Navigating through some R&D tax complexities
Written by Tax Partner, Parminder Chattha . It is common knowledge amongst the industry that HMRC are focusing on R&D tax credit claims, with a significant increase in enquiries. Historically, claims would be enquired into before any payment was made to the claimant company, which most would agree is a sensible approach. Nevertheless, the enquiry […]
How technology is transforming professional services firms
In the digital age, technology is reshaping the landscape of industries, and professional services firms are no exception. From automation to data analytics, cloud computing to artificial intelligence, technological advancements are revolutionising the way these firms operate. We explore how technology is transforming professional services firms, enabling them to enhance efficiency, improve client service, and […]
Domicile and its impact on an individual’s tax position
Written by Tax Partner, Michaela Lamb The way you are taxed in the UK will be affected by not only your Residency status, but also where you are domiciled. What is domicile status? Domicile is a legal concept and whilst an individual can be a resident in more than one country at the same time, they can only […]
Basis period reform – Changes to how unincorporated businesses are assessed to income tax
Written by Tax Partner, Thomas Adcock If you are self-employed, or work together with others in partnership, you maybe be affected by new rules which came into effect on 6th April 2023. These rules will not affect you if your accounting year end is either 31st March or 1st – 5th April, as such year […]
Taxation of Restricted Stock Units (RSUs)
Written by Tax Partner, Michaela Lamb Restricted Stock Units, better known as RSUs, are an increasingly popular form of incentivisation offered to employees. These are a kind of employee share option scheme and are most commonly being offered by multinational tech companies, but are also offered by some banks and other smaller companies, albeit sometimes […]
Gravita becomes Top 30 accounting firm
Gravita joins forces with Carter Backer Winter and Davis Grant to become a Top 30 accounting firm. Continuing our mission to become the UK’s leading tech-enabled accountancy firm for growth businesses, we’re thrilled to announce that two more firms have joined Gravita. Carter Backer Winter (CBW) CBW is a Top 60 chartered accountancy firm […]
UK tax residency and its impact on an individual’s UK tax position
Written by Tax Partner, Michaela Lamb This is a short guide to provide a general response to frequently asked questions concerning UK tax residency and its impact on how you will be taxed in the UK. How do I know if I am a resident in the UK for tax purposes? Since 6th April 2013, UK tax residency […]
Carter Backer Winter joins Gravita
We’re delighted to announce that Carter Backer Winter has joined Gravita, now a Top 30 firm. Continuing our mission to become the UK’s leading tech-enabled accountancy firm for growth businesses, we’re thrilled to announce our new partnership with Carter Backer Winter, a top-60 chartered accountancy firm based in the City of London. For over 65 […]
Davis Grant joins Gravita
We’re delighted to announce that Davis Grant has joined Gravita At Gravita, we’re passionate about our mission to become the leading tech-enabled accountancy firm for growth businesses in the UK. As such, we’re delighted to announce our new partnership with Davis Grant, a tech-focused, forward-thinking chartered accountancy firm based in Ilford, Essex. Davis Grant have […]
Webinar: Benefits in kind and remuneration planning in 2023
We invite you to join us and Tim Palmer, Tax Consultant, at our webinar on 31st May focusing on benefits in kind and remuneration planning. The session will cover the above as well as planning areas such as bonus v dividends, redundancy planning, salary sacrifice, and the use of employee ownership trusts. The session will […]