News and events
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Tips at work and how are they taxed?
From time to time, HMRC turns the compliance headlight on a particular business sector. This year, they are scrutinising restaurants and takeaways. In particular, staff tips at work are currently one high-risk area. There are various ways in which tips at work can be...
Beware of the latest HMRC caller scams
High-level HMRC scams, where criminals impersonate HMRC in order to steal from bank accounts or get access to sensitive personal financial information, has become increasingly common. The latest HMRC scam involves bogus callers using apparently genuine HMRC helpline...
IR35: Get ready for the off-payroll rules coming in April 2020
Are you paying your workers via personal service companies or agencies? You will need to operate new procedures from 6 April 2020 as HMRC bring in IR35 rules to the private sector. How does it affect employees? The new regime will affect you if you work via your own...
All aboard or all abroad?
Whether you have chosen to move to the UK and intend to stay or have decided to move out of the UK overseas, your residence and domicile status are critical in understanding your tax position.
Don’t forget there may be Tax to pay on your dividends in January
The rules for taxing dividends changed radically from 6 April 2016, for some taxpayers this means more tax to pay on dividends on 31 January each year. Have you got any tax to pay on your dividends?
Inheritance Tax Review: Possible implications for farmers, rural businesses and landed estates
We explore the key areas around Inheritance Tax for farmers, rural businesses and landed estates.
How to prepare your farming business for uncertain times ahead
We can help you to ensure that your farming business is as prepared as possible for the uncertain times ahead.
Do you know about Business Asset Rollover Relief?
Business Asset Rollover Relief allows you to delay your payment of Capital Gains Tax (CGT) if you dispose of business assets and use all or part of the proceeds to buy new business assets.
Ellacotts listed in Accountancy Age Top 100 2020
We are delighted to announce that we have risen 4 places to number 82 in the 2020 rankings of the Top 100 accountancy firms in the UK.
HMRC announce extension of savings tax relief for trusts and estates
Trusts and estates don’t need to submit returns or make payments where the only source of income is savings interest and the tax liability is below £100.
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