More recent posts
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Airbnb hosts targeted by HMRC tax investigation
HM Revenue & Customs (HMRC) is investigating Airbnb hosts who may not have declared all of their income. The investigation follows HMRC’s receipt of six years’ worth of…
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Begin your Audit Adventure with Magma
If you are interested in a career in audit and are excited about working with successful privately-owned businesses from a broad range of industries, then Magma is the…
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SEIS and EIS see record investment in first quarter of 2023
Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) have been particularly popular with tax-break seeking investors of late, with £2.8 billion invested through the schemes in…
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Is payroll giving you a headache?
Payroll is a complex and time-consuming process, but getting it right is also vital. For ambitious businesses, managing payroll in-house can be an unnecessary distraction. Outsourcing payroll to…
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Audit & Assurance – under the spotlight
You’ve been getting to know our people, so now it’s time to know our services! Audit & Assurance – what we do Basically, we get under the financial…
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Capital gains tax receipts reach new heights
Recent figures released by HMRC have revealed that the government has collected a whopping £18.1bn in capital gains tax in 2022/23, marking a £7bn increase compared to the…
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More record figures for inheritance tax receipts
The UK government’s inheritance tax intake has increased by a staggering £1bn over the last year, according to new figures from HM Revenue and Customs (HMRC). The rise…
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Capital gains tax rules for separating spouses relaxed
From 6 April 2023, some of the capital gains tax (CGT) advantages of being married have been extended to last for longer post-separation. Separating spouses or civil…
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HMRC tightening its grip: additional reporting requirements for R&D tax relief claims
HM Revenue and Customs (HMRC) has announced that R&D claims submitted on or after 1 August 2023 will require more supporting information through an additional online form. This…