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 Categorized: Technical Team
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 »
Solicitors refer to many things as disbursements, but when it comes to VAT the definition is very specific and much narrower.
A new app designed to help businesses maximise their profit potential is being launched this week by Leicestershire accountancy firm Charnwood Accountants. The tool aims to provide companies with greater clarity on their financial performance as they plot their long-term growth. The Profit Predictor was designed so companies can simply and easily check how much money… Read more »
I’m sure you are all aware that medium and large companies require an audit but smaller ones generally do not. However, did you know that there are other options available to you regarding the level of assurance we, as Chartered Accountants, can provide regarding your company’s accounts?
Current rules state that pension annuities lapse on the death of an individual, with no value passing to their children. In contrast, drawdown pensions can be passed on to the next generation, subject to a 55% charge on the fund. We were expecting an announcement of a reduction in this penal charge in the Autumn… Read more »