24 May 2013
Universal Credit: People get ready!
The introduction of the Universal Credit and the so-called ‘bedroom tax’ has potential implications for cash flow, bank lending agreements and general risk management.
24 May 2013
The patent box
An update on the regime to allow companies to benefit from reduced tax on profits attributable to patented processes.
23 May 2013
The taxation of partnerships: HMRC consultation document
HMRC has issued a consultation document on proposed changes to the rules for the taxation of partnerships, as promised in the March 2013 Budget.
23 May 2013
‘Trail commission’ received by offshore investors from UK intermediaries
HMRC recently revised its view on the treatment of ‘trail commission’.
22 May 2013
Offshore disclosure facilities: Isle of Man, Jersey and Guernsey
The window is now open for those with undeclared UK tax liabilities to make full disclosure following agreements signed between the government and the three Crown dependencies in early 2013.
22 May 2013
First-year allowances for environmentally beneficial expenditure on ships
A summary of the FYAs and the questions companies buying ships should consider.
22 May 2013
UK GAAP - the new reporting framework
Our latest factsheet details the overhaul of UK GAAP with the publication of FRS 102 in March.
21 May 2013
Manage cash, control costs
The mining sector is currently facing a number of key risks that threaten operational effectiveness. Find out the top five risks we have identified.
14 May 2013
Inheritance tax developments
What are the changes and how do they impact tax planning structures?
1 May 2013
'Hot-tubbing' now in effect – have you considered the key points?
Expert witnesses from like disciplines can give their evidence concurrently.
1 May 2013
PRA and FCA: Threshold Conditions
Latest guidance on the revised threshold conditions for insurance firms.
30 April 2013
Insurance regulatory eBulletin: April 2013
Our latest round-up of regulatory news from our insurance team.
29 April 2013
P11D common mistakes
As charitable companies prepare their P11Ds for submission by 6 July, we highlight the common mistakes to watch out for.
29 April 2013
VAT inspections - be prepared!
With VAT inspections on the increase, here are our top ten tips to help yours go smoothly.
29 April 2013
Investment in plant and machinery offers 100% tax relief
The Annual Investment Allowance provides a significant incentive for investment by businesses in plant and machinery, particularly valuable for owner-managed businesses.
29 April 2013
New disclosures on the way for mining companies
Business operating in the extractive industries face additional disclosure requirements under new European regulations.
26 April 2013
Shipping should explore leasing solutions
Shipping still has something to learn from the aviation industry in this respect to leasing opportunities.
25 April 2013
New Chairman at Moore Stephens South
Moore Stephens South has appointed Robert Newman as their new Chairman.
22 April 2013
Employers'Liability Registers - have you met the requirements?
An update on this evolving area of insurance regulation, now part of the FCA handbook.
22 April 2013
IT security – how confident are you in yours?
Our IT security checklist will raise key areas to be addressed to ensure that data your company holds becomes – and remains – secure.
22 April 2013
New FCA regulatory reporting addresses and contact details
With the FSA no longer existing, it is important to be aware of the new contact details for the FCA and PRA.
19 April 2013
FATCA – final regulations
Do you have clients who are US citizens or residents? If so you should be aware of the final FATCA regulations.
18 April 2013
EU flagging rules update
The treasury have announced that financial year 2013 will not be excepted from the UK tonnage tax EU flagging rules.
16 April 2013
Lloyd’s Minimum Underwriting Standards
Boards of Lloyd’s managing agents are responsible for meeting the Lloyd’s Underwriting Principles and Minimum Standards. Our latest factsheet raises the key questions for consideration.
11 April 2013
Tax changes in Scotland
News around the progress towards implementing the Scottish rate of income tax.
5 April 2013
Forensic accounting paving the way at CPA
As the country gears up for High Speed 2, Charles Lazarevic will be speaking at the next Compulsory Purchase Association’s (CPA) briefing on 18 April in Birmingham.
5 April 2013
New UK statutory residence test does away with grey areas
The UK is introducing the statutory residence test with effect from 6 April 2013.
5 April 2013
Financial services firms face commercial and reputational risk
Our recent survey shows that firms may not have fully taken on board the significant changes of the new regulatory regime.
4 April 2013
HMRC system down
If you have a VAT return for period ended February 2013 with a due date of 7 April 2013 you will need to submit the return on either Saturday or Sunday.
28 March 2013
Insurance regulatory eBulletin: March 2013
Our latest round-up of regulatory news from our insurance team.
28 March 2013
The 2013 Finance Bill
The government has today published the 2013 Finance Bill with explanatory notes - over 1,000 page in total.
27 March 2013
RDR reporting requirements
Firms subject to RDR, should be aware that the FSA have introduced changes to the firms'regulatory reporting requirements.
22 March 2013
Aviation tax changes have landed
Operators of private jets and other smaller aircraft may become liable to Air Passenger Duty from 1 April 2013.
22 March 2013
Legal cutover for insurance firms
What action should insurance firms be taking to remain compliant under the new regulators?
