Keep up to date with the latest news and information from UHY Hacker Young Fitch in Belfast.
Smart apps to digitise your business
February 12, 2019
Fear not, there is a way to avoid the hassle of tax returns next January! We've looked into the best apps that will keep all your information in one place and help you prepare for MTD.
Pension Transfers and Inheritance Tax
January 28, 2019
The Court of Appeal has recently found in favour of a landmark case brought by HM Revenue & Customs (HMRC) that is likely to have a major effect on the way transfers of pensions are treated under inheritance tax rules.
Xerocon 2018 Review
January 21, 2019
Xerocon is the annual conference and live event from Xero, the leading cloud-based provider of accounting software. The conference is big. Very big. It’s also slick, fast-paced and full of content, information and innovation.
Helping you prosper: The Shalom principle
January 14, 2019
“Prosper” is one of those words which is difficult to define but we know it when we see it or experience it….Prosperity is certainly not just about economics.
Are you preparing for retirement?
December 14, 2018
As with any change, planning can help smooth the transition from the old to the new. There are many areas of pre-retirement to think about and to prepare both personally and financially.
Deliberate deprivation when funding long-term care
October 23, 2018
A recent case, decided on the 14th September 2018, is a useful reminder that when considering deliberate deprivation it is essential that the local authority look closely at the intentional aspect of deprivation and not just infer it from the proximity of the gift to the need for care.
What are the advantages of digital record keeping?
September 25, 2018
By using software to keep digital records, business owners can take advantage of the following benefits.
Pension Lifetime Allowance on death
September 24, 2018
In a recent retirement planning meeting we came to discuss how pensions valued over the lifetime allowance are charged, particularly where there are multiple beneficiaries and/ or a mixture of payment types being taken.
In memory of William (Willy) Hagin
September 3, 2018
On Tuesday 28 August 2018, William (Willy) Hagin unexpectedly passed away in his sleep. He had left our office in good form the previous Friday and had enjoyed the bank holiday Monday helping a local farmer with lambing, unfortunately not to return to us on Tuesday.
Making Tax Digital – Key questions about VAT submissions in a digital world
August 21, 2018
In July 2018, HMRC issued VAT Notice 700/22: Making Tax Digital (MTD) for VAT. This notice provides guidance on the requirements for VAT registered businesses with taxable turnover above the VAT registration threshold (currently £85,000) to keep records in digital form and file their VAT Returns using software.