HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to July 2023, making this a record high.
Author Archives: Robb & Co Chartered Accountants in Sutton Coldfield
The role of cloud accounting in modern businesses
In today’s digital age, the way businesses manage their finances has seen a seismic shift, largely due to the introduction and growing popularity of cloud accounting.
Understanding tax obligations for charities
Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard businesses.
Everything you need to know about Government Start Up Loans
Starting your own business can seem daunting, especially when it comes to finding funding.
Research and Development Tax Relief Changes
The Government has recently updated some elements of the Research and Development (R&D) tax relief application process.
Adapting your business plan for the summer
With the summer holidays nearly here, small businesses, especially in the hospitality industry, face a distinct set of challenges. Continue reading
Preparing your business for a merger or acquisition
Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things.
Are you aware of the Government’s Marriage Allowance?
As of February 2023, HM Revenue & Customs (HMRC) estimated that over two million people are unaware of the Marriage Allowance tax relief which could save them up to £252 a year.
Understanding and navigating job expenses
Navigating job expenses can seem daunting at first glance. There are a plethora of rules and regulations that can leave employees feeling overwhelmed. Continue reading
The importance for businesses of avoiding tax fraud
HM Revenue & Customs (HMRC) recently announced that it plans to boost its use of Code of Practice 9 (COP9), a legal mechanism used to handle suspected tax fraud cases.