21 March 2013
Inheritance tax: restriction on deductibility for debts
The 2013 Budget included proposals to restrict the availability of deduction of debts.
21 March 2013
Taxation of LLP members
The 2013 Budget announced a consultation on the taxation of LLP members.
21 March 2013
Budget 2013 is generally good news for shipping sector
Measures which will have an impact on the shipping industry include corporation tax, capital gains and more.
20 March 2013
Budget 2013 - overview
Chancellor George Osborne stayed true to the government’s belief that economic recovery lies with the private rather than public sector.
20 March 2013
Budget 2013 – video commentary
Norma Chisholm comments on the key points from the Chancellor's announcements earlier today.
20 March 2013
Budget 2013 – as it happened
Read the key headlines from the Budget 2013.
19 March 2013
Offshore employment intermediaries
The government announces its intention to strengthen existing legislation aimed at tax avoidance by offshore employment intermediaries.
18 March 2013
Confiscation following criminal activity
A recent confiscation case where the parties were unable to agree on a settlement and the matter proceeded to a full hearing.
15 March 2013
What is hiding in the Chancellor's Budget box?
...and does he have a plan B?
14 March 2013
Categorising firms under FCA and PRA
In the coming days, the FCA and the PRA will start issuing communications to all firms detailing their new categorisation according to the potential impact they might have on the regulator’s objectives.
14 March 2013
Budget 2013 – predictions
Jacquelyn Kimber talks about the political sensitivity around this year's Budget, and says there are two important tax questions the Chancellor will have to consider.
12 March 2013
Cementing our public sector leadership
We have been appointed to six lots within the government's new ConsultancyONE framework.
12 March 2013
HMRC opens 'Property Sales' campaign
A campaign has been launched which is aimed at UK tax resident individuals who have undeclared capital gains on property disposals.
8 March 2013
European Court delivers blow to VAT reclaim hopes
Hopes for successful VAT reclaims in relation to pension fund management have been dashed – but the debate is not quite over yet.
8 March 2013
Think positive: raise finance
Though recovery in the UK economy may be slow, owner-managers still need to raise finance to realise their business potential.
8 March 2013
Act now, reduce tax
We list our top ten tax-saving tips.
8 March 2013
The 2013 Budget – what would you do?
We consider the possibilities open to the Chancellor on Budget day.
7 March 2013
Controlling expert witness costs
The recently-published Jackson reforms are the most radical changes to civil litigation since the introduction of the Civil Procedure Rules in April 1999.
6 March 2013
Shipping interests among those affected by draft UK residential property tax changes
Overseas companies with shipping interests will be among those affected by the proposed UK residential property tax changes.
5 March 2013
Creative industry tax reliefs
Information on creative industry tax credits for animations, 'high-end' television programmes and video games.
5 March 2013
Cap on unlimited tax reliefs
Draft legislation outlining the latest proposals for the introduction of a cap on otherwise 'uncapped' tax reliefs.
4 March 2013
Are you sleeping as soundly as your guests?
The key questions hotel owners and managers should be asking themselves.
28 February 2013
Insurance regulatory eBulletin: February 2013
Our latest round-up of regulatory news from our insurance team.
27 February 2013
What is forensic accounting?
Coverage of a recent case that brought into question the reviewing and analysis of non-numerical information in forensic accounting.
27 February 2013
New company car fuel rates
HMRC has published new ‘advisory fuel rates’ (AFR) for company cars, which apply to journeys from 1 March 2013.
25 February 2013
Tax-efficient investment in the UK for non-doms
Are you a non-dom looking to invest in the UK?
22 February 2013
Tax charges on high-value residential property
An update on the latest version of draft legislation regarding the taxation of UK residential property with a value of £2 million or more.
20 February 2013
HMRC announces tax deal with Isle of Man and disclosure facility
A new opportunity for individuals and companies to settle unpaid UK tax liabilities.
19 February 2013
PAYE Settlement Agreements
Deadline looming as PSA applications need be sent to HMRC before 6 July.
18 February 2013
UK GAAP – The new reporting framework
The Financial Reporting Council is due to finalise its overhaul of UK GAAP shortly. Are you prepared?
18 February 2013
Statutory test for tax residence
An update on the introduction of a statutory definition of tax residence for individuals.
18 February 2013
New rules relating to high-value residential property apply to UK group companies
New capital gains tax rules apply to UK companies within groups from 6 April. Have you prepared?
18 February 2013
Furnished holiday lettings
An update on furnished holidays lettings and its advantages.
12 February 2013
Will shipowners come under more pressure following Amazon and Google?
Google, Amazon and Starbucks have come under pressure over the levels of tax paid in the UK. What does this mean for shipowners?
11 February 2013
Dear CEO letters to asset managers
Firms that received a hard copy letter from the FSA must attest by 28 February 2013 that conflicts are managed effectively.
6 February 2013
Get set for carbon reporting
Mandatory carbon reporting is being introduced by the government in 2013 — are you prepared?
6 February 2013
The Annual Investment Allowance
The Annual Investment Allowance (AIA) provides 100% relief up to a fixed annual limit for most expenditure on plant and machinery.
