On 3 September, in one of its first significant forays into the world of taxation so far, the new Labour government announced ...

If you fail to plan, you are planning to fail”. The well-known quote is attributed to Benjamin Franklin (1706-1790), renowned ...

The term “Britishcore” [1] is inexplicably riding high on the hog, flagging some of the more mundane and ramshackle aspects ...

I am trying to work out the double entry for a buyback of shares & subsequent cancellation of the shares but keep getting myself confused with the capital redemption reserve if anyone can help? As an ...

The accounting field is currently facing a notable shortage of qualified professionals, especially in the United States, ...

The Gift Aid scheme, a beneficial initiative introduced by the UK Government, serves as a win-win for charities and UK ...

As reported by Ian Holloway in July 2023 [1], “administrative discrepancies” caused tens of thousands of eligible taxpayers to miss out ...

Hi I have a client who is a 19 year-old lad who is buying branded clothing through Ali Baba and having them shipped in. He has no idea how his contact ...

House owned as tenants in common by husband and wife A (25% each), and husband and wife B (25% each). Husbands A and B are brothers.

I am in the process of preparing some accounts for a new client (UK LTD).  Sole Director outside the UK, all work performed outside the UK.

Currently HMRC’s main use of AI is believed to be in compliance risk, for example in VAT fraud, by detecting patterns of VAT ...

I am preparing a consolidated set of accounts for a new group, the parent company has been bolted on top owning 100% share capital, following a restructure ...