Publications
We have put together a series of useful Business Guides, available to download.
Trusts and Passing on Wealth
How to pass on wealth to the next generation.
The Capital Goods Scheme for VAT
The VAT capital goods scheme affects input VAT recovery relating to high-value capital assets. Input VAT is a tax incurred on most purchases made by VAT-registered firms, and they can usually reclaim it from HMRC in full. The scheme usually applies to partially-exempt...
Planning for Redundancies 2020/2021
With redundancies on the rise due to the coronavirus, is it time you understood how termination payments work in 2020?
Inheritance Tax Planning 2020/2021
Benjamin Franklin observed there are only two certainties in life: death and taxes, and nothing marries the two together quite like inheritance tax.
Personal Tax Planning 2020/2021
The Government left it to the very last minute to announce its tax plans for 2020/21. Fortunately, Chancellor Rishi Sunak had few surprises up his sleeve in the Spring Budget.
Tax Card 2020/2021
Download your FREE Tax Card for 2020/2021 to find out the latest changes to tax rates, allowances & legislation from April 2020.
Can you Improve your Profitability?
Identifying unrealised potential Take your profit and loss (P&L) statement, for example. In itself, it simply provides a historical record of how your business has already performed - it does not explain how to improve your performance in the future. But our...
Managing a Contractor
A number of businesses use contractors and subcontractors to carry out short-term work or to supply specialist skills on specific projects. Outsourcing work like this can be cost-effective and can make use of particular knowledge, experience and skills that may not...
Employed or Self-Employed?
The question as to whether someone is employed or self-employed is not as straightforward as it might at first appear. Many people assume they are free to choose, but HMRC state this is not the case. How do you decide? Although there is no clear-cut answer to this...
Managing Business Budgets and Finances
Introducing the discipline that finance management brings means a business is much better placed to organise and plan its development. Most financial management is relatively simple to implement, and the advantages of doing so far outweigh the time and resources...
Essential Record Keeping
Whether you are keeping your records manually, use software or are using one of the various cloud-driven accounting systems we will need access to you accounting records to enable us to complete the work on the preparation of your financial statements. Bear in mind...
Interest and Tax Payments
HMRC charges interest on underpayments of tax, and pays interest (repayment supplement) on overpayments. The rate of interest paid on overpaid tax is lower than the rate charged on underpayments, and interest rates are adjusted frequently in line with commercial...