5 February 2013
RTI: the countdown begins...
Time is running out for businesses that still need to prepare for the introduction of Real Time Information (RTI).
31 January 2013
Taxes on high-value residential property
The government has issued further details of its proposal for the taxation of UK residential property with a value of £2 million or more.
30 January 2013
Enterprise Investment Scheme
New information on tax efficient investment via the Enterprise Investment Scheme (EIS).
29 January 2013
Business confidence among UK credit managers hits new peak
Confidence levels among credit managers representing a cross-section of UK industry rose over the three months ending December 2012 to their highest level since 2008.
24 January 2013
2013: opportunities and pitfalls for tech firms
Technology companies have the potential to make 2013 a tax friendly year, here are some of the opportunities.
24 January 2013
Is your hotel accommodation used for catering?
Hotels supplying function rooms should review their VAT procedures following a change of HMRC policy.
23 January 2013
Mining the benefits of effective risk management
How can mining companies manage their risks?
21 January 2013
Furnished holiday lettings
We highlight the tax advantages of furnished holiday lettings (FHL) for individuals.
21 January 2013
AIFMD - progress with implementation
The FSA has recently published a consultation paper (CP12/32) on the implementation of the AIFMD into UK law which must take place by 22 July 2013.
18 January 2013
New draft legislation for the 2013 Finance Bill
Coverage of new material from the goverment's draft legislation for the 2013 Finance Bill.
14 January 2013
Good news for UK VAT groups
The EU Commission is taking proceedings against a number of EU Member States concerning the way in which the VAT group registration rules have been interpreted.
11 January 2013
HMRC to launch 'VAT Outstanding Returns'campaign
The campaign will be launched on 28 February 2013 and HMRC will be looking closely at the VAT affairs of businesses with one or more outstanding VAT returns.
9 January 2013
Tax avoidance schemes – settlement opportunity
New HMRC initiative aimed at resolving enquires into tax planning arrangements.
7 January 2013
Bank will take a firmer grip on shipping in 2013 while vessel values fall
Banks will exert more control over the shipping industry in 2013. Vessel values are expected to fall further, and the cost of regulatory compliance to increase.
31 December 2012
RDR comes into effect
The Retail Distribution Review comes into effect on 1 January and applies to all advisors in the retail investment market. Our checklist helps you determine if you are compliant.
21 December 2012
New year, new budget
Are you confident that your next year’s budgets & forecasts provide the insights you need?
21 December 2012
FSA propose to reform CASS rules to protect client assets
The FSA released a Policy Statement (PS12/23) setting out certain rule changes relevant to what was proposed in Part I of the Consultation Paper CP12/22.
20 December 2012
Rental property – allowable deductions
Guidance for Landlords and property businesses on the expenses for which deductions are available.
20 December 2012
Shipping confidence on the up as scrapping increases
Shipping confidence levels recovered slightly from their lowest level for over four years in the three months ended November 2012.
18 December 2012
No VAT on 'no shows'
Hotel room cancellation charges are normally outside the scope of VAT and you can make a claim for amounts overpaid for the previous four years.
14 December 2012
Changes to the R&D relief rules
The government recently published draft legislation giving an ‘above the line’ (ATL) tax credit for research and development (R&D) expenditure.
14 December 2012
Missed opportunity to correct CGT exchange rate distortions on ships
UK Finance Bill 2013 has failed to remove exchange rate distortions from the calculation of capital gains on ships.
14 December 2012
Maximising your Time To Pay potential
The level of successful applications has reduced significantly over the last two years.
13 December 2012
Keep calm and file your tax return
The 31 January 2013 deadline is fast approaching.
11 December 2012
The 2013 Finance Bill - draft legislation
The government has today published draft legislation to be included in the 2013 Finance Bill.
11 December 2012
Capital allowances on ships
Up-to-date guidance on capital allowances for ships, to give a more advantageous tax treatment.
6 December 2012
Coffee shops, websites and tax
The taxation of multi-nationals and creating a level playing field for UK businesses.
6 December 2012
Autumn Statement – what next?
What are the legislative provisions due to be published on 11 December?
6 December 2012
HMRC closing in on tax evasion
Following the Autumn Statement, we highlight HMRC's plans to prevent tax evasion for the forthcoming year.
6 December 2012
Corporation tax avoidance schemes
We look at the proposals and who will be affected by the legislation to counter some tax avoidance schemes.
6 December 2012
All change again on pensions
Following the Autumn Statement, we look at the three main changes applying to pensions.
6 December 2012
VAT registration alert
Substantial change to the UK VAT rules.
5 December 2012
A 'tax neutral' Autumn Statement
Tax took centre stage against a backdrop of controversy.
5 December 2012
Autumn Statement 2012
Bookmark this page to see the latest headlines as they happen.
4 December 2012
RDR Requirements: advisor charging
Read our top six considerations to ensure you are prepared.
4 December 2012
Have fun, but do your sums
Don't let the tax rules on staff entertaining catch you out this festive season.
