters, with Labour securing 412 seats – a landslide majority ending 14 years of Conservative rule. Inevitably taxpayers will be considering how this sweeping change in the… By Caroline Murphy View more
Blog26th Jun 2024 Income Tax Returns: 5 Key Reasons You Should Submit Early It is rare to find someone who looks forward to completing and filing their Income Tax Returns. For many, and for various reasons, it is usually something they put off for as long as possible. The final submission deadline… By Caroline Murphy View more
Blog26th Jun 2024 Understanding VAT on Food: Key Cases and Insights VAT has been a continuance in the UK since the 1st April 1973. While many might have wondered at the time if it was an April Fools- the fact that it’s remained for the last 51 years states that it’s… By Caroline Murphy View more
Blog26th Jun 2024 New Revenue Guidelines for Determining Employment Status What do the new Revenue Guidelines for Determining Employment Status mean for your business? The Revenue published new Guidelines for Determining Employment Status for Taxation Purposes following the Supreme Court judgment in October last year in ‘The Revenue Commissioners v… By Caroline Murphy View more