Team - Michael Richmond

Michael Richmond

Michael Richmond

Associate Director, Audit

As an Audit Associate Director at Gravita, Michael brings extensive experience in delivering high-quality audits and supporting clients across a range of sectors, including technology, media, hospitality and property. With 11 years of audit experience and seven years in management, Michael combines strong technical knowledge with a practical, commercially focused approach to client service.

Alongside leading audit engagements, Michael has experience in advisory assignments, including due diligence, helping clients navigate key financial considerations and make informed business decisions. Building strong client relationships is central to their approach, with a focus on understanding each business, providing clear guidance and delivering solutions tailored to their needs.

As a member of the ICAEW, Michael is committed to developing lasting client partnerships and supporting businesses as they grow and evolve.

Services

Sectors

Technology Property Media and Creative

Locations

Budget 2026: Personal tax

29th October 2026
 
Personal allowances and thresholds These remain frozen, as expected and as announced in the previous Chancellor’s Budget. However, there have been a few adjustments around the edges designed to benefit small, unincorporated business owners and...
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Budget 2026: Inheritance Tax

29th October 2026
 
Nil rate bands, and Inheritance Tax rates No major changes have been announced in relation to IHT, meaning that the Nil Rate Band (NRB) and Residential Nil Rate Band continue to remain frozen, despite inflation...
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Budget 2026: Stamp Duty Land Tax and Stamp Duty

29th October 2026
 
The SDLT rates and thresholds remain unchanged. The following changes have been confirmed or announced:   From 1st May 2026, no Stamp Duty Land Tax (SDLT) will be charged on the rent element of assured...
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Budget 2026: Capital Gains Tax (CGT)

29th October 2026
 
CGT rates and allowances These have remained largely unchanged with the Annual Exemption remaining at £3,000 for individuals and £1,500 for Trusts. The standard rates of CGT remain unchanged at 18% for basic rate tax...
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Budget 2026: Capital Gains Tax – Founders Relief

29th October 2026
 
The Chancellor announced that from April 2027, the disposal by a Founder of their interest in a business would be subject to tax at 10% on the first £10 million of their gain.  The £10...
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Budget 2026: VAT

29th October 2026
 
The 2026 Budget contained a number of VAT measures that will affect businesses over the coming years. Whilst some changes provide certainty in existing areas, others represent potentially significant reforms that may require businesses to...
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Budget 2026: Indirect Tax

29th October 2026
 
Electric Vehicle Excise Duty (eVED)  This will be introduced on 1st April 2028. It will apply to Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs) and Hydrogen Fuel Cell Electric Vehicles (HFCEVs). The rates...
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Corporate tax

Budget 2026: Corporate tax

29th October 2026
 
No Change to Corporation Tax Rates  The Chancellor announced no changes to the rates of UK Corporation Tax (CT). Companies will therefore continue to pay corporation tax at the existing rates:    main rate of...
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