For many employers there are key employees who they don’t want to lose. They are integral to the growth and success of the business. It is important to keep these employees tight to the trading company. One option is to go down the Government approved Enterprise Management Incentive Scheme (EMI) route, which enables the employer […]

For persons with a property portfolio one of the tax headaches, keeping them awake at night, is how to mitigate their inheritance tax (IHT) liability when passing on the properties to their children or grandchildren on death. In the vast majority of cases the property values, net of any liabilities, such as debt, will form […]

Does your company own an interest in a residential property? Was that property worth £500,000 or more as at 1st April 2022 or, if later, the value at the time the company acquired it? Did your company convert a property into a dwelling or build a new one, after 1st April 2022, which at the […]

It can be a costly error ignoring the VAT implications surrounding land/property transactions, whether you are the vendor/purchaser, the landlord/tenant or the transferor/transferee. Normally there is no VAT charged on the sale or rental of a residential property or a communal residential home or if the building is being used for charitable purposes. The landlord […]

The main points that were announced in the mini budget last week were; The Health and Social Care Levy (HSCL) of 1.25% due to be introduced from April 2023 will not now go ahead – and that the 1.25 percentage point uplift in National Insurance contributions (NICs) rates that was introduced in April 2022, will […]

One of the big talking points at the moment is the tax saving available on electric cars so it seems to be a good time to look at those savings. The current rules enable tax relief to be claimed for 100% of the vehicle’s cost in the year of purchase.  However, only qualifying electrically propelled […]

Do you have a date in mind when you would like to retire? Do you want to have a financially comfortable retirement? Is a pension one of the important components for you to achieve that goal? What level of income do you think you will need once you pack in work? Are you on course […]

It is well reported that electric car sales are on the up. However, along with the expense of either buying or leasing such a vehicle, comes the additional upfront cost of the purchase and installation of electric vehicle (EV) chargepoints. Depending upon who is incurring that cost and where you are based in the UK, […]

Due to staff relocation, we are looking for a full time junior/semi senior accountant to join our team. You will be involved in preparing year end accounts and more wide ranging services such as tax and tax returns depending upon your level of experience. As a progressive and forward thinking firm of accountants, we offer […]

The Government announced on Tuesday a new £1bn support package for Omicron-hit businesses. The new measures include:  One-off grants of up to £6,000 per premises for hospitality and leisure businesses The reintroduction of the Statutory Sick Pay Rebate Scheme for Covid-related absences for small and medium-sized employers; and £30m further funding will be made available […]