Posted by Ben Locker on September 15, 2017
Have you heard of David Ogilvy? He’s the man who started off selling Aga stoves and went on to found what became the largest advertising agency in the world. Ogilvy succeeded because he knew how to put himself in other people’s shoes.
Posted by THP on September 13, 2017
In recent years, HMRC enquiries have been on the rise, with firms and individuals being investigated at random for compliance and accuracy of their returns.
Posted by Jon Pryse-Jones on September 11, 2017
George Osborne may now be having the time of his life in his dual role as editor of London’s Evening Standard and Theresa May’s nemesis, but his work as chancellor certainly lives on.
Posted by Jon Pryse-Jones on September 8, 2017
If you let properties to tenants, one of your first steps is likely to be to tell the taxman all about it. After all, you don’t want him slapping you with a chunky fine that all but wipes out your rental income, do you? Sadly, some landlords think differently.
Posted by THP on September 6, 2017
Choosing a business structure Choosing the best structure for your business may not seem like the primary consideration when you are starting out but this decision can have a huge impact both on your personal risk and the size of your tax bills.
Posted by THP on September 4, 2017
With the new data protection rules (GDPR) coming into force in May 2018 and a number of high profile data breaches reported in the media recently, a lot of emphasis is being placed on cyber security and protecting your business from data theft.
Posted by Jon Pryse-Jones on September 1, 2017
This is a question we are regularly asked by clients. Usually, the conversation is triggered when we discuss their end of year accounts. Before we explain why profits are not always represented by cash in the bank, we need to define what the term “profits” actually means.
Posted by Jon Pryse-Jones on August 30, 2017
It’s distressing, but many people still die without making a Will. In legal terms, this means they die “intestate” and when this happens, their assets (or “estate” as it is known) must be shared out according to certain set rules.
Posted by Jon Pryse-Jones on August 28, 2017
Up until a few weeks ago, if you are a landlord you were going to be drawn into the requirement to upload quarterly details about your property businesses to HMRC under the Making Tax Digital proposals.
Posted by Jon Pryse-Jones on August 23, 2017
On the face of it, the rent-a-room relief is straight forward: if gross rents from letting out your room are not more than £7,500 in the current tax year, there is nothing you need to do, this income is free of tax; but beware the small print.