MHA Legal Benchmarking Report 2017

July 11, 2017
Download the MHA Legal Benchmarking Report 2017 In conjunction with our UK accountancy association, MHA, we are delighted to present a benchmarking review of UK legal practices, looking at results across 2016. The review, undertaken by the MHA Professional Practices Group, indicates that profitability is at its highest level in the last three…
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What is Video Games Tax Relief?

July 11, 2017
Video Games Tax Relief (VGTR) allows UK game developers to claim back 20% of their production costs. https://www.youtube.com/watch?v=SLkiWN0KX7U Video Games Tax Relief (VGTR) was introduced to promote the UK games industry.  Although many costs of the games were (and still are) eligible for R&D tax relief (such as increasingly realistic…
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How to get funding as a Game Developer

July 11, 2017
It is an exciting time if you are in the gaming industry and looking to raise finance for growth. Here we explore the options available at each stage of development from start-up through to an established business. Start-up funding Raising finance for a start-up is never easy and very often…
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12 Steps to Help You Prepare for GDPR

July 11, 2017
The EU General Data Protection Regulation (GDPR) will come into force across all members states (including the UK) on 25 May 2018. As the EU is the UK's largest trading zone the UK will still be expected to adopt the GDPR, or something very like it, regardless of the eventual…
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Residence Nil Rate Band – Inheritance Tax

April 6, 2017
With effect from 6 April 2017, the government brought in a new Inheritance Tax allowance that applies specifically to the main residence.  The Residence Nil Rate Band (RNRB) is in addition to an individual’s own nil rate band of £325,000, which has been frozen until 2020/2021. The new rules are…
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Payroll Year End Bulletin

March 17, 2017
PAYE There is a general uplift of all tax codes with ‘L’ suffix by 50, meaning an employee with a code of 1100L will have their tax code increased to 1150L. Tax Codes with suffix M uplift by 55 and suffix N by 45. The emergency tax code is 1150L.…
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Spring Budget Key Points

Spring Budget 2017 – Key Points

March 9, 2017
Download our full Spring Budget Summary Guide The Chancellor of the Exchequer, Philip Hammond, delivered his first Budget against a backdrop of a more-buoyant-than-expected UK economy post-Brexit and improved tax receipts. Set against these were concerns about funding the NHS and social care, and the impact on business from changes…
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10 reasons to pay into your pension before April

March 9, 2017
The new pensions freedoms have removed any lingering barriers to accessing funds and passing on unused funds on death. Therefore, pensions remain most tax way to save for retirement and we have put together 10 reasons to fund pensions before 5 April. 1. Tax relief at highest rates Successive Chancellors…
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