What is tax planning?
Tax planning is the legal arrangement of your financial affairs to ensure your tax liabilities are minimised. It is important to note this is not tax avoidance; everyone has to pay some form of tax. Whether you are self-employed, own a limited company or you’re a...
How much Capital Gains Tax is due on the Sale of a Second Home?
In April 2020, there were new requirements for the reporting of disposals of UK residential property, resulting in a change to the way capital gains are reported to HMRC. These new rules mainly affected landlords selling property, but this also applies to the sale of...
How to reduce inheritance tax including property
For many people, reducing the burden of inheritance tax (IHT) is a primary concern for their families. Currently, at the time of writing, there are various ways you can mitigate future tax liabilities, and it is also vital you have a legally binding Will in place to...
What is a company tax return?
One of the most vital legal obligations for any business owner is the reporting of tax owed. All limited companies in the UK who receive a notice from HM Revenue and Customs (HMRC) are required to complete a company tax return. All profits, spending and tax figures...
How does an accountant help a business?
There are many ways an experienced accountant can help your business, and you will usually find one behind every successful company. In today’s world of cloud accounting, an accountant uses financial technology to help businesses become more profitable and...
Crestline Client Testimonial
Crestline have worked with Charnwood since 2014 and offer Print and Design services. They appreciate: Our proactivity Having an external expert they can rely on That they enjoy working with everyone on the team They can rely on us to keep an eye on the budget and any...
HDT Client Testimonial
HDT offer HGV training and careers and have worked with Charnwood since 2013. They appreciate: Our responsive support and having us on hand to discuss matters The help we provided when transitioning the business from the previous owners Ongoing help to look at the...
Acorn Commercial Interiors Client Testimonial
Acorn provide a nationwide service in interior refurbishments, shop fitting, exhibitions and conferences, and have worked with Charnwood since 2014. They appreciate: The personal relationship they have with the team That our experts explain things in plain terms Our...