Technical Updates

Technical updates

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technical updates

In-depth analysis of the issues facing our private clients, entrepreneurs and their businesses.

Filter Technical updates

19 November 2015

FRS 102 - The Tax Implications

The requirement to prepare accounts under FRS 102 may give rise to unexpected tax consequences. The move could result in one off adjustments to taxable profits and also have an impact going forward.   
Accounting Business taxes Technical updates
06 September 2015

UK Tax Data Card 2015/16

Please download the pdf to view the UK Tax Data Card 2015/16.
Tax data card Technical updates
24 July 2015

VAT Update Quarter 2 2015

A PARTNERSHIP V HMRC FTT: TC04358  This case is a useful reminder that the recovery of input VAT is driven by underlying contractual arrangements.  The partners were in dispute and took advice separately, from different firms of solicitors, regarding issues concerning an outgoing partner. The solicitors duly invoiced various partners and groups of partners…
VAT Technical updates
23 July 2015

Cross-Border VAT Changes from 1 January 2015

Fundamental changes to the way VAT is accounted for first took hold on 1 January 2010 when the first and most significant of changes collectively known as the “VAT package” came into force. These changes will now be a matter of routine for all who deal regularly with cross-border VAT issues. In recent years additional changes have come into force…
VAT Technical updates
23 July 2015

Summer Budget 2015 Update

Note: This update was written on 23 July 2015. It is based on the government’s proposals at that point in time which don’t necessarily represent the final legislation. For that reason, no action should be taken based on this update without taking further advice.
Budget update Technical updates
30 March 2015

2015 Budget Update

Note: This update was written on 30 March 2015. It is based on the government’s proposals at that point in time which don’t necessarily  represent the final legislation. For that reason, no action should be taken based on this update without taking further advice.
Budget update Technical updates
20 March 2015

New Charity SORPS

Non-company charities with annual gross income of £250,000 or more and all charitable companies must prepare an annual report and accounts in accordance with the Statement of Recommended Practice (SORP). For accounting periods commencing on or after 1 January 2015, the old SORP issued in 2005 is replaced by two new SORPs: the SORP (FRSSE) for small…
Charity Technical updates
06 January 2015

French Tax Data Card 2015

Please download the pdf to view the French Tax Data Card 2015.
Tax data card Technical updates
06 September 2014

UK Tax Data Card 2014/15

Please download the pdf to view the UK Tax Data Card 2014/15.
Tax data card Technical updates
30 March 2014

2014 Budget Update

Note: This update was written on 30 March 2014. It is based on the government’s proposals at that point in time which don’t necessarily represent the final legislation. For that reason, no action should be taken based on this update without taking further advice.
Budget update Technical updates
01 March 2014

French Tax Data Card 2014

Please download the pdf to view the French Tax Data Card 2014.
Tax data card Technical updates
03 December 2013

Autumn Statement 2013

Note: This update was written on 3 December 2013. It is based on the government’s proposals at that point in time which don’t necessarily represent the final legislation. For that reason, no action should be taken based on this update without taking further advice.
Budget update Technical updates