Starting a business
Starting a business Download PDF Britain is a nation of fearless entrepreneurs, but the likes of Richard Branson and James Dyson didn’t go from rags to riches instantly What you need to know before launching a startup. Britain is a nation of fearless entrepreneurs, but the likes of Richard Branson and James Dyson didn’t go […]
Budget 2018
Budget 2018 – Is austerity finally coming to an end? Download PDF Business Small retail businesses in England will see business rates reduced by a third. The annual investment allowance is to rise five-fold from £200,000 to £1 million for two years. Reforms to individuals working under IR35 are to be extended to the private […]
October 2018 – Newsletter
October 2018 – Newsletter Download PDF Chancellor mulls abolishing dividend allowance The Treasury is reportedly considering abolishing the dividend allowance in Autumn Budget 2018. The Daily Telegraph claims Chancellor Philip Hammond has business owners, directors and shareholders in his sights to help fund a Government pledge to increase spending on the NHS. Hammond cut the […]
Capital gains tax planning
Capital gains tax planning Download PDF How can you reduce your capital gains tax bill in 2018/19? Whether you’re a buy-to-let landlord, a shareholder, an art dealer or you fall somewhere in between, the chances are you will be familiar with paying capital gains tax (CGT). CGT is payable when you ‘dispose’ of a certain […]
August 2018 Newsletter
August 2018 – Newsletter Download PDF Contractors criticise ‘flawed’ IR35 test A contractor group has slammed HMRC for omitting mutuality of obligation in an online tool designed to assess an individual’s employment status. Mutuality of obligation requires employers to provide ongoing work for an employee, who then has an obligation to perform that work. In […]
June 2018 Newsletter
June 2018 – Newsletter Download PDF Tenant fees ban set to cost landlords £82.9m A new ban on tenant fees could push costs of more than £80 million onto landlords, government figures have shown. The tenant fees bill, which was published on 2 May 2018, includes a ban on all fees charged to tenants apart […]
May 2018 Newsletter
May 2018 – Newsletter Download PDF Smallest firms hit by higher pension costs Startups and the smallest businesses are having to absorb higher pension costs as the new tax year gets under way. The Federation of Small Businesses (FSB) warned that the doubling of minimum employer contributions into workplace pensions from 6 April 2018 will […]
April 2018 Newsletter
April 2018 – Newsletter Download PDF More workers aim to become self-employed The number of people who are planning to become their own boss has almost doubled in the past year, according to research. Aldermore polled 2,003 adults and found that 29% aim to start their own business in the future – up from 15% […]
Spring statement 2018
Spring statement 2018 A statement with few announcements Aside from updated economic forecasts, the rest of the chancellor’s attention focused on policy consultations – some new, others previously announced. These consultations may feed into Autumn Budget 2018. Upcoming changes Income tax rates The bands and rates at which people in Scotland pay income tax have […]
January 2018 Newsletter
January 2018 – Newsletter Disincorporation relief to end in March 2018 Disincorporation relief will not be extended beyond its 31 March 2018 expiry date. The relief was introduced in April 2013 in a bid to remove the tax burdens when small business owners want to change from a limited company to a sole trader or […]