News

HM Revenue and Customs (HMRC) has released a “tax simplification” update confirming that the reporting and paying of income tax and class 1A national insurance contributions (NIC) on benefits-in-kind (BIK) via payroll software will become mandatory from April 2026. This follows the changes made during the 2022/23 reporting season whereby amendments to P11Ds had to be completed ...

HMRC targets buy to let landlords claiming higher levels of repair and maintenance expenditure Landlords across the UK have started to receive letters from HMRC as part of their ‘One-to-Many’ campaign. This letter focuses on the repair and maintenance costs claimed within the taxpayers 2021/22 tax return. Since December 2023, HMRC has been reaching out to landlords who comple ...

From 4 March 2024, there’ll be new rules for registered office addresses which mean companies must have an ‘appropriate address’ as their registered office at all times. An appropriate address is one where: any documents sent to the registered office should be expected to come to the attention of a person acting on behalf of the company; any documents sent to that address c ...

In a nutshell From 1 April 2023, the rules have changed from 51% related companies back to the associated company rules. Prior to 1 April 2023, companies were connected if one company had at least a 51% shareholding in another company.  The new rules result in more companies being connected compared to the old 51% shareholding companies. Why does this matter? The result may ...

Probate and estate administration is the financial and legal process which takes place after someone has died. The purpose is to make sure all relevant taxes are collected, money owing to creditors is paid, debts owed to the deceased are collected and the remaining assets from the estate are distributed to the relevant beneficiaries. To find a Probate record online you can vis ...

Before Probate is granted

In general, a Will is a private document until a Grant of Probate is issued. While the testator is still alive, nobody other than the testator is entitled to receive a copy of the Will.

Following the testator’s death, unless and until Probate is granted, the Will remains a private document although the Executors named in the Will are entitled to see it. 

How the Autumn Statement update tax changes may affect your business Following the Autumn Statement 2023 announcing tax changes for business owners, employees and employers, updates are being released in stages informing businesses how they will be affected at the beginning of the new tax year in April 2024.  Discover below the recent updates on Capital Allowances, Corporate ...

Chancellor Jeremy Hunt will deliver the 2024 Spring Budget on 6 March, the government has confirmed. The Budget will include the government's tax and spending plans as well as new growth and borrowing forecasts. It could be the last chance for the government to announce significant changes to tax policy before the general election.The Chancellor used his last big fiscal speec ...

How to find someone's assets after death? When someone dies, it is up to their family to locate all the assets that they left behind. Although this task usually falls to the person who will ultimately be the executor of the Will, having a few family members tackle this project together can make it mentally and emotionally easier. Assets include things like bank accounts, savi ...

We recently attended two Careers Fairs to look for graduates for our 4 year graduate scheme within our Audit department. Brunel University On Tuesday 24th October, we attended Brunel's Autumn Placement, Careers Fair. The event was open to all Brunel students (all year groups and disciplines) as well as recent alumni. Royal Holloway University On Wednesday 25th October, we a ...