A report into the funding of Academies in the United Kingdom has revealed a marked increase in the number of Academies and Trusts dipping into their reserves to keep up with the significant cost increases that have hit the education sector. The 12th Kreston UK Academies Benchmark Report focuses on how academies have fared financially […]
Year: 2024
National Apprenticeship Week 2024
National Apprenticeship Week highlights the benefits and importance of apprenticeships for both businesses and those looking to get into a career in accountancy.
Yorkshire Shadow MPC – January 2024
Experts from different sectors in and around York took part in the Shadow MPC. The MPC is a partnership between Clive Owen LLP and The York Press, which considers the region’s economy and invites business figures to argue their case for a shift, or hold, in the rate. The members voted unanimously for a pause […]
Clive Owen LLP: celebrating continued growth and community engagement in Durham
Clive Owen LLP has significantly expanded its Durham office, taking its headcount to more than 20 colleagues.
Meet The Team – Joe Vera-Sanso
We caught up with Joe on the Darlington office, what it’s like working in grants and discussed his life outside work.
Find out more in the blog
A financial review of 2023 and Outlook for 2024 – Matthew Burgess, Evelyn Partners
By Matthew Burgess, Investment Manager at Evelyn Partners. 2023 It was a bumpy ride for investors in 2023. We entered 2023 with talk of most major economies at or near recession and there seemed to be little cause for celebration. Uncertainty around the future paths for inflation, interest rates and growth led to market volatility […]
Online income – is this reportable to HMRC?
By tax partner, Lee Watson There has been quite a lot of debate, over the past couple of weeks, about the accessing of information by HMRC from websites such as eBay, Vinted, Airbnb, Deliveroo, Amazon etc. There has also been a lot of misunderstanding about what is reportable to HMRC from a tax perspective. Separating […]
Payments on account – can you reduce these?
The deadline for filing your 2022/23 tax return is fast approaching (31 January 2024), as is the due date for any balance of tax due for 2022/23 and the first payment on account for 2023/24. Now is the time to think about whether you can reduce your payments on account. Are you required to pay […]
Form P11D – the long farewell
As part of the movement towards tax simplification, HMRC has advised that it will be mandatory to declare benefits-in-kind (BIKs) via the business payroll, from April 2026. At the moment, the payrolling of BIKs is voluntary and many employers still choose to declare the benefits on forms P11D, to ease pressure on their payroll teams. […]
Renovating Properties – are you trading?
There can be money to be made buying a property in a dilapidated state, renovating it and selling it for a profit. However, when it comes to tax, it is important to know whether the ‘profit’ element is a capital gain or a trading profit. This will determine how it is taxed and at what […]