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Tax Tips & News


The war on property investors goes on.

For those that were not aware the Finance Act 2016 received Royal Assent last month. One of the more interesting items that got through the Finance Bill without little fanfare was the changes to UK property development/land transactions. In effect the Finance Act confirms the tax treatment of UK land/property is subject to income tax…Read More

What can Business Learn from GB’s Olympic Success?

Many people think that Lottery money was the reason for our success – new facilities, the ability to train harder without fears of how to pay the bills.  This was only a small part of the answer. I heard a radio item over the weekend where one of the guests pointed out how British athletes were now…Read More

VAT Partial Exemption Challenges

An interesting read regarding VAT Partial Exemption Challenges

Has your bank fallen out of love with you?

If you have been asked to close your bank account and do not know why, you may have been the victim of a state-sponsored injustice. Under the guise of the anti-money-laundering regulations, banks have been getting away with all sorts of incompetence, resulting in innocent people being declared potential criminals behind their back and without…Read More

Phew, another torrid week in the markets is over!

How was it for you? Scary or just more noise in the sea of life? I have been investing in my own share portfolio and sipp for over a decade now and one thing I do is to keep all the shares I have bought and sold in one spreadsheet with market prices updated either…Read More

HMRC Phishing season opens

As ten million people prepare to complete their tax returns online in January, British citizens are being bombarded with scams. To read the full article click here . If you need help with your tax return contact us on 01438 811771

Is your accountant real?

These days it appears that anyone can be an accountant.  Have you asked the right questions before signing up or was the marketing material compelling? As a business owner, you need to be sure that your accountant knows what he is talking about. There are franchises who claim to enable anyone to be an accountant…Read More

Freedom from Paperwork?

Do you find that administration and paperwork (bookkeeping etc) are seriously affecting, for the worse, your ability to develop and grow your business? In answering this question we should look to Adam Smith, the famous economist and philosopher. He made a point that we have often forgotten. In his famous book the Wealth of Nations,…Read More

Get lost recession – enough now

They called it the ‘Great recession’ and it was one of the hardest and longest recessions to ever hit Britain – six years in fact. The Government claim that Britain will have the fastest growing economy in the world this year. But this is not necessarily good news for those businesses which have survived the…Read More

Have more fun runing your business

Can you imagine how great it would be if taxes never existed? But that is not going to happen, because we need taxes – nobody will disagree that all of us need to contribute to building hospitals or running schools. So why is it then that the word tax immediately has a negative connotation? Well…Read More

Are we better off in 2014 after the Budget?

A business contact said to me recently he thought he was better following the budget and asked me if I agreed. my reply was as follows: As I am never sure what my income is each year, I do not know the answer to the question.  However in the round, I would say it depends…Read More

HMRCs licence to help themselves

HMRC have been granted permission to dip in and out of people’s bank accounts to recover tax and tax credit debts directly from debtors’ bank and building society accounts, including ISAs. If you think this is going to target the big boys who owe millions, then you’re wrong. The Direct Recovery of Debts will focus…Read More

Is A Cloud Accounting System for You?

This is not a simple issue. We can offer a cloud accounting system and can show people at least 2 or 3 others. Like all things in life, the value of these offerings is very much determined by what one wants out of them. The system we provide comes with INTEGRATED payroll and P11d plus…Read More

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