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accountants & business advisers

Insights

Expanding in the UK

During our recent trip to the USA, I was asked a series of questions about the UK economy and what US companies should be aware of when looking to the UK for expansion. Below is a summary of the main questions which were put to me.

July 27, 2022

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Take the heavy-lifting out of furlough audits

The furlough scheme reportedly cost £70bn and it is therefore unsurprising that HMRC are looking to claw back mis-claimed amounts.

July 8, 2022

The Income Tax implications of crypto-mining

With the upcoming merge of the Ethereum 2.0 update rumoured to be implemented this year, it is important to remember that there may be income tax implications for cryptoasset investors who play a role in verifying blockchain transactions.

June 21, 2022

Supplementing and upskilling your team during significant change

When we refer to ‘outsourcing’ a finance function, the meaning is construed in multiple ways depending on the audience and pre-conceptions. It is useful therefore to outline some of the ways in which the outsourcing department can assist in ‘special projects’ which fall outside of the traditional bookkeeping/data processing/returns.

June 21, 2022

Trust Registration

The original requirement for certain trusts to register on the Trust Registration Service was introduced in June 2017 as part of the UK’s implementation of the EU’s 4thAnti-Money Laundering Directive. This provided greater transparency surrounding the assets and individuals involved in such structures.

June 20, 2022

What is a non-dom and why does this matter?

Over the last few months, there has been a lot of pressure on the Chancellor, Rishi Sunak and his wife, Akshata Murty as a result of their non—domiciled tax status and the suggestion that they have “avoided” paying significant amounts of UK tax as a result of dividends received from her stake in her father’s overseas IT business, none of which is taxable in the UK.

June 20, 2022

DFK welcomes new executive director

A Oxford based firm has welcomed the appointment of a major international accountant as executive director at its global association.

June 6, 2022

Seeking funding or investment from a position of strength

“Fail to prepare – prepare to fail” an age-old statement I’m sure most of us have heard from parents or teachers along the way.

May 16, 2022

The rise of the Covid-preneur

Amidst the challenges that the pandemic has bought, many opportunities have unfolded. The number of business start-ups has for example, reached new records as entrepreneurial-minded individuals have seen an opportunity to strike out on their own.

May 9, 2022

DFK ranked sixth largest association in the world

DFK International has been ranked as the sixth largest association in the world by a leading industry magazine.

March 28, 2022

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