Spouses often hold rental property jointly, and where this is the case, rental profits and losses are treated as arising to them in equal shares. If one spouse pays tax... read more →
Financial Services: Archives
The 2018 Budget has been set for Monday 29 October, setting a deadline for speculation and proposals. Mr Hammond, however, has indicated that he won’t end the long spell of austerity... read more →
APR is an Inheritance Tax relief that is based on the agricultural value of qualifying agricultural property when it is transferred, either in lifetime or on death. Provided such property... read more →
If you are contemplating selling your business you simply cannot afford to miss out on Entrepreneurs Relief (ER), not when it can reduce the tax rate payable from 28% to... read more →
You must tell HM Revenue and Customs (HMRC) if your non-trading or dormant limited company starts trading again. You’ll also need to put together statutory accounts and Company Tax Returns... read more →
As more and more people choose to work from home, the question of how you can reclaim any home office expenses is frequently asked. The general HMRC rule for claiming... read more →
There are a number of different ways to set up a business, but determining which is best for you depends on a combination of factors. The following is a quick... read more →
Since 1st October 2017, every employer in the UK now must place certain staff into a pension scheme and contribute towards it. Until now, there has been a roll-out programme... read more →
‘I’m starting a project converting and improving a run-down property for residential letting purposes. My builder says he must charge me 20% VAT as he is VAT registered. Is this... read more →
Most of us associate a Will with leaving assets such as your house and savings to your loved ones. But with so much of our life being conducted online these... read more →