4 December 2012
Employee expenses and working from home
It is not always clear whether tax relief can be claimed, so we provide you with the facts.
3 December 2012
Autumn Statement latest
Updating you ahead of the Autumn Statement on Wednesday 5 December.
30 November 2012
How will the FSA changes to the client assets regime affect your company?
Following the recent consultation on proposed amendments to the client money and assets regime, the FSA published a Policy Statement (PS12/20) on 1 November to confirm the final rule changes.
29 November 2012
The Autumn Statement – what can we expect?
A forward look at business and personal tax matters arising from the Chancellor’s speech and draft Finance Bill legislation, both due in December.
29 November 2012
New company car fuel rates
HMRC has published new ‘advisory fuel rates’ (AFR) for company cars, which apply to journeys from 1 December 2012.
28 November 2012
Latest SME finance review
A dull market for SMEs but exports are a ray of light.
27 November 2012
Partner makes top 50 most influential people 2013
The Private Client Practitioner names Clive Dixon as one of the top 50 most influential private client advisors of 2013.
27 November 2012
Warning on VAT registration threshold changes
The changes to VAT rules could have significant implications for the shipping industry, does this apply to you?
23 November 2012
UK/Swiss tax agreement - deadline looming
The agreement is expected to come into force from 1 January 2013. Will it affect you?
19 November 2012
HMRC is coming – are you ready?
The Business Records Checks programme has been resumed and re-launched.
16 November 2012
Countdown to RTI: are you ready?
RTI affects every employer, have you had your letter yet?
14 November 2012
New associate heads up Tax Investigations & Disputes team
Dominic Arnold joins team to further strengthen tax investigations and disputes offering.
13 November 2012
HMRC to target individuals with undeclared income
The central campaign message is "you need to declare it before we catch you."
12 November 2012
Penalties for late submission of PAYE form P35 – tribunal decision
Details of the judgment in the case of HMRC v Hok Ltd, concerning penalties imposed by HMRC on a company for the late submission of its year-end PAYE form P35.
12 November 2012
The General Anti-Abuse Rule (GAAR) - latest developments
HMRC will not be represented on either the interim group or the advisory panel.
9 November 2012
Gift Aid explained
With ‘Children in Need’ taking place next Friday, now is a good time to be reminded of how Gift Aid can increase the value of your donations to charity.
9 November 2012
Child benefit - the new tax charge
New income tax charge for couples in receipt of child benefit where the taxable income of at least one partner is more than £50,000 per tax year.
9 November 2012
Striking off companies - update
Are considering applying for a company to be struck off rather than formally liquidated?
6 November 2012
Banks apply the squeeze
We look at how banks have been affected by the tough economy and the impact this has on banking covenants for businesses.
1 November 2012
Location, location, location
Choice of jurisdiction is a fundamental and increasingly complicated decision for family offices.
31 October 2012
Hotels' tax and NIC obligations on tips
As the festive season approaches, we look at the tax issues surrounding tips, gratuities and service charges.
30 October 2012
Whither the UK tax regime?
We cover the government's objectives emerging from the UK tax regime, including the simplification of the system and the pursuit of fairness.
29 October 2012
Vessel operating costs expected to rise over the next two years
Our survey of key players in the international shipping industry reveals an expected rise of 3% in both 2012 and 2013.
26 October 2012
Guidance on proportionality for remuneration
The FSA issue new guidance on proportionality which affects the way firms in scope apply relevant rules. Is this you?
26 October 2012
Do you have a property worth more than £2 million?
Tax and other charges on UK residential property held through non-UK structures is taking affect from 6 April 2013 – are you prepared?
25 October 2012
What is self-storage?
A closer look at the government’s recent VAT changes, which could have more wide-ranging consequences than expected.
24 October 2012
The Finance Act 2012 introduces the Cultural Gifts Scheme
UK government hoping to boost UK heritage by making giving a more financially attractive option for owners of pre-eminent works of art.
23 October 2012
Credit manager confidence falls to lowest level for three years
Read the results of our latest credit management survey, which gauges business confidence levels among credit managers.
22 October 2012
Group benefits?
The VAT cost sharing exemption could offer substantial benefits to businesses with VAT-exempt activities.
22 October 2012
Moore Stephens boosts China services
Marty Lau joins as a partner.
19 October 2012
Staff member helps create new world record
Tony Rawlins and his son David have created a new Guinness world record and helped to raise £100,000 for the charity Aerobility.
17 October 2012
Reporting by offshore US taxpayers
The US Hiring Incentives to Restore Employment Act 2010 introduces the Foreign Account Tax Compliance provisions.
16 October 2012
Considering the VAT implication of the FSA's Retail Distribution Review
The move from commission payments to fee-based charging will result in VAT being chargeable after post-RDR.
15 October 2012
Charity golf day adds to funds raised
Total funds raised for Charity of the Year, Brain Tumour UK, exceed £40,000 after successful charity golf day.
15 October 2012
Are you a company director?
If so, you could save as much as 50% on the cost of your personal life assurance.
