Category: News Articles

  • New Marriage Allowance Tax Break

    From 6th April this year the new Marriage Allowance is a tax break available for more than 4 million married couples and 15,000 civil partnerships.

  • Do You Work From Home?

    Do you work from home? Are you aware that you can claim a variety of costs from HMRC? Most people working from home have claimed the £4 per week allowance based on HMRC guidance, but this has now been updated.

  • Changes to Pensions – How Much Tax Will You Pay?

    From April this year it will be possible to take money purchase pensions benefits as virtually any mix of lump sum and income. The details are still being worked out but many people are not aware that there are tax implications to this.

  • Income Tax Relief on the Seed Enterprise Investment Scheme

    New businesses often struggle to find investors at the time when they really need funds. The Seed Enterprise Investment Scheme (SEIS) is designed to help small businesses raise equity finance through tax reliefs to investors who purchase shares in the company. It is very appealing to investors due to this generous tax relief.

  • Want to be your own boss? New funding from the government

    As part of the government’s scheme to find and keep people in work they have introduced The New Enterprise Allowance. This is funding which will help people start their own business if they are on certain benefits and have a good business idea which would work. Already the scheme has resulted in: – around 53,000…

  • New Rules About Wills and Inheritance Tax

    There has recently been an announcement about new rules surrounding wills and inheritance tax (IHT). The rules make the legal situation more clear and precise, so it’s a good idea to ensure you have a will, chose your executors wisely, and let your close family members know you have a will.

  • Real Time Information – We’re Not Ready!

    HM Revenue & Customs has had to postpone a major overhaul of payroll taxes because small businesses have complained that they’re not ready. Real Time Information or RTI was originally introduced for employers to provide information about tax and National Insurance each time they pay an employee, instead of annually – due in October this…

  • Self-Employed and Need a Mortgage?

    Obtaining a mortgage used to be reasonably straight forward but recent changes mean lenders want to see strong proof of income plus the ability to keep-up mortgage payments if interest rates rise.

  • Are You a Pressure Cooker?

    Are you about to explode because of the stress of running your business? More than two-thirds of entrepreneurs say running a business is more stressful today than it’s ever been.

  • Are Pop-Ups Causing A Retail Revolution?

    Many seaside towns, including several nearby, are suffering from empty shops and deserted high streets. This destroys the atmosphere of our towns and give the impression of shabby, uncared for shopping areas. But, a retail revolution, stimulated during the recession, is gathering pace and could contribute £2.1bn to the economy this year, a study forecasts

  • Lack of Mentoring Could Be Harming Business Growth

    We’ve discovered that a lack of mentoring in the UK is holding back five million small and mid-sized British businesses (SMEs) from achieving growth and contributing to the economy. These business are twice as likely to fail in five years’ time than those who follow the advice of an experienced advisor.

  • Will Inheritance Tax Make The Elderly Move Abroad?

    Could UK Inheritance Tax Make The Elderly Move Abroad? We recently informed you about changes to Inheritance Tax rules. We have now uncovered fears that elderly people could be driven overseas by a Government clampdown on the use of trusts to prevent their assets being swallowed up by inheritance tax.