CGT Private Residence Relief Changes Go Ahead
The latest Finance Bill includes important changes to private residence relief that took effect from 6 April 2020....
Accounting
Will inheritance tax be simplified?
Another announcement to listen out for in the Spring Budget is whether the Chancellor acts on the recommendations...
Review of Off-Payroll Working Rules
In January the government launched a four-week review of the changes to IR35 “off-payroll” working rules scheduled...
New year’s resolutions to save tax
New Year’s Resolutions It is at this time of the year that we think about New Year’s resolutions. It is...
4 ways to reduce debtor days
Reduce debtor days to improve cash flow All small businesses will tell you that cash is king. However, it is many...
Update on budget day
What is the update on the budget day? Sajid Javed’s first budget was initially expected on 6 November. With...
Time to Start Saving for Your Tax Due on Dividends
What are dividends? Dividends are payments made to company shareholders. If you are shareholder you would pay tax:...
High Earners Lobbying for Pension Tax Changes
Hospital doctors, GPs and other high earners are lobbying the government to amend the pension tax rules. The...
5 Reasons You Need an Accountant
1. Help you understand your obligations A Xero study revealed that a quarter of small business owners didn’t...
Will the High Income Benefit Charge Affect Your State Pension?
The child benefit charge was introduced in 2013 and affect over 1 million families. If you or your partner earn an...
Get the Most Out of Social Media Marketing
Most, if not all of your team will have social media, this may be Facebook, Twitter, LinkedIn or Instagram. Some...
Should You Register for VAT?
Many companies question whether they should register for VAT or not. In this blog, I discuss what VAT is as the...
3 Things to You Can do to Promote Growth within Your Business
Regardless of the type of business that you run, you will have talented people in your team who you will want to...
HMRC Deadline Set for Disguised Remuneration Schemes
HMRC have published revised guidance on settling tax liabilities in relation to the use of disguised remuneration...
6 Habits of Highly Successful People
Getting ahead can be a struggle at the best of times. If you want to be successful, you need to be highly...
Does your Accounts System comply with Making Tax Digital for VAT?
Making Tax Digital (MTD) for VAT is scheduled to start in April 2019 which means that your VAT information needs to...
New Years Resolution to Save Tax – Relief from Additional 3% Stamp Duty Land Tax Charge
Much of the focus in the Autumn Budget on Stamp Duty Land Tax (SDLT) concerned the abolition of the duty for first...
New Years Resolution to Save Tax – Gifting Surplus Income
Why not consider setting up a standing order to family members? Such regular gifts can be outside of the scope of...
New Years Resolution to Save Tax – Pension Planning
At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax...