News

North of England Accountancy Firm continues growing with eight new trainees and a new learning platform

North of England Accountancy Firm continues growing with eight new trainees and a new learning platform

Date posted: 15th Aug 2022

Clive Owen LLP, chartered accountants and business advisers, has recruited eight new trainees to join them in August, seeing the team grow from 112 to 122 in less…

Read
Research and Development scheme – how to get the most from these claims

Research and Development scheme – how to get the most from these claims

Date posted: 28th Jul 2022

I have worked at Clive Owen for 25 years now and have been preparing R&D claims since the introduction of the scheme in 2000. In the last 3…

Read
HMRC scam’s – what to look out for and what to do if you receive one

HMRC scam’s – what to look out for and what to do if you receive one

Date posted: 18th Jul 2022

We have recently become aware of an increase in attempted phishing communications from our clients, which is a worrying trend. These scams can come in a number of…

Read
Close investment holding companies – do you have one and what are the tax issues?

Close investment holding companies – do you have one and what are the tax issues?

Date posted: 11th Jul 2022

At the time of writing (July 2022), the UK has one flat rate of corporation tax – 19%. However, there are planned increases to the rate from April…

Read
HMRC increasing the penalty intake!

HMRC increasing the penalty intake!

Date posted: 11th Jul 2022

Recent data suggests that penalties imposed by HMRC were £571m in 2021/22. Whilst these penalties will cover a range of taxes and some will relate to tax avoidance…

Read
Summer Childcare Costs – Tax Relief Available

Summer Childcare Costs – Tax Relief Available

Date posted: 11th Jul 2022

If you have children under 12 who attend a nursery, after school club, play scheme, childminder or you are considering sending them to a summer camp, you should…

Read
SEISS grants – penalties and reporting

SEISS grants – penalties and reporting

Date posted: 11th Jul 2022

HMRC are reminding sole traders and partners who have received Self-Employed Income Support Scheme (SEISS) grants that there are potentially penalties of up to 100% of amounts over…

Read
Company cars – is the list price always the P11D price?

Company cars – is the list price always the P11D price?

Date posted: 11th Jul 2022

As a general rule, when completing forms P11D to declare a company car, it is the original list price of the company car that is declared rather than…

Read
BAD relief – HMRC nudging taxpayers

BAD relief – HMRC nudging taxpayers

Date posted: 11th Jul 2022

It is believed that HMRC are checking 2020/21 tax returns and nudging taxpayers to double check if they have exceeded their lifetime allowance for business asset disposal (BAD)…

Read
Associated companies – how does it work?

Associated companies – how does it work?

Date posted: 11th Jul 2022

As we mentioned in our April tax news (https://www.cliveowen.com/2022/04/corporation-tax-increases-april-2023/) corporation tax rates are rising from April 2023. The issue of associated companies rears its head after an eight…

Read

IT ALL FITS, TOGETHER.

Keep Informed: enter your email...

Our Clients Include: