There is no hiding from the fact that huge changes to the tax system comes into effect from April, the introduction of the Personal Savings Allowance and the Dividend Allowance, will see radical changes to individuals tax bills, across all tax bands. Many will find their employment income reduced, due to changes to tax codes, […]

It is expected that the chancellor will announce in the Budget on the 16th March 2016 a flat rate tax relief on pension contributions. This has come under a lot of scrutiny from many financial professionals but is seen as the lesser of two evils when considered alongside a ‘Pension ISA’. The chancellor is considering

Every new business should have a business plan. It is the key to success. If you need finance, no bank manager will lend money without a considered plan. It is one of the most important aspects of starting a new business. Your plan should provide a thorough examination of the way in which the business

Key Changes & Updates for IndividualsThe biggest surprise after announcing in the last budget that there would be cuts to tax credits was the decision to keep the current regime, it had after all faced fierce resistance from both houses. The Chancellor did however make some changes to the benefits & tax system for individuals.

The UK property market, whilst not at its strongest, remains an attractive investment, especially in comparison to the currently inconsistent stock market. Buy to let is the investment into a property with the expectation of capital growth, with the mortgage costs covered through the rental income received from tenants. However, investors must be wary and

This week saw the launch of our Focus on Business seminars. Our first seminar highlighted some of the legal and financial sides of running a business. The event took place at the Gravesend Best Western Hotel on the 21st of May as a breakfast session, where attendees were treated to breakfast and coffee as well

The distribution of shares is becoming an increasingly popular incentive which companies are regularly using to recruit or retain staff. It offers an attractive alternative to cash bonuses and according to new research in the UK and USA, it can also increase the productivity of your staff. Employees can obtain shares in their company without

Over the years HMRC has introduced a number of VAT schemes helping small businesses reduce the burden of administrative duties. The annual accounting scheme means companies are only producing one VAT return a year, in comparison to the usual four. Instalments still need to be paid throughout the year based on the business annual liability.

The Construction Industry Scheme (CIS) sets out special rules for tax and national insurance (NI) for those working in the construction industry. For those contractors and subcontractors it is important to understand and comply with the regulations set out by the HMRC. The deadline for submission is 14 days after the end of the tax

On the 10th of September 2013, we will be holding our biannual seminar, this time focusing on Cost Conscious Growth. The event will be held in Gravesend, Kent – featuring a welcome breakfast on arrival, key speakers, and the opportunity to network with other industry professionals over drinks. A morning and evening session are available