Practical Guides
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Practical guide: getting ready for the new VAT penalty system
Your business might have fallen foul of the VAT surcharge regime previously. It’s being replaced with a completely new penalty regime from January 2023. What will this mean for your business and what are the pitfalls to avoid?
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Practical guide: navigating the complicated 2022/23 NI landscape
Following the announcement that the 1.25% increase in National Insurance (NI) rates is due to be reversed, what are the rates now applying for 2022/23 and what do you need to do to accommodate the changes?
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Practical guide: what are the tax advantages of electric company vehicles?
Following recent hikes in petrol and diesel prices, you are considering whether now is the time to make the switch to electric company cars, as you understand there are tax benefits of doing so. What tax breaks are available?
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Practical guide: when should you leave a VAT scheme?
Brexit, the coronavirus pandemic, and the ongoing cost of living crisis are all factors that have affected trade. In some cases, you may have seen an increase in sales, or have taken on new types of customers. If you use one of the three main VAT schemes, it may no longer be appropriate. When and how should you leave?
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Practical guide: HMRC's current view on multiple completion buybacks
A purchase of own shares carried out with multiple completion stages is often a neat solution for a shareholder exit when cash flow is tight. But how could a recent change of view by HMRC affect the strategy?
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Practical guide: Planning ahead for corporation tax changes
It’s now less than twelve months until major reforms to the corporation tax (CT) regime take effect on 1 April 2023. Why do companies need to consider these now, and how can they prepare effectively?
Muir & Addy is a partnership registered to carry out audit work by the Institute of Chartered Accountants in Ireland (ICAI). Chartered Accountants Ireland is the operating name of ICAI.
Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 223287.