UHY Hacker Young update

The UHY Hacker Young update is published twice a year. This newsletter features articles on a range of issues that are likely to affect our clients. Regular features include information on the latest financial reporting issues and articles looking at our sector focus groups.

UHY Hacker Young update, issue 24

This issue features our guide to planning for international success.
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Update Surving and thriving 23

UHY Hacker Young update, issue 23

This issue features our guide to surviving and thriving in uncertian times.
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UHY Hacker Young update, issue 22

This issue explores alternative ways of accessing finance when the banks say ‘no’ and gives you guidance on how to improve your business plan as well as giving you information on our own business plan review service.
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UHY HY Update 21

UHY Hacker Young update, issue 21

This issue features our guide to coming out of the recession.
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UHY HY Update protectiing

UHY Hacker Young update, issue 18

This issue is a credit crunch guide that focuses on protecting your business during the recession.
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UHY Hacker Young update, issue 17

This issue focuses on AIMing for an alternative market.
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UHY Hacker Young update, issue 16

This issue features advice on selling a business and a guide for success on the Alternative Invesment Market (AIM).
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UHY HY Update 15

UHY Hacker Young update, issue 15

This issue features a guide to the rule changes in audit work and information on the effect of the Sarbanes-Oxley on UK service companies.
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UHY Hacker Young update, issue 14

This issue features information about changes to company accounts and auditor liability.
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UHY Hacker Young update, issue 13

This issue focuses on the Government's proposals for 'simplifying the taxation of pensions'.
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UHY Hacker Young update, issue 12

This issue features information about the Small Firms Loan Guarantee (SFLG) scheme.
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UHY Hacker Young update, issue 11

This issue features information about alternative investments and a guide to attracting and retaining key staff.
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UHY Hacker Young update, issue 10

This issue features information about harmonising international financial reporting and our turnaround and recovery teams.
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UHY Hacker Young update, issue 9

This issue focuses on protecting against fraud and how businesses should cope in distress.
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UHY Hacker Young update, issue 8

This issue focuses on how to value your business and the advantages of business planning.
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UHY Hacker Young update, issue 7

This issue features advice on growing your wealth looking at specific regions.
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UHY Hacker Young update, issue 6

This issue looks at business structure choices and the advantages of having a business plan.
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UHY Hacker Young update, issue 5

This issue features information on company pensions and recently reformed employment law.
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UHY Hacker Young update, issue 4

This issue focuses on data protection and includes financial reporting news.
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Latest news

Boutique spirits follow craft beer revolution with trebling in number of new distillers

The number of applications for distiller’s licences has trebled in a year as entrepreneurs rush to replicate the craft beer revolution.
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Parents investing just 25% of children's ISAs in shares - but will the cautious approach pay off?

Just a quarter of the money saved in junior ISAs is invested in shares, suggesting that parents of young savers are taking a cautious approach, which could risk underperforming in terms of long-term returns.
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London creating 20 times as many businesses per head as the rest of the UK

Colin Jones, partner, explains our research that shows London outdoes the rest of the UK’s top 150 towns and cities for business generation, creating 20 times more additional new businesses* per capita than the rest of the UK.
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HMRC child benefit letters causing widespread confusion

HMRC has caused widespread confusion with an indiscriminate mail-shot to higher rate taxpayers receiving child benefit which suggests that they may owe additional tax, however, HMRC appears to have sent taxpayers these letters without checking whether or not the charge had already been paid by their partner.
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UHY Hacker Young appoints new Audit Partner from Grant Thornton

Subarna Banerjee, formerly Audit Director at Grant Thornton UK LLP, is joining our London office as an audit partner and will Chair our charity and not-for-profit group.
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HMRC tighten up disclosure rules

HMRC have announced a number of changes to the Liechtenstein Disclosure Facility to limit the benefits for those that HMRC sees as abusing the arrangement.
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Bank lending in the UK is still stalling, down 2.2% in real terms last year - and far behind G7 average

In our recent study we have found that bank lending to the private sector in the UK is still lagging far behind the G7 average, despite all the Government’s efforts to boost the availability of credit.
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28 out of Top 30 highest income tax areas are 'Stockbroker Belt' towns

Our research shows this is due to the shift of the tax burden onto higher earners, who have been hit by an increase in the upper rate of tax, which now sits at 45p.
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Money raised in IPOs on AIM triples - highest sum in six years

The Alternative Investment Market has delivered its biggest year for IPOs since 2007/8.
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Latest publications

SRA Board retain accountant's report

The SRA Board retained the requirement of law firms to commission an accountant's report following the negative feedback obtained in the recent consultation on proposed changes to their reporting accounting requirements.
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Taxflash: Mileage rates - September 2014

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HMRC regularly publish approved ‘fuel only’ rates which have, again, changed.
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VATflash September 2014

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If your business is involved in the area of digital downloads, or electronically supplied services to give it its more accurate label, you will need to prepare for the new VAT rules coming into force on 1 January 2015 across the EU.
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2014 Academies Financial Handbook

Download our summary and comments on the newly released 2014 Academies Financial Handbook.
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Doing business in the UK

A detailed report providing key issues and information for investors considering a business operation in the UK.
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Experience with stock market clients

Our Capital Markets specialists have significant experience advising and supporting fully listed, AIM and ISDX clients. This document provides a list of stock market clients as at August 2014.
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Academy schools update: August 2014

Download our most recent academy schools update which concentrates on the risks involved with academy governance, the academies Risk Protection Arrangement, your impending auto enrolment staging date, the recent EFA investigations into academies and handy tips for the lead up to your audit.
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Taxflash: Users of tax schemes face large tax bills this Summer

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Our dedicated tax investigations team can provide impartial and practical advice in how to deal with the very real consequences of participating in a tax scheme.
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UK tax guide 2014/15

Download our guide for practical tax tips to guide you through the tax system and help you plan to minimise your liability.
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