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Thinking of Selling Your Business?

10th March 2013 | Written by In Accountancy | Categories : News
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Three frequently asked questions that would-be business sellers are reviewed here, as a guide to issues that should be considered. There are no definitive answers – just prompts and reminders to focus our minds.


5 of the Biggest Problems Facing Business Owners Today

8th March 2013 | Written by In Accountancy | Categories : News
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It’s easy to get depressed if you read the latest headlines. ‘Business confidence hits a new low.’ ‘UK heads for triple-dip recession.’


Year End Tax Planning – Corporation Tax

19th February 2013 | Written by In Accountancy | Categories : News
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Whilst the end of the tax year on 5th April 2013 does not always tie in with the year end of the company, several tax planning opportunities are available which can be put in place prior to the end of
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Year End Tax Planning – Personal Tax

19th February 2013 | Written by In Accountancy | Categories : News
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In financial services, the approach of Spring means two things: the Budget (20th March this year) and the end of the tax year on Friday 5th April. This article gives some suggestions on financial planning steps to consider before the
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Is your tax code correct?

19th February 2013 | Written by In Accountancy | Categories : News
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With another new tax year fast approaching, HMRC have begun to issue tax codes to employers and employees for the coming year. It is important that you check these codes as they are generated automatically from HMRC’s database and will
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Higher rate pension savers missing out on tax relief

24th January 2013 | Written by In Accountancy | Categories : News
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Figures from HMRC show that 55 per cent of the estimated 900,000 higher rate taxpayers in the UK contribute to defined contribution pension schemes. They have an average salary of £51,580 and make contributions of £425 each month on average.
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Fancy a challenge? Opening a small business will definitely give you that…

24th January 2013 | Written by In Accountancy | Categories : News
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In owning and managing your own small business, the responsibilities and demands fall largely on one person – the owner. You may employ workers and involve your nearest and dearest but the responsibility for achieving success or carrying failure largely
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The HMRC Direct Sellers tax campaign

24th January 2013 | Written by In Accountancy | Categories : News
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Direct selling involves selling directly to customers without the need for a shop. Selling can involve demonstrating a product in a customer’s home, sometimes at a party, while some agents sell door to door, often using catalogues. Direct sellers take
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Have you completed your tax return online?

17th January 2013 | Written by In Accountancy | Categories : News
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Recent legislation changes have led to HMRC being given more power than ever before when it comes to penalising the tax payer and they have wasted no time in utilising these new powers.


Ten ways to cut Inheritance Tax liability

3rd January 2013 | Written by In Accountancy | Categories : News
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As a starting point, every individual is entitled to a nil rate band, under which no inheritance tax is payable. For the current tax year, the nil rate band is £325,000. Any inheritable assets over that threshold figure can attract
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If tax avoidance is legal, why is it such a hot topic?

31st December 2012 | Written by In Accountancy | Categories : News
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The traditional British view of tax evasion and tax avoidance is black and white: tax evasion is illegal, while tax avoidance is legal. In this time-honoured view, there was even a sense that, while tax evasion was clearly wrong, there
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Banking and tax planning for moving abroad

31st December 2012 | Written by In Accountancy | Categories : News
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Overall, the number of British people moving to live abroad is still rising, with about 10% of British people now living overseas, according to Government figures. If you are there already or are thinking about moving abroad, your financial arrangements
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