9 October 2012
New employee-owner contract offers workers tax-free shares
Employees could be offered capital gains tax-free shares in their employer’s company in exchange for surrendering some of their UK employment rights.
9 October 2012
Doing your homework
When employees are required to work at home, tax relief is available for expenses incurred as a result.
8 October 2012
UK introduces new VAT registration requirements for overseas businesses
Overseas businesses which sell goods and/or services in the UK will be required to register and account for UK VAT from 1 December 2012.
5 October 2012
A cap on income tax reliefs
Moore Stephens LLP have issued a response to HMRC consultation document proposing to cap tax relief available to individuals from 6 April 2013.
5 October 2012
Avoid a penalty for a late 2011/12 tax return
The 31 October deadline for 2011/12 paper tax returns is fast approaching, don't miss it.
4 October 2012
New VAT exemption offers savings
Businesses can make exempt supplies to reduce their irrecoverable VAT costs.
4 October 2012
Licence to thrill in aid of charity
The Salisbury-based office has been specially chosen by Sony Pictures to host the Regional Charity Gala Screening of 'Skyfall' a day ahead of its general release.
4 October 2012
Guildford Book Festival sponsorship
The Guildford team of Moore Stephens are proud to be co-hosting the Guildford Book Festival launch reception on 17 October.
4 October 2012
UK introduces new VAT registration requirements for overseas businesses
Overseas businesses which sell goods and/or services in the UK will be required to register and account for UK VAT from 1 December 2012.
2 October 2012
FSA client money rule changes will cause problems for intermediaries
The recent consultation paper seeks intermediaries' views on proposed changes to the client assets (CASS) rules.
1 October 2012
Capital gains exchange rate distortions on ships
Moore Stephens urges UK government to remove exchange rate distortions on capital gains on ships.
28 September 2012
Business property relief and furnished holiday lettings
Update on furnished holiday lettings (FHL).
27 September 2012
HMRC crackdown on wealthy taxpayers with overseas property
The 'Affluent Unit' is to be expanded to 'identify areas where wealthy individuals are avoiding or evading taxes'.
26 September 2012
Crew costs the main factor as operating costs rise again
Moore Stephens launches OpCost 2012, our unique benchmarking survey on ship operating costs.
21 September 2012
Senior Accounting Officer (SAO) requirements
Important information around SAO requirements.
19 September 2012
Effective corporate governance: where are we now?
How should your firm be dealing with greater expectations from the regulator and preparing for future changes?
17 September 2012
Shipping confidence falls to four-year low
Overall confidence levels in the shipping industry fell in the three months ended August 2012 to their lowest level for a year.
17 September 2012
RTI: How will it affect you and your employees?
Concerns have been raised about a general lack of awareness among employers about RTI and its implications.
11 September 2012
Investment managers could lose VAT partial exemption on execution services
VAT treatment could be set to change following the ECJ ruling.
11 September 2012
New associate strengthens tax offering to owner-managed businesses
Norma Chisholm joins the Moore Stephens London Business Tax team.
10 September 2012
A General Anti-Abuse Rule (GAAR)
Moore Stephens LLP have issued a response to the HMRC consultation document of 12 June 2012, ‘A General Anti-Abuse Rule’.
6 September 2012
Don't miss the Companies House filing deadline
Failure to file financial statements on time can result in criminal proceedings being considered.
6 September 2012
Pool cars - are you meeting the conditions?
If you are unsure as to whether the cars you own or the car you use is classed as a pool car, read our guidance to ensure you are correctly accounting for any benefit in kind.
5 September 2012
New partner joins corporate finance team
Robert Kidson joins Moore Stephens London as a partner.
4 September 2012
Ensuring the fair taxation of residential property transactions
Moore Stephens have issued a response to the HM Treasury and HMRC document 'Ensuring the fair taxation of residential property transactions'.
29 August 2012
New company car fuel rates
HMRC has published new ‘advisory fuel rates’ (AFR) for company cars, which apply to journeys from 1 September 2012.
23 August 2012
Two nominations for our National Creditor Services team
Brendan Clarkson has been nominated for two awards in this year's Insolvency & Rescue Awards.
23 August 2012
Deferral of benefits for top rate taxpayers
Deferring bonuses and dividends so that they fall taxable after 6 April 2013 could be worth considering.
23 August 2012
Academies Accounts Direction 2011/12
The direction has been updated to clarify some common areas where academies are making mistakes.
21 August 2012
Reporting by offshore US taxpayers (FATCA)
Information around a new witholding and reporting tax regime introudced by the US government.
20 August 2012
Moore Stephens to create calendar of drawings by Honeypot children
Budding young artists at The Honeypot Children's Charity take part in an art competition to create a calendar.
16 August 2012
Seed Enterprise Investment Scheme
A look at the qualifying investment conditions which must be met to take advantage of the tax reliefs for investors in smaller, early stage companies.
16 August 2012
Deferral of dividends and bonuses worth considering
The reduction in the top rate income tax from 50% to 45% could make it worth deferring bonuses and dividends until after 6 April 2013.
