The Government’s intention is to accelerate the payment of capital gains tax on residential property. At present if you are resident in the UK and you sell a residential property you should consider whether there is a capital gain to report to HMRC. If the gain exceeds the tax-free amount (currently £11,700) or total proceeds… Read more »
Posts By: Chris Hutton
If you import from the EU, you should start preparing now in case the UK leaves the EU without a deal on the 29th March 2019. You may have received a letter from HMRC about this. HMRC has put in place transitional simplified procedures to make it easier for you to import goods. The TSP… Read more »
When someone dies it will be necessary for another person to obtain a grant of representation to access most of the deceased’s assets and administer their Estate. It is often an emotional time for the person dealing with the Estate and it can be both demanding and time consuming. Sometimes knowing where to start is… Read more »
Accountants – seems silly not to start here as that’s the day to day job and fundamentally what we are! Business Advisors – We’re not just about the numbers though – a big part of the services we provide focus around general business advisory services. We see the detail behind the scenes of your business… Read more »
We are running a workshop called “Planning a Successful Exit From Your Business” The morning will give an insight into planning a tax efficient exit from your business – whenever that may be – and is being run in conjunction with Liz Tuccy Wealth Management.
For many people an accountant is an expensive and necessary evil much like the taxes they pay them to calculate. But this does not have to be the case. The relationship between a business owner and their accountant should be just that – a relationship. There should be understanding, compassion and assistance available when required…. Read more »
THE FRIGHTENING RISE OF INTERNET BANKING SCAMS There appears to be a flourishing industry of ever more complex and sophisticated scams that are designed to divert our hard earned money from our bank account into the wrong hands. Even within our own client base we have seen a frightening increase in the number of clients… Read more »
Dave McKeon from Charnwood Accountants LLP sets out a new style of exit to add new and exciting business opportunities to owner managed business. This “John Lewis” style of exit offers a wealth of opportunity to businesses to move forward in a new and exciting style of ownership that suits modern business. Utilising an Employee… Read more »
Solicitors refer to many things as disbursements, but when it comes to VAT the definition is very specific and much narrower.
The pros and cons of being your own boss have been highlighted by Charnwood Accountants after new research revealed that almost one in seven people in the UK is now self-employed, Chris Hutton, partner with Charnwood Accountants in Mountsorrel, said working for yourself offers a wide range of benefits – but it also presents a number… Read more »