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CLIVE OWEN LLP CONTINUES GROWTH WITH STUDENT RECRUITS

CLIVE OWEN LLP CONTINUES GROWTH WITH STUDENT RECRUITS

Date posted: 14th Aug 2023

Leading chartered accountants and business advisers Clive Owen LLP has recruited seven new colleagues furthering its year-on-year growth. The firm, which has offices in Darlington, York, Durham and…

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Inheritance tax – to be abolished?

Inheritance tax – to be abolished?

Date posted: 9th Aug 2023

There are rumours circulating in the press of the possible abolitshment of inheritance tax (IHT) in a bid by the Government to secure the support of wavering Conservative…

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Staff summer event – tax issues?

Staff summer event – tax issues?

Date posted: 9th Aug 2023

Employers may meet the cost of certain social events for staff without creating a tax liability. This used to be a concession but is now a statutory exemption…

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Tax-free childcare over the summer holidays

Tax-free childcare over the summer holidays

Date posted: 9th Aug 2023

Tax-Free Childcare (TFC) accounts can be used to pay for approved childcare for children aged 11 or under, or 16 if the child has a disability.  This can…

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Do you need to register for VAT?

Do you need to register for VAT?

Date posted: 9th Aug 2023

If you make VATable supplies, you will need to register for VAT if your taxable turnover reaches the VAT registration threshold. The VAT registration threshold is currently set…

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Property income – what expenses can you offset to reduce tax?

Property income – what expenses can you offset to reduce tax?

Date posted: 9th Aug 2023

If you let out a property, you can deduct certain expenses that you incur when working out your taxable rental profit. Some common expenses claimed, include: 1.Letting agency…

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Business Asset Disposal Relief – have you exceeded the limit?

Business Asset Disposal Relief – have you exceeded the limit?

Date posted: 8th Aug 2023

HMRC have sent out ‘One to Many’ nudge letters to taxpayers who they believe may have claimed Business Asset Disposal Relief (BADR) in excess of the lifetime limit….

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R&D claims – a changing landscape

R&D claims – a changing landscape

Date posted: 8th Aug 2023

The research and development (R&D) tax relief regime changed in April 2023 with the changes to the rates of relief and tax credits that can be claimed. In…

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Capital Gains Tax reporting – when and how?

Capital Gains Tax reporting – when and how?

Date posted: 8th Aug 2023

We are often asked questions on capital gains tax and when and how to report any taxes due. Capital Gains Tax arises from the sale of a capital…

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Goodbye Superdeduction – Hello Full Expensing.

Goodbye Superdeduction – Hello Full Expensing.

Date posted: 8th Aug 2023

Over the years we’ve all become familiar with the Annual Investment Allowance which has allowed businesses to write off certain capital expenditure, in full, for tax.  This Allowance,…

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