15 August 2012
New partner joins the Enfield office
Francis Corbishley joins the Enfield office as a partner.
14 August 2012
AIFMD and remuneration policies
Do you need to update your remuneration policy to comply with the provisions of the AIFMD?
14 August 2012
Don't miss the opportunity for 50% tax relief on pension contributions
Before the highest rate of income tax reduces to 45%, obtian tax relief on contributions at the current 50% rate.
13 August 2012
Staff member honoured for 48 years' service
Long service award presented by the Mayor of Bath to Heather Simmons.
8 August 2012
Non-doms: relief for investment in the UK
Information for non-UK domiciled taxpayers who bring funds to the UK on or after 6 April 2012.
8 August 2012
Countdown to the RDR: Permission Verification Notice
The FSA requires firms to either confirm that they are subject to the RDR requirements or explain why they consider that the relevant rules do not apply to them.
7 August 2012
Charities: points to consider when creating a trading subsidiary
Charities need to weigh up the pros and cons carefully, before deciding to set up a trading subsidiary.
31 July 2012
Brain Tumour UK: Moore Stephens' charity of the year
Since teaming up with charity Brain Tumour UK, so far £13,500 has been raised in the first six months.
31 July 2012
Increased pressure for incipient impairment
The SEC has put pressure on shipping companies to disclose details of where the market value of vessels is less than their carrying value.
30 July 2012
Global equities continue to be the preferred investment asset class
Moore Stephens' latest family offices survey also revealed an increased expectation that sterling would strengthen against the US dollar in third-quarter 2012.
27 July 2012
Do you have tax returns outstanding?
Important information and deadlines for taxpayers who have outstanding tax returns for 2009/10 or earlier years.
26 July 2012
EU e-Privacy Directive - next steps?
Moore Stephens revisited technology company sites to see how well they are complying with the recent EU e-Privacy Directive.
26 July 2012
Suitability: FSA says firms are still not getting it right
The FSA has announced they will be less sympathetic to firms not getting their suitability right.
24 July 2012
Conflicts of interest under the FSA spotlight
All 'common platform' firms are required to adhere to the rules concerning management of conflicts - a new hot topic for the FSA.
19 July 2012
Cap on income tax relief consultation
From 6 April 2013, the government intends to introduce a cap on otherwise ‘uncapped’ tax reliefs, limiting the amount that can be claimed by an individual.
17 July 2012
New security guidance from the ICO for small businesses
ICO produce guide to give small businesses practical advice in the area of IT security.
16 July 2012
Internal audit should play a wider role in governance reviews
Properly qualified, independent internal audit teams could have a big role to play in carrying out governance reviews for the FSA.
11 July 2012
Are your room rates shown as VAT inclusive?
By 17 September 2012, all hotels must ensure that their room rates are quoted inclusive of VAT on their websites and other marketing communications.
11 July 2012
Payment on account due 31 July
Important information and dates for individuals who submit tax returns to HMRC.
10 July 2012
Credit management survey report - July 2012
Business confidence among credit managers rose over the three months ending June 2012.
9 July 2012
UK tonnage tax - no strict EU flag link required for AHTS vessels
Good news for shipping companies affected by anchor handling tugs supply (AHTS).
6 July 2012
SMEs: Olympic optimism
Despite news headlines about banks' reluctance to lend, SMEs are generally successful in their finance applications. But some could still do more to improve their chances.
4 July 2012
Solvency II data audit remediation
How are you planning to address any gaps noted in your data audit report?
3 July 2012
A dynamic approach to risk management
Have you identified all the risks facing your business? How do you monitor risk management processions on an ongoing basis? The FSA is keen to know.
3 July 2012
HMRC defeat highlights RDR complexity
This case comes despite HMRC's attempts to allay concerns about the VAT treatment of fees charges by investment advisors.
2 July 2012
Phil Cowan returns to Moore Stephens
Corporate finance specialist Phil Cowan has returned to Moore Stephens as Head of Corporate Finance.
28 June 2012
Warning on internal model validation deadline
Key information for insurance firms ahead of their Solvency II implementation.
28 June 2012
All systems go for RTI
Read more on HMRC's first pilot for Real Time Information (RTI).
26 June 2012
The offshore penalty regime
HM Revenue and Customs are able to charge a taxpayer penalties for failure to comply with their obligations to fully disclose details of their income and gains.
26 June 2012
A statutory test for tax residence
Moore Stephens analyses the government's latest proposals for a statutory test of tax residence.
26 June 2012
Foreign Account Tax Compliance Act update
Firms should act now to ensure applications are ready to be processed ahead of legislation coming into force on 30 June 2013.
26 June 2012
Shipping confidence rises for fourth successive quarter
Overall confidence levels in the shipping industry increased in the three months ended May 2012, to reach their highest level since February 2011.
25 June 2012
Investing for children
Guidance on how family members can help children as they move into adulthood.
21 June 2012
VAT relief on listed buildings chiselled away
Proposed changes to the VAT rules for protected buildings could increase costs substantially for individuals and charitable organisations.
