Is Pension Tax Relief about to be cut?
It has been rumoured that in the upcoming budget on 8th July that one of the chancellors target areas could be restricting the higher […]
Is Pension Tax Relief about to be cut? Read More »
tax saving
Compliance costs SMEs
SMEs pay almost £10 billion in tax compliance costs each year, according to research by the Association of Accounting Technicians (AAT). In a recent survey of 500
Compliance costs SMEs Read More »
Budget 2014 – Savings & Investments
Individual Savings Accounts (ISAs) From 6 April 2014 the overall ISA savings limit will be increased from £11,520 to £11,880 of which £5,940 can be
Budget 2014 – Savings & Investments Read More »
Tax, Lies and Videotape
On Monday 16 September Panorama showed another programme about tax avoidance. This time the focus was on tax advisors who HMRC believe continue to cross
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Are you missing out on Tax Relief?
HMRC have stated that they believe many more businesses could be claiming research and development tax relief. In the last year the tax authorities have
Are you missing out on Tax Relief? Read More »
Changes to Inheritance Tax & Loans
Generally speaking, debts of a person’s estate are deductible for Inheritance Tax (IHT) purposes – though there are some circumstances where specific debts cannot be
Changes to Inheritance Tax & Loans Read More »
There’s no substitute for financial advice
A recent article in the Mail on Sunday by Jeff Prestridge extolled the virtues of obtaining independent financial advice. Demand for advice is likely to
There’s no substitute for financial advice Read More »
Furnished holiday property attack
Last year a case was heard before the First-tier Tribunal that found a Furnished Holiday Let (FHL) property should not be considered an investment for
Furnished holiday property attack Read More »
Tax Man admits errors can happen!
For some years H M Revenue & Customs (HMRC) have had a method whereby they could reduce tax liabilities in cases where errors had been
Tax Man admits errors can happen! Read More »
Can I borrow money from my company pension scheme?
Many small companies continue to find it hard to obtain finance and although interest rates are at an all-time low, lending rates (where you can
Can I borrow money from my company pension scheme? Read More »
making tax digital for income tax