HMRC is on the hunt: Are you trading or investing in property?
Written by Tax Partner, Thomas Adcock Property sales are coming under increased scrutiny from HMRC. Over the last few decades, investors have taken advantage of opportunities to buy up dilapidated properties, refurbish or develop and then sell on for what can be a significant profit. HMRC has got wise to this practice and has […]
Becoming non-resident: Why it is not quite as simple as the “90-day rule”
Written by Tax Partner, Michaela Lamb It is a universally acknowledged truth (in the world of pub/golf course/gym accountancy) that in order to lose UK tax resident status, all you need to do is to spend less than 90 days in the UK in the tax year. Whilst in many cases, you may be […]
Are the latest property tax proposals unworkable?
Written by Tax Partner, Thomas Adcock The government is reported to be considering sweeping reforms to property taxation. None of these ideas were in the party’s manifesto, so there is no electoral mandate for such wide-ranging change. Proposals include replacing stamp duty with a new property tax on sales above a certain threshold and introducing […]
CASS 15: How new FCA rules have changed safeguarding obligations for EMIs and PSD firms
Written by Philip Buckingham, Compliance Director, UK at IQ-EQ and Dan Rose, Partner, Audit and Assurance at Gravita The Financial Conduct Authority (FCA)’s CASS 15 rules impose new client money safeguarding and audit obligations on electronic money institutions (EMIs) and payment services directive (PSD) firms. The FCA published its final rules on 7th August 2025, […]