For MGI Worldwide, collaboration and global connections are a vital part of what we do and we are incredibly proud of our global network. Jonathan Farrow, a partner at MGI Worldwide, recently embarked on a series of international trips that exemplified this collaborative spirit. His journey took him to Prague, Bangkok, and Belgrade, each visit […]
Read moreAuthor Archive: Midgley Snelling
Prestigious ESG accreditation for leading Weybridge accountancy firm
Joining a select handful of UK firms, MGI Midgley Snelling LLP has secured the sought-after ESGmark – a leading industry benchmark for firms delivering a fairer future. Recognising organisations which champion consistent, positive change through their Environmental, Social and Governance policies, the ESGmark was founded by investment analyst experts Portia Patel and Justin Bates to […]
Read moreTop Eight International Hotspots for R&D
Numerous countries offer diverse tax incentives, each providing unique advantages for entrepreneurs and business owners. Among these, eight countries stand out for their exceptional appeal to business ventures. Our tax experts have thoroughly researched these nations, evaluating their tax incentives, Research & Development (R&D) programs, and overall economic conditions. This article highlights the eight countries […]
Read moreMastering International Inheritance Tax: Key Strategies for Global Estate Planning
In an era where families increasingly hold assets across multiple countries, mastering the complexities of International Inheritance Tax (IHT) is crucial for effective estate planning. The global nature of assets poses unique challenges, particularly for those with substantial overseas holdings, such as business owners and entrepreneurs. The Value of an International Tax Adviser Expert guidance […]
Read moreMake your New Year’s resolution more referrals
As we step into the new year, MGI Midgley Snelling LLP encourages all member firms of MGI Worldwide to adopt a powerful resolution: to prioritise and enhance the practice of mutual referrals. This initiative is not just about business development. It’s about fostering a stronger, more interconnected global network that benefits each member and their […]
Read moreGoing green – The financial benefits of investing in a cleaner future
As a small business owner, embracing environmentally friendly practices not only supports a sustainable planet but can also unlock significant financial benefits for your business. It is important to explore the tax reliefs and allowances available to your business when you adopt green operations so that you can navigate and mitigate your environmental tax responsibilities […]
Read moreHMRC sets its sights on unpaid crypto tax
As the crypto asset sector grows, with an annual growth rate predicted to reach around 12 per cent, taxpayers with digital assets need to remain tax compliant. Tax regulations and knowledge have struggled to keep pace with this investment type’s rapid growth, resulting in significant levels of unpaid tax and underreported income. In a bid […]
Read moreCan you afford to miss your Companies House deadline?
For limited companies registered and operating in the UK, one of the requirements that directors must meet is filing annual accounts with Companies House. Comprising a collection of different documents, filing with Companies House ensures that the publicly available information about your company is correct. Because it is so important, there are penalties for not […]
Read more10 steps to prevent insolvency
Despite many owners’ fears, insolvency is avoidable through well-thought-out financial strategies and careful planning. There are several practical strategies for averting insolvency that you and your business should implement during times of strife and economic difficulty. Rethinking staffing strategies During a downturn, businesses should evaluate their current staffing needs and consider adjusting staff levels to […]
Read moreScaling up – How you can grow your business in 2024
In 2024, small and medium-sized enterprises (SMEs) will face a brand-new set of challenges and opportunities. As the economy continues to react to the events of the last few years, one thing remains important – high-quality business advice. Below, we look at some practical tips for SMEs aiming to scale up and grow their operations […]
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