Yearly Archives: 2025




What is a negligible value c...

Event date: 1st Jan 1970

A negligible value claim means that a claim is made that an asset is worthless, without actually selling the asset.

What is a negligible value claim?
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Tax year end compliance requ...

Event date: 1st Jan 1970

The end of the 2024/25 tax year means that many employers will be submitting various compliance forms to HMRC in the coming months.

Tax year end compliance requirements for employers
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Daily penalties – watch out ...

Event date: 1st Jan 1970

If your 2023/24 tax return has not been submitted to HMRC, then you are likely to face £10 daily penalties, if this remains the case from 1 May 2025.

Daily penalties – watch out from 1 May 2025
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PAYE only taxpayer – a 2024/...

Event date: 1st Jan 1970

HMRC have announced that anyone with only PAYE income, will not be required to complete a 2024/25 tax return.

PAYE only taxpayer – a 2024/25 Return may not be required…but…
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Yorkshire firms advise Tiffi...

Event date: 1st Jan 1970

Leading independent North East and Yorkshire accountancy and business advisory firm Clive Owen LLP, and regional law firm Andrew Jackson Solicitors LLP, have supported Bradford-based Tiffin Sandwiches (“Tiffin”),…

Yorkshire firms advise Tiffin Sandwiches on successful acquisition of Scottish company
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New Partners announced at gr...

Event date: 1st Jan 1970

One of the North’s leading independent accountancy and business advisory firms has further strengthened its Partnership group after announcing a series of senior promotions.  

New Partners announced at growing Clive Owen LLP
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Important Changes: Company D...

Event date: 1st Jan 1970

The Economic Crime and Corporate Transparency Act 2023 has introduced significant changes to Companies House regulations, aimed at enhancing transparency and combating fraud.

Important Changes: Company Director and Owner ID Verification at Companies House
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Should we pay a dividend bef...

Event date: 1st Jan 1970

If you are the owner of a personal or family company, it is prudent to review your dividend strategy before the 2024/25 tax year comes to an end…

Should we pay a dividend before the end of the tax year?
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Spreading the cost of sellin...

Event date: 1st Jan 1970

There comes a time in every business owner’s life when retirement looms and thoughts turn to succession planning. Planning should ideally start 2-3 years before the date of…

Spreading the cost of selling your company – Cash or loan notes (earn-outs) – What are the tax implications?
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