Author Archives: Priya Raja-Motala

How can I avoid insolvency

The UK is one of the best places to do business in the world.  Yet the current economic conditions of high inflation and problems with resources has meant there is a chance you may be thinking of your business right now and asking the question “how can I avoid insolvency?” You are probably involved in […]

Divorce and Tax

Whilst tax is unlikely to be at the top of your list of important issues if you decide to separate, the potential benefits which could arise from prudent tax planning can ensure that both parties do not have unexpected and unwanted tax charges. This is particularly relevant for Capital Gains Tax (“CGT”), which, in reality, […]

How to stay positive in uncertain times in the workplace

This is the big question of the day. How to stay positive in these uncertain times especially when it comes to the workplace. Not only have we had a global pandemic for two years, but we also have political upheavals around the globe, an all-out war on European soil and new stories everyday about rising […]

VAT Registered but not yet filing under MTD?

ir35

It’s not long to go before 1st April 2022.  What is the relevance of this date you ask? This is the date MTD comes into play if you are a VAT Registered business but not yet filing under MTD.   What is MTD? Making Tax Digital (MTD) is HM Revenue & Customs plan to digitise […]

Is Salary Sacrifice a good idea?

pensions, salary

You may have heard the term “salary sacrifice” on occasions and wondered what it is. Have you ever wondered if you should participate in the scheme either as an employee or an employer?  Basically, is salary sacrifice a good idea?   What is Salary Sacrifice? Salary sacrifice schemes are not a new thing and have […]

Capital Gains Tax Deferral Relief – Enterprise Investment Scheme (“EIS”) Investments

Are you thinking of selling an asset? Or have you recently sold or gifted an asset that gave rise to a Capital Gains Tax (CGT) liability? If so, there is an often underutilised relief that could improve your cash position; Capital Gains Tax Deferral Relief.   If you pay income tax at the higher or […]

How is your business going in 2022?

business operations

Businesses have a lot on their plate now! You have had a lot on your plate for the last two years. But our world is changing rapidly or so it feels. So how is your business going in 2022? This year has brought different challenges. There is the threat of the “great resignation” where workers […]

Why is time management skills important for your work?

Why does it matter you have a time management system for work? The UK is often labelled as a “low productivity” economy amongst the G7 economies.  Compared to France we rank much lower.  So, what do our peers do across the channel that we don’t. According to the Guardian newspaper the French have a wonderful […]

What is it like working as an ACA trainee at Myers Clark?

You’re here because you’re looking for the right place to undertake your ACA training and become a qualified Chartered Accountant.   We know how important it is to learn the ropes in an environment where you feel valued and on a structured path to achievement.   We wanted to give you a picture of what […]

End of year Tax Planning

Why will be it be necessary to do some tax planning moving forward. You may have seen in the press last week, there is not going be a “U” turn with the introduction of the new health social care levy. The UK government borrowed another £16.8 billion in December 2021 and the Covid 19 pandemic […]