For a lot of us, this may feel a long way away, however it is never too early to start planning and saving for the day that we all eventually retire. There are various methods to this, and various tax consequences if not done properly, therefore we...
We have prepared a short guide here which provides details relating to the construction industry scheme, who it affects, definitions and how the scheme works, together with some very important changes from 1 October 2019 in relation to the reverse charge. If you are in the construction...
This month the Insider newsletter provides a summary of the following: Demand for Digital Skills to SkyRocket Tax Free Childcare Simplifying Gifts to Loved Ones Urge to Rethink Buy To Let Crackdown Our full report can be found here, and if you have any questions please do not...
Cash flow is key for all people, and late payments can seriously compromise a business. However, there are steps that we can all take to try and minimise this, and we have prepared a small guide "the scourge of late payments" here....
For individuals with an income of more than £150,000 have a restriction on their allowable allowance for pension contributions at £1 reduction for every £2 of income over £150,000. This means that high net-worth individuals contributing to a pension are more likely to be taxed...
The vast majority of small business owners do some work from home, however many do not claim anything for this and are missing out on a legitimate claim against their profits. There are various tax implications including the potential consequences of capital gains, and we have...
We are fans of efficiency and are always looking to optimise systems and processes for our clients and their businesses. There are lots of technological advantages to help with this, and processes that can be put in place, therefore we have prepared a guide here to give...
This month the Insider newsletter provides a summary of the following: "Unfair" Taxes Retiree taxes Urge for Stamp Duty break Unsustainable Business Rates in need of Reform HMRC error on payments Inheritance Tax Rules Auto-Enrolment Spot-Checks Call for IR35 Delay Our full report can be found here for...
After what has seemed like an eternity we have now moved into our new office at 11 Manor Corner, Manor Road, Preston, Paignton, TQ3 2JB,- a stones throw away from the current office. We will be transferring all clients with registered offices with us to our...
Does your business have a contingency plan should the unexpected happen - key person on long term sick / leaves, damage to premises due to unforeseen events, or even Brexit? A vast majority of businesses do not have any plan in pace for this and we...