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Keeping you up to speed with industry news, views and analysis.

Pillar two tax registration explained

Groups within the scope of pillar two must register with HMRC within six months after the end of the first accounting period to begin on or after 31 December 2023.

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EMI Share Options

EMI’s are a highly favoured employee incentive mechanism among eligible small and medium-sized trading companies. This preference stems from the unparalleled tax advantages they offer and the flexibility allowed in defining their terms.

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Enterprise Management Incentive (EMI) Scheme

The EMI scheme is an option based scheme and is specifically aimed at the smaller ‘higher risk’ trading company.

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New £7.4m UK AI training fund – applications close 18 August 2024

The Department of Science, Innovation and Technology (DSIT), has introduced a scheme that aims to increase AI adoption and productivity by spurring greater employer-led investment in the relevant skills.

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P11D and Benefit in Kind

A P11D form is a mandatory submission to HMRC by employers annually, detailing taxable benefits and expenses provided to each member of staff, including directors.

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Annual Tax on Enveloped Dwellings (ATED) filing deadlines for the 2024/25 Tax Year

As the deadline for filing Annual Tax on Enveloped Dwellings (ATED) returns draws near, it's imperative for property owners and corporate entities to grasp the intricacies of their obligations and ensure full compliance with HM Revenue & Customs (HMRC) regulations. Here's an overview of everything you need to know about ATED for the upcoming tax year.

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EU Approves World's First AI Law

Though we discuss primarily about accountancy, as London tax advisors today the topic will be something different. Today, we will discuss the approval of AI law by the EU which will have far-reaching implications.

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