19 June 2012
Cookie survey shows lack of compliance
Moore Stephens IT assurance survey reveals that only 10% of technology companies are compliant of the directive and ICO guidance.
7 June 2012
Non-Resident Landlord Scheme: what are your obligations?
Important information for letting agents and tenants under the Non-Resident Landlord Scheme.
1 June 2012
New tax charges on residential property
Further detail on new tax charges where residential property in the UK is held by 'non-natural persons'.
30 May 2012
Maximising VAT efficiency for hotels
Important exceptions for hotel accommodation stays which exceeds a continuous period of 28 days.
30 May 2012
Facing the academy VAT challenge
Important information around the VAT challenges for academies.
29 May 2012
Changing UK residence status
Recent tribunal cases: Dr Paul Broome and Mr Rupert Kimber.
28 May 2012
VAT treatment of single purpose face value vouchers
Important changes to the VAT treatment of single purpose face value vouchers.
28 May 2012
iPads in the workplace: the issues
Robert Mackenzie discusses the issues of Ipads in the workplace.
22 May 2012
VAT planning for property
Property transactions can cause a VAT headache - but some simple actions can avoid any pain.
21 May 2012
EU Money Laundering Directive
Read the key points raised in the European Parliament report on the 3rd EU Money Laundering Directive.
18 May 2012
Controlled foreign companies: an update
Making you aware of the changes to the draft legislation on controlled foreign companies, prior to its inclusion in the Finance Bill.
17 May 2012
Spring clean your payroll in time for RTI
HMRC has launched its first pilot for Real Time Information - ensure you're prepared.
15 May 2012
EU cookie legislation compliance deadline nears
The new directive will affect all UK website owners.
14 May 2012
IR35 - services through intermediaries: HMRC tests
Further guidance on the rules dealing with the treatment of individuals who provide services to customers through an intermediary.
11 May 2012
Breaking the record for distance relay running
Moore Stephens employees take part in setting a world record, a 2,600 mile journey across the UK.
8 May 2012
Tax changes in Scotland
Income tax rates in Scotland may change as a result of the Scotland Act 2012, which received Royal Assent on 1 May.
4 May 2012
The cap on unlimited tax reliefs
Until the government releases it’s full consultation document in the summer, we provide an insight on the proposals.
3 May 2012
Data security alert
Avoid the significant fines by ensuring your data is safeguarded.
2 May 2012
Preparing your business for the Olympics
How to plan for the inevitable business impact
1 May 2012
Rent-a-room relief
Are you letting out your home during the Olympic Games? Be aware of the tax implications.
30 April 2012
Dry bulk sector outshines tanker market in Moore Stephens KPI analysis
The dry bulk sector significantly out-performed the tanker and container markets in a new survey by the Singapore office of international accountant and shipping adviser Moore Stephens.
30 April 2012
A change of heart on tonnage tax trap
The rules will now only apply where there is a change in ownership.
30 April 2012
Moore Stephens weclomes change of heart on tonnage tax trap
Moore Stephens has welcomed the UK government's decision to minimise the effects of new rules in Finance Bill 2012.
27 April 2012
Too young for age related personal allowances?
Is your birthday is after 5 April 1948? If so, you will no longer qualify for the higher value personal allowances.
27 April 2012
Amendments to UK-Switzerland tax co-operation agreement
An update on the amendments to the agreement, due to come into force on 1 January 2013.
27 April 2012
HMRC changes opinion on smartphones
Smartphones are no longer considered to fall outside the definition of mobile phones.
25 April 2012
Seed Enterprise Investment Scheme
The SEIS is focused on attracting investment in smaller, early stage companies.
20 April 2012
FSA guidance on financial promotions
Are you monitoring your firm’s ‘shop window’?
19 April 2012
Shipping not properly prepared for uncomfortable bank meetings
As meetings with banks are likely to increase in frequency, we assess if shipping companies are prepared.
19 April 2012
Governance issues in schools
We focus on key governance issues and how schools can overcome these in effective corporate governance.
19 April 2012
FSA launch risk awareness programme
As part of a three stage process, the FSA has begun the initial stage - business risk awareness workshops.
16 April 2012
Managing a professional practice out of the recession
Examining the changing economic landscape and what professional practices need to consider in order to respond.
11 April 2012
Will insurance firms survive RDR implementation?
Could the Retail Distribution Review have a negative effect on the industry?
5 April 2012
Partner appointments shatter 'glass ceiling'
Danielle Griffin appointed partner at Guildford office.
5 April 2012
Gary Oliver joins Insurance team
New partner joins Moore Stephens London.
4 April 2012
Introducing Rhiza Network
New software helping organisations optimise risk management activities and drive up resilience.
4 April 2012
Are you due to see a specialist for your insurance compliance health check?
An update on our insurance regulatory health check.
29 March 2012
New rules to FATCA into US disclosure requirement
How the Foreign Account Tax Compliance Act affects individuals and companies.
29 March 2012
Singapore attracts growing interest
With a strong judicial system, Singapore offers a modern financial and banking infrastructure.
