Proposed changes to UK domicile rules
Where an individual is resident but not domiciled in the UK there are special rules that apply to that person’s overseas income and capital gains. Plus only their UK assets are charged to inheritance tax. The government have been consulting since last summer on possible changes to the rules from 6 April 2017. Currently the UK […]
Are Usain Bolt’s genes overrated?
The science of success suggests that genes have little to do with success… But is this true? Jamaica is the home of Usain Bolt, the home of sprinting. 7 of the world top 10 sprinters come from Jamaica… But it’s not where he comes from that matters, it’s what he does… The Jamaican team are […]
Who would look after your business if you were unable to?
Continuity is one of the key elements for any business to survive. Lasting Powers of Attorney (LPA) for business owners Most business owners do not think about what would happen to their business if they became incapable of running it or making those important day-to-day decisions through physical or mental incapacity. If you were to […]
Tax Returns
In the heady world of a professional accountancy practice, January is usually the busiest month of the year as it is the deadline month for the submission of self assessment tax returns. Christmas and New Year festivities were quickly forgotten when we returned to work on 4th January this year and got stuck into the outstanding […]