
What do I need to know about Video Games Expenditure Credit (VGEC)?
Video Games Expenditure Credit (VGEC) is a new tax relief scheme introduced to support the video game development industry in the UK. Read more from our experts here...
Welcome to Price Bailey
Video Games Expenditure Credit (VGEC) is a new tax relief scheme introduced to support the video game development industry in the UK. Read more from our experts here...
Beyond their unique visual appeal, personalised number plates have become a niche investment amongst car enthusiasts and collectors. Some plates appreciate significantly in value over time, with sought-after combinations commanding substantial sums at auction. In this blog, we outline considerations for investing in private number plates for individuals and businesses, focusing on their tax treatment.
From 6 April 2026, employers who provide taxable benefits in kind (BIK) to their employees will be required to report these benefits and the Class 1A national insurance contributions (NIC), via their payroll. We answer some of your questions....
The DMCS has announced a 10-week consultation on financial thresholds in Charity Law which closes on 10th June 2025. Find out more here...
Statutory demergers are often described as the ‘go-to’ method of demerging, as they are quite literally written in the legislation. Due to their simplicity, i.e. not incorporating or liquidating companies, they are typically cheaper to implement and more straightforward. For those that meet all the relevant conditions, they are extremely effective. However, in practice, they are infrequently used due to the numerous conditions attached. Attempting a statutory demerger without meeting these requirements can lead to tax inefficiencies, highlighting the importance of seeking professional advice prior to demerging your business.
Video Games Tax Relief (VGTR) is a financial incentive designed to support the video game development industry in the UK. Find out more from our experts here to ensure you are claiming the relief you are entitled to...
We discuss the role of tariffs, in light of Trump’s potential trade policies, in reshaping global commerce, protecting domestic industries, and influencing supply chain strategies.
On 27 March 2024, the Financial Reporting Council (FRC) introduced significant changes to FRS 102 to better align with international reporting practices and improve the quality of financial reporting. In this article, we’ll set out the updated guidance and provide practical advice to help property businesses adapt.
The long awaited exposure draft charity statement of recommended practice for 2026 (SORP) has finally landed, and with it comes a major change in the structure of how charities report in their accounts. Read more here...
With the upcoming changes in FRS102, care needs to be taken when assessing each of the audit threshold criteria to confirm whether your firm is still likely to be exempt from audit going forward.
The DfE released the new Academy Accounts Direction for 2024/25 on Wednesday 26 March 2025. We share our findings in this article. Read more here...
Award-winning accounting firm Price Bailey and Oliver Clive & Co announce their new partnership aimed at further strengthening their offering in London.