Tariq Charles

London accountant says availability of skilled workers has fuelled the growth of unicorns in the UK

The availability of highly skilled workers in the UK in general and in London, in particular, is a key driver of the recent growth of unicorn tech businesses – those that quickly reach investor valuations of $1 billion – according to a London-based accountant specialising in the sector. Tariq Husain, CEO at Mayfair and Harrow-based … Read more

Good news for charities as HMRC relaxes digital VAT rules

HM Revenue & Customs has relaxed the rules and regulations relating to Making Tax Digital for fundraising events. Under usual reporting conditions, a charity fundraising event would normally include a number of supplies that would need to be recorded on a VAT return. However, in an updated VAT notice, HMRC said it recognises that “charities … Read more

EIS and SEIS tax relief funding passes £2.1 billion

A rise over the course of the 2017-18 tax year has seen funding for the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) tax reliefs pass the £2.1billion mark. The EIS scheme saw the larger increase in approved funding, with a rise of £28million in funds raised. Meanwhile, SEIS approved funding was up … Read more