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Tax Directors & Finance Teams – Do you need to register for Pillar 2?

Menzies

Menzies LLP - A leading chartered accountancy firm. LATEST UPDATE Groups within the scope of Pillar 2 in the UK will need to register with HMRC within 6 months of the Group’s first accounting period starting on or after 31 December 2023. WHAT IS PILLAR 2?

Finance 52
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Are you impacted by Pillar 2 and what should you do?

Menzies

Menzies LLP - A leading chartered accountancy firm. The rules will aim to implement a global minimum tax of 15% on a multinational group’s profits, in each jurisdiction in which it operates in. Identify whether additional disclosures may be required in upcoming financial statements.

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Why your company would benefit from an outsourced Finance Director

Menzies

Menzies LLP - A leading chartered accountancy firm. Most business owners have an accountant which they trust and rely on for advice, however sometimes that doesn’t give them the closer support they sometimes need. Visits are typically weekly, fortnightly or monthly, with additional contact when needed.

Finance 40
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Super-Deduction Substituted by Full Expensing

Menzies

Menzies LLP - A leading chartered accountancy firm. This new allowance enables companies to claim a 100% deduction for tax purposes in the year of spend on particular capital investments. Nevertheless, the commercial objective of the business ought to take priority above tax planning.