For those in the property industry, they will know that having multiple properties is a good investment, but need more advice on the tax side. Main Residence Flipping may then be a area to look into as it has been a popular strategy for reducing tax. Our...
Amongst talks last year regarding the Budget speech of 2020, a lot of focus was on what we knew as entrepreneurs’ relief, designed to be an incentive for entrepreneurs' to start a new business. The name may have changed over recent months, but the details of the...
This month the Insider newsletter provides a summary of the following: Group slams latest Taxable Grants for the Self-Employed Improved Job Support Scheme opens for Employers Sunak hints at Spring Tax hike to 'balance the books' Three in five Bounce-back Loans may never be repaid, Watchdog claims Our full report...
The details have been fairly limited so far and will be updated over the coming days, but this is what we know so far:FURLOUGH SCHEME EXTENSION:The Coronavirus Job Retention Scheme or ‘Furlough’, as it has come to be known, will be extended for another month...
If you are in the process of moving home or planning to in the second half of 2020/21, then there may be some changes to the tax system to consider, such as the recent cut to stamp duty land tax announced in July 2020. Our...
Property investment has always been a source of a steady income and a wise choice for those thinking of their future and saving for their retirement, however it may be a tricky route to take due to the changes to income relief and thinking of...
This month the Insider newsletter provides a summary of the following: Commission set to recommend National Living Wage Freeze Chancellor reveals new support measures amid Second-Wave fears Tax Group calls for extension to the Annual Investment allowance Fraudulent furlough claims or those paid in error cost £3.5bn Our full report...
Valuing how much your business is worth may not be something that has crossed your mind, but there may be some benefits in doing so whether this is something to consider when planning out your finances or even to your retirement. Our guide here details all the...
For many, its that time of year again to begin thinking of preparing your tax return, although it may be the last thing on your mind due to the current climate! Our short guide here will advise you on all you will need to know, including any questions...
This month the Insider newsletter provides a summary of the following: Video Witnessed Wills become legal in England and Wales Businesses claim late payments crisis deepens during lock down Furloughed workers get redundancy pay protection Firms 'unable to prepare' for end of Brexit transition period Our full report can be...
