Keep up to date with the latest news and information from UHY Torgersens in Sunderland, Newcastle and Jarrow.
August 15, 2019
In August’s Q&A we answer queries about CGT on a chattel, including a gross or net value in a rental income for VAT and mobile phones for business/personal use.
CGT – a major change due in April 2020
August 9, 2019
For those who are involved in disposing of a UK-based property, there is a change coming into effect that will have significant impact on any CGT payable.
Pension freedom reforms – essential update
August 1, 2019
Our blog this week has been written by James Robertson, Chartered Financial Planner with Active Financial Planners based in Stockton-on-Tees. James offers a very helpful update about pension freedom reforms.
Cloud Accounting from UHY Torgersens
July 24, 2019
HMRC’s new regulations for Making Tax Digital for VAT (MTDfV) came into effect on 1 April 2019, meaning that most VAT registered businesses with a quarter end of 30 June 2019 have either submitted their first compliant VAT return or are in the process of doing so.
Tax-efficient remuneration with pension contributions
July 19, 2019
Tax relief is generally available on pension contributions at the highest rate of income tax for which a taxpayer is liable
July 15, 2019
In this month’s Q & A we look at inheritance tax, charitable donations to schools and the tax implications on a loan from a company.
Moving into partnership – the practicalities
July 2, 2019
A partnership may be a simple trading vehicle enabling two or more people to own and run a business, but there are few practicalities worth considering before making the move.
Coping with the stress of managing a small business
June 18, 2019
Surveys bear out what we all suspected: being the owner of a small business, or working for one, is stressful. You need to be aware of the danger signs.
June 13, 2019
In this month’s Q&A we consider when the costs of staff social events are tax deductible, Stamp Duty Land Tax on a principal private residence and accounting year-end dates.