Latest News & Events
Brand new taxes introduced since the recession hit taxpayers for £28 billion
The UK Government has taken an £27.9 billion from taxpayers since the credit crunch through the introduction of brand new taxes,* our research shows.
The eight brand new HMRC taxes and levies introduced since the credit crunch, such as the Sugar Tax and Diverted Profits Tax, added a quarter to the total number of taxes collected by HMRC. There are now 36 major taxes collected by HMRC.
Tax on employees’ perks soar by nearly 20% to £3.3bn
The value of tax that employees have had to pay on their job perks has soared by nearly 20% in the past year, up from £2.8bn in 2015/16 to £3.3bn in 2016/17, our research shows.
UHY Hacker Young appointed as Liquidator to JM Financial Consulting Ltd
We advise that Peter Kubik and Michael Kiely were appointed Joint Liquidators of JM Financial Consulting Ltd, a company that provided financial and IT advice on 28 June 2018 following meetings of the company’s members and creditors.
Vertu Motors acquisition of Hughes Group Holdings Limited
Our automotive team, led by Paul Daly, advised the management of Vertu Motors on the purchase of Hughes Group Holdings Limited.
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The death knell of IR35?
For as long as I can remember, the status of an individual for tax purposes is something that has been a hot topic, both for advisers in saving clients tax and NIC, and for HMRC in targeting such tax ‘avoidance’.
Tax on business sale – entrepreneurs relieved?
When Entrepreneur’s Relief was introduced in 2008 it was a simple relief with correspondingly simple legislation. Roll forward ten years and the relief has suffered from a decade of tinkering and loophole closing.