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 […]
Statutory rates increase from April 2023
Written by HR Director, Nicola Bell Nicola Bell, HR Director, has outlined the increases in statutory rates that came into effect from 1 April 2023. National Minimum Wage From 1 April 2023, the national minimum wage has increased to the below: Aged 23 and above (national living wage rate), £10.42 an hour – up […]
R&D changes: What it means for your business
In March, Jeremy Hunt announced his second fiscal statement and first Budget since becoming Chancellor against a backdrop of fragile public finances, an ongoing cost of living crisis, and increased Government borrowing. We covered how this Budget stacks up against the Government’s priorities – and what it means for people and businesses across the UK […]
UK R&D tax relief claim requirements: The additional information form
From August 1st 2023, entities claiming Research and Development (R&D) tax relief or expenditure credit in the UK must complete and submit an additional information form to HM Revenue and Customs (HMRC). This additional form will be a prerequisite for supporting all R&D tax relief claims, and failure to submit it before the entity’s Corporation […]
Transfer pricing requirements to change for UK companies from April 2023
Written by our Tax Partner, Thomas Adcock . From April 2023, it will become a requirement for UK companies that fall within the UK transfer pricing legislation to maintain transfer pricing documentation using HMRC’s template. Historically, UK companies that are required to consider transfer pricing were able to document their approach in any way […]