• news-self-assesment

    Tax Diary January/February 2018

      1 January 2018 – Due date for corporation tax due for the year ended 31 March 2017.   19 January 2018 – PAYE and NIC deductions due for month ended 5 January 2018. (If you pay your tax electronically the due date is 22 January 2018)   19 January 2018 – Filing deadline for […]

    in News on February 16, 2018 Comments 0
  • news-euro

    CGT opportunities?

      This is also an appropriate time of the year to consider your capital gains tax position if you have already disposed (or are considering a disposal) of an asset subject to CGT before 6 April 2018.   Most of our readers will be aware that they can make chargeable gains of up to £11,300 […]

    in News on February 12, 2018 Comments 0
  • news-dividends

    Sole trader or incorporated?

      From April 2018, the £5,000 tax-free dividend allowance is reducing from £5,000 to £2,000.   Does this mean that converting from self-employed to a limited company arrangement to save tax and NIC is no longer a viable option? Readers who have adopted this strategy will have likely seen a reduction in taxes due thus […]

    in News on February 9, 2018 Comments 0
  • news-tax

    Happy New Year…

      Let us hope that 2018 presents opportunities to build our business interests and improve the financial position of our families. Certainly, there were many changes last year, not least the ongoing implications of the Brexit vote, that have proved to be challenging and not only for the politicians.   A reminder, as we look […]

    in News on February 7, 2018 Comments 0
  • news-time

    Managing change

      In business, change is inevitable. The business landscape is constantly evolving and how effectively you manage change can determine the success or failure of your firm.   Communication is Key Any time there is a major change in a business, there will be a natural dip in productivity levels as people react and adapt […]

    in News on February 5, 2018 Comments 0
  • news-label

    Value is not the Same as Price

      In order to create an effective pricing strategy for your products or services, you need to understand your customer’s perceived value of your offering.   Value is a complex issue. Different customers perceive the value of a product or service on factors varying from quality through to brand equity, ethical considerations, environmental sustainability and […]

    in News on February 2, 2018 Comments 0
  • news-work

    No Indexation of Company Gains after December 2017

      Indexation allowance was introduced in the 1970s to provide relief from paying tax on inflationary gains based on increases in RPI. The relief was abolished in 1998 for individuals and trusts, and replaced with taper relief. However, it was retained for companies. The Autumn Budget announced that indexation for corporation tax would cease for […]

    in News on January 31, 2018 Comments 0
  • news-business

    Key Business Trends to look out for in 2018

      Blockchain and cryptocurrencies A blockchain is a digital, decentralised, public ledger of all cryptocurrency transactions. Blockchain is a way of bringing trust and transparency to the way businesses operate online, while mitigating many of the weakest points in existing processes. Cryptocurrencies such as Bitcoin are receiving a lot of press coverage. These online, digital […]

    in News on January 29, 2018 Comments 0
  • news-car

    Advisory Fuel Rate for Company Cars

      These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 December 2017. Where there has been a change the previous rate is shown in brackets.   Engine Size Petrol Diesel LPG 1400cc or less 11p 7p 1600cc or less 9p 1401cc to 2000cc 14p (13p) 9p (8p) 1601 […]

    in News on January 26, 2018 Comments 0
  • news-house

    Relief from Additional 3% SDLT Charge

      Much of the focus in the Autumn Budget on Stamp Duty Land Tax (SDLT) concerned the abolition of the duty for first time buyers of property up to £300,000. There was also welcome news for those involved in other property transfers where the 3% supplementary SDLT charge potentially applies when an interest in a […]

    in News on January 24, 2018 Comments 0