article thumbnail

Tax Directors & Finance Teams – Do you need to register for Pillar 2?

Menzies

Menzies LLP - A leading chartered accountancy firm. LATEST UPDATE Groups within the scope of Pillar 2 in the UK will need to register with HMRC within 6 months of the Group’s first accounting period starting on or after 31 December 2023. The post Tax Directors & Finance Teams – Do you need to register for Pillar 2?

Finance 59
article thumbnail

A Brighter Thinking Approach to Wealth Planning

Menzies

Menzies LLP - A leading chartered accountancy firm. Lately we have adopted a fresh approach to personal wealth planning by combining the knowledge of both our in-house Private Client Tax Managers and Financial Planners. This is because many financial decisions can result in tax implications and vice versa.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are you impacted by Pillar 2 and what should you do?

Menzies

Menzies LLP - A leading chartered accountancy firm. The rules will aim to implement a global minimum tax of 15% on a multinational group’s profits, in each jurisdiction in which it operates in. What does this mean and how can businesses get ready? WHAT SHOULD BUSINESSES DO NOW?

article thumbnail

Super-Deduction Replaced by Full-Expensing

Menzies

Menzies LLP - A leading chartered accountancy firm. This relief is temporary and will end on 31 March 2026 but for companies that take advantage of it will enable up to £250 of each £1,000 of capital spend to be recovered against their tax bill and so potentially significant tax savings are available.

article thumbnail

Rental Income

Menzies

Menzies LLP - A leading chartered accountancy firm. One of the main aspects you need to think about when becoming a landlord is the tax position and ensuring that you meet the tax reporting requirements.

article thumbnail

Business Tax: Property matters

Menzies

Menzies LLP - A leading chartered accountancy firm. Businesses operating within the property and construction sector may have specific needs and requirements that are not commonly found in other sectors. This may include for example complying with the Construction Industry Scheme.

article thumbnail

How to set up as a self-employed barrister

Menzies

Menzies LLP - A leading chartered accountancy firm. Self-Employed Barrister Checklist Menzies can help you with as much or as little as you need including self-assessment, VAT, Making Tax Digital, tax planning and financial planning. We’d love to talk and show you more!