Tax losses can arise due to a difficult trading period. They can also be created if you invest in qualifying equipment and you are able to set this cost against your trading profits – if the cost of…
News
Find out all you need to know about news and events that could affect your business. Sign up for our newsletter to stay up to date with what’s going on.
Sep 28, 2017
Tax losses can arise due to a difficult trading period. They can also be created if you invest in qualifying equipment and you are able to set this cost against your trading profits – if the cost of…
Sep 26, 2017
Most of us are aware that we pay Stamp Duty Land Tax (SDLT), or the regional equivalents, when we buy a property, but that is just the tip of the iceberg. For example, if you give something of value…
Sep 21, 2017
The Government has published the long-awaited Data Protection Bill that will incorporate most of the provisions set out in the EU General Data Protection Regulation. This will apply from 25 May 2018,…
Sep 19, 2017
If you are employed, and this will include most directors, you can claim for expenses that you have paid for personally, to be set against your income liabilities for the relevant tax year.
You…
Sep 14, 2017
We are often asked by landlord clients to clarify the difference between a replacement item of furniture, furnishing, household appliances or kitchen ware, and a purchase that may be considered an improvement.…
Sep 12, 2017
The government reintroduced the remainder of the March budget last week, it’s the part that was held-over to accommodate the May 2017 general election.
It confirms two items that will be of…
Sep 07, 2017
The Department for Education released the following press release last week regarding the new childcare support offer that commences from 1 September 2017. They said:
Parents of three and…
Sep 05, 2017
To qualify for the full, new State Pension you will need to have 35 years of contributions. At present, the self-employed pay Class 2 (a fixed weekly amount of £2.85) and Class 4 contributions (9% of…
Sep 05, 2017
HMRC has published a list of popular misconceptions that taxpayers have about letting property. We have listed below a summary of situations where you will need to declare rental earnings to HMRC:
Stay on top of what's happening, get information, and learn about our people.
Sign up