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Income tax: Settlement payment from Employment Tribunal proceedings considered taxable
A taxpayer has lost her case at the Upper Tribunal (UT) after a similar loss
We understand the importance of quality in financial statements. Financial reporting is becoming more of a burden for all companies, with increasing levels of legislation and many aspects of UK Generally Accepted Accounting Practice (UK GAAP) to consider.
At Simpson Costea, our range of experience allows us to provide an efficient and quality service for all types and sizes of company.
Companies, partnership & sole traders
With Simpson Costea, your accounts will be prepared by an expert in your sector. And we’re ready to take those numbers further; working with you to help you develop your business.
You’ll get exactly what you need from your accounts preparation with Simpson Costea. If you simply need straightforward accounts, corporation tax and annual returns done, then that’s what we’ll do.
However, if you want a detailed explanation of what your accounts mean for your organisation, now and in the future, we will be on hand to talk you through your accounts and help you plan.
Subsidiaries of overseas companies
It will often be the case that group auditors will be precluded from drafting the financial statements. In these circumstances, we can provide a service to help you prepare UK compliant filings in a using either international accounting standards or local UK GAAP. In such situations, we are aware of the timescales and the importance of working efficiently with your auditors and other parties to ensure a smooth process.
Listed companies
As a listed company, your auditors are unable to draft your financial statements for you. This is where Simpson Costea can help. We are well versed in International Financial Reporting Standards and the drafting of listed company financial statements. We can also aid with the underlying accounting, particularly consolidation workings.
A taxpayer has lost her case at the Upper Tribunal (UT) after a similar loss
HMRC have won their case at the Upper Tribunal (UT) concerning the rate at which
HMRC have won their case at the Court of Appeal (CoA) following similar wins at