Tag Archive

Short and Long Term Effects of Brexit

Published on June 28, 2016 By admin

Short term effects Those who were longing for the Making Tax Digital and Digital Tax Accounts consultation will need to wait as there are now urgent and more important matters in hand. In the case of any emergency budget, there could be an increase in income tax and national insurance. Long term effects The separation […]

Important Announcements from the 2014 Autumn Statement

Published on December 5, 2014 By admin

So, how this year’s autumn statement would affect you. Here are some important announcements from the autumn statement that was presented this week. Tier system introduced for stamp duty. Under the old stamp duty rules, you would need to pay stamp duty Tax at a single rate on the entire property price. However, under the […]

Tax Experts Defend their Position over the Government Backlash

Published on February 1, 2013 By admin

In latest developments, tax heads of larger accountancy firms have defended themselves against claims they are behind avoidance schemes that damage the UK’s economy. The Public Accounts Committee accused them of making not exposing corporate income for tax in UK

Accountants as the Strategic Business Partner

Published on January 25, 2013 By admin

The overwhelming message coming from the business community is that accountants now and in the future need to be strategic business partners. If they are to add value to business and develop a successful career, they need to share insight and guide strategic decision-making, rather than simply analyse and report on data.

Autumn Statement; What’s in it For the Savers and Pensioners

Published on December 28, 2012 By admin

For savers, the annual ISA contribution limit will rise modestly from the current level of £11,280 to £11,520 from April 2013, a rise of 2.1%.. But previously it was said that this would be increased in line with inflation. What about pensions? The basic state pension will rise by 2.5% next year to £110.15 a […]

Is There a Tax Advantage in Investing in Forests?

Published on October 31, 2012 By admin

If your company is looking at ways of investing spare cash then investment opportunities relating to woodlands is worth considering. The reruns from these investments are sizeable and also come with tax incentives. If you search for details it’s not difficult to find reports of investments in woodlands producing annual returns in double figures. Usually […]

Inheritance Tax Relief When Property Prices Go Down

Published on July 27, 2012 By admin

Selling a house on someone else’s behalf in a shrinking market can lead you to a huge inheritance tax bill. But what are the options available for you to reduce the inheritance tax payable?

Fixed Fee Accountants in Fulham and Hammersmith

Published on June 29, 2012 By admin

When you look for an accountant, what are the things that you look for most? Many business owners will look whether the particular accountant has the capability to handle the tasks that he / she wants them to do. Apart from the capability of the accountant to deal with final accounts, VAT, bookkeeping, personal tax […]

When Can You Get VAT Refunds on Postal Charges

Published on June 22, 2012 By admin

Since January 2011 businesses can reclaim VAT paid on certain Royal Mail services. But under certain circumstances this right may be extended to earlier years.

Shifting Value in a Family Run Business

Published on June 15, 2012 By admin

In family run businesses, if the main shareholder is retiring but wants to keep his/ her stake to ensure he/she still maintains control, how can this situation be handles without being investigated by HMRC for inheritance tax?