UK subsidiaries: Do you need an audit?

UK subsidiaries

Many UK subsidiaries of overseas ‘parent’ companies are unaware that they may be required to have an audit. This is concerning given that so many international organisations use UK subsidiaries. This could be to scale up their operations or to

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Digital Accountancy Show 2023: What did we learn?

Digital Accountancy Show 2023: What did we learn?

The Digital Accountancy Show 2023 took place on 15 June at Evolution, Battersea. We couldn’t miss the opportunity to network and learn about the latest advancements in accounting tech. Our GH Online Accounting division offers an outsourced bookkeeping and cloud

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Airbnb hosts face tax probe and penalties for undeclared income

Airbnb hosts face tax probe and penalties for undeclared income

HM Revenue & Customs (HMRC) are looking into the earnings of Airbnb hosts. Those not declaring their income correctly could face penalties and sanctions. This is part of routine activity to identify individuals not paying the correct amount of tax

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Small company filing options to be streamlined by Companies House

Small company filing options to be streamlined by Companies House

Since September 2022, the Economic Crime and Corporate Transparency Bill has been making its way through parliament. The Bill, among other things, sets out key changes to small company filing options. The intention is to make more financial information available

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VAT at 50: The evolution of a not so simple tax

VAT at 50: The evolution of a not so simple tax

Value Added Tax (VAT) turned 50 on 1 April 2023. However, many would argue that it still has some growing up to do! Whilst many of us will know something of the biscuit vs. cake debate, this doesn’t even scratch

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ATED revaluations due for 2023/24

ATED revaluations due for 2023/24

Companies taxed under the Annual Tax on Enveloped Dwellings (ATED) scheme are reminded that revaluations are required for 2023/24 returns. ATED annual charge ATED is an annual tax, payable mainly by companies (both UK-resident and non-UK resident) owning residential property

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Limited Company incorporation – is it worth it?

Limited Company incorporation – is it worth it?

Whether just starting out, or established sole trader, you may be wondering if limited company incorporation is right for you. The truth is, it depends on your circumstances and what you want to achieve with your business. In years previous,

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