Beware of fraudulent tax refund offers following Self-Assessment, warns MGI Midgley Snelling LLP

With over 11.5 million returns submitted by the 31 January deadline, Self-Assessment season has given rise to bogus rebate offers – with Weybridge-based accountancy firm MGI Midgley Snelling LLP warning that personal details and banking information could be at risk. HM Revenue & Customs (HMRC) has reported a steep increase in the number of suspicious […]

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Spring Budget 2024

The latest Budget was an important speech for the Chancellor, Jeremy Hunt, and his Government, as he laid out key measures likely to affect his party’s success at the ballot box later this year. Although a date for the next general election is still yet to be set, this is likely to be the last [...] Read more
Prestigious ESG accreditation for leading Weybridge accountancy firm

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 […]

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Top Eight International Hotspots for R&D

Top 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 […]

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Mastering International Inheritance Tax: Key Strategies for Global Estate Planning

Mastering 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 […]

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Make 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 […]

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Autumn Statement 2023

Autumn Statement 2023

With a General Election looming on the horizon, Jeremy Hunt rose to deliver his second Autumn Statement as Chancellor in the knowledge that his latest measures could have a substantial impact, not only on the future economic success of the nation but the electoral success of his own party. Taking away the politics from his [...] Read more

What are the implications of profit repatriation?

Navigating the complexities of international business includes the challenging task of repatriating profits—moving your hard-earned profits back to your home country.   Many global entrepreneurs don’t understand the tax consequences involved in repatriating profits and get caught out with legal and regulatory issues.  Although it might appear simple, the tax landscape is intricate, and failing to […]

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A guide to double taxation agreements for expatriates and global entrepreneurs

The issue of double taxation often causes international entrepreneurs to worry about the ramifications of being taxed twice on identical income and the negative consequences this would have on their business.   This concern is particularly valid when you’re running a business that spans multiple countries and must contend with regulations in several jurisdictions.   However, double […]

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