28 March 2012
Gift aid rules for schools
Guidance published by HMRC aimed at schools owned or run by charities.
28 March 2012
Good housekeeping makes tax compliance clean and tidy
Tax compliance regimes are tightening in jurisdictions around the world.
28 March 2012
Budget 2012: UK tonnage tax trap
HMRC has significantly extended some anti-avoidance rules relating to leasing companies.
27 March 2012
Moore Stephens warns on new trap under UK tonnage tax
Moore Stephens has warned, that alongside some encouraging signs for shipping, the UK Budget 2012 also extends anti-avoidance legislation.
21 March 2012
Budget 2012: Overview
Our full commentary of the Chancellors speech.
21 March 2012
Budget 2012: The key headlines
Our uptake on the Chancellors speech.
21 March 2012
Pillar III: Remuneration requirement
Do not overlook the requirement for disclosure of remuneration information
16 March 2012
A new direction for compliance governance
Key questions to consider: structure, processes, controls and the behaviour of your people.
16 March 2012
Pension lifetime allowance - fixed protection deadline approaches
A further change to the pension regime will take effect from 6 April 2012.
15 March 2012
Budget 2012: possibles, probables & maybes
We alert you to some key tax changes that may be considered as policy options in the 2012 Budget.
9 March 2012
How healthy is your payroll?
When HMRC carries out their next employer compliance visit, is your business at risk of falling foul?
8 March 2012
Is your focus on financial crime?
We look at the FSAs expectations of systems and controls.
7 March 2012
Bringing forward expenditure
Take advantage of the Annual Innvestment Allowance for business expenditure.
6 March 2012
Taxation of small businesses
Overview of the report by the Office of Tax Simplification.
2 March 2012
Property investors seminar
Overview of our recent presentation with Druces LLP covering legal considerations, structure and stamp duty.
2 March 2012
New company car fuel rates
HMRC's latest 'advisory fuel rates' (AFR) for company cars from 1 March 2012.
1 March 2012
Flat-rate reimbursement of additional household expenses increases
HMRC announce £4 increase to come into effect 6 April 2012.
1 March 2012
HMRC publishes RDR guidance
Moore Stephens has been actively involved in the RDR consultation with HMRC.
1 March 2012
Capital allowances on fixtures
Could the latest rules on capital allowances benefit you?
29 February 2012
Increases to the cost of salary sacrifice schemes
Salary sacrifice schemes to increase due to changes from 1 January 2012.
24 February 2012
Penalties for tax returns submitted late
If you failed to file your tax return for 2010/11 electronically by the deadline of 31 January 2012, you may be faced with a £100 penalty.
23 February 2012
Business property relief - a solution to inheritance tax?
Attractive inheritance tax advantanges are available from BPR qualifying assets.
22 February 2012
Public benefit challenge for schools
How should fee-paying schools justify their charitable status?
20 February 2012
Moore Stephens boosts insurance internal audit team
Moore Stephens announces the recruitment of two leading practitioners, Gary Oliver and Gavin Davey.
17 February 2012
EU tonnage tax stability
Moore Stephens has called for stability for European tonnage tax regimes.
16 February 2012
End of tax year tips
What action do you need to take before the current tax year ends on 5 April 2012?
15 February 2012
Secret Hotels VAT case to be appealed
Potential VAT implications for hotels as a result of this case.
15 February 2012
Buy to let properties
What are the key tax considerations for buy to let landlords? Answers here.
13 February 2012
UK VAT registration - new requirement for overseas businesses
Important changes announced for overseas businesses selling goods or services in the UK.
3 February 2012
Controlled foreign companies (CFCs): More changes announced
The government has announced further changes to the CFC rules.
26 January 2012
Finance options in the mining sector seminar
Moore Stephens LLP presented on raising finance and provide finance to the mining sector.
26 January 2012
Intrastat update
Key info for businesses that buy or sell goods to or from other Member States of the EU.
25 January 2012
RDR VAT consultation nears final guidance
Serious concerns remain about the VAT impact of the new rules.
23 January 2012
UK business confidence dips as payment delays begin to escalate
Business confidence levels among credit managers dip to their lowest level.
18 January 2012
HR savvy
Whether taking on staff or handling their departure, ensuring a smooth process is key.
18 January 2012
IT companies & the 'patent box'
The government proposes a 10% reduced rate in corporation tax for profits derived from patent rights.
16 January 2012
Optimal outsourcing
The benefits of outsourcing: flexibility, peace of mind and cost savings.
16 January 2012
Penalties you don't want to score
Make sure you don’t make an unnecessary contribution by falling foul of stiffer penalties.
13 January 2012
Shipping faces serious challenges
Shipping is going to need a great deal of resilience to meet the challenges of the next twelve months.
12 January 2012
Key tax dates
Summary of the key tax dates over the next couple of months.
4 January 2012
New Year resolutions
10 business-related resolutions you should make in 2012.
4 January 2012
Business recovery in Southampton launched
Moore Stephens LLP launches business recovery and insolvency practice in Southampton.
For more information on any of these issues please contact your local Moore Stephens office.