We asked some of our valued clients to share their experience of working with us. See the result in our film, Shared Experience.
At Buzzacott we define ourselves by the needs of our clients. These needs range from those of nuns to those of hedge fund managers. The relationships we build are both personal and enduring.
Small standalone UK companies and LLPs are exempt from audit. If the entity is in a group, however, it can only claim the “small” audit exemption (s477 exemption) if the whole worldwide group of which it is a member is also small.
HMRC previously advised that Enterprise Management Incentive (“EMI”) schemes should not be established until further notice as State Aid approval from the European Union (EU) lapsed on 6 April and EMI options issued prior to re-approval may not be eligible for tax advantages previously afforded to option holders.
Most architectural practices will have heard about R&D tax credits by now. Unfortunately, I find there is widespread fear about asking for money from HMRC in case this has a negative impact on the wider tax relationship.
Submitting an R&D tax credit claim can be the first substantial interaction many new companies will have HMRC. This can be a daunting prospect, and it might well be tempting for you to claim very little or put off claiming altogether rather than engaging with HMRC. Don’t! In this article we explain simple ways you can approach making a claim, that ultimately make it easier for HMRC to review and assess.
Micro-entities are very small UK companies or LLPs. Your company may be a micro-entity if it meets two of the three following criteria: turnover of £632,000 or less; assets of £316,000 or less; 10 employees or less. Here, we take a look at the ins and outs of what it means to be a micro-entity.
Buzzacott are delighted to have received an award for 'Best outsourced operations/finance service' at the annual HFM European Hedge Fund Services Awards, which reward excellence in hedge fund servicing.
The rollercoaster ride of the entrepreneur does not always allow for planning ahead of time; the business may suddenly receive its largest new order without a clear path to delivery, or an unexpected tax bill may present itself when the business is strapped for cash. Ensuring the business has the right capital structure in place (whether that is in the form of Venture Capital or Private Equity investment) will go a long way to making sure the rollercoaster is smoother, but will reduce the likelihood of having the bank or HMRC knocking on your door in the first place.
Ever since Brexit threatened to pull the shutters down on non-UK business owners working in this country, we have seen a steady rise in entrepreneurs – and not necessarily just Europeans but also North and South Americans – wanting to set up companies in the UK before March 2019. Here are some of the financial matters to be considered when setting up a new business.
With most law firms' new financial year starting in April or May, we’ve put together some handy housekeeping tips which will help make your firm more Accounts Rules compliant.
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An Association of Independent Accounting Firms