July 2023 newsletter: the latest news and updates from Clayton & Brewill

Clayton & Brewill’s July 2023 newsletter is now available to view online. In this issue, we look at a number of key talking points in the sector at the moment, including: What is full expensing and will it benefit your business? The latest news around Trade and Customs Why basis period reform actually does matter […]

Property VAT: the option to tax explained

VAT option to tax explained blog image

The VAT treatment of property can be challenging. Normally, supplies of land and buildings are exempt from VAT, however there are some exceptions to this. In this article, Nottingham chartered accountants Clayton & Brewill explains the option to tax and the implications of this, as well as HMRC procedures for dealing with property VAT and […]

Director responsibility during insolvency

Director responsibility during insolvency blog image

Are there circumstances in which directors must act in, or at least consider, the interests of the company’s creditors? The Supreme Court has addressed this question for the first time during a recent court case and provided a significant verdict for company directors. In this article, Clayton & Brewill outlines director responsibility during the financial […]

Hybrid and flexible working: what employers should know

hybrid and flexible working blog image

Non-standard work arrangements are now the not-so-new normal and come with their own compliance risks. Employers need to be aware of the changing laws surrounding hybrid and flexible working, and the ways in which they can support their employees. In this article Clayton & Brewill looks at the key differences between hybrid and flexible working […]

Short-term property letting: does HMRC need to know?

short term property letting: HMRC rules

Many websites urge property owners to start earning from their home or spare room – but what they don’t always mention is that HMRC may want a piece of the action. Income from short-term property letting will likely need to be included in the calculation of your taxable income, although there are some occasions where […]

How can regular management accounts benefit your business?

Management accounts image

Management accounts help you to stay in control, and inform both day-to-day and strategic decision making. If you have regular board meetings, a set of up to date management accounts can help to both guide the agenda and spark discussions. Here are some of the key reasons that our clients choose to invest in monthly […]