News

The Capital Goods Scheme for VAT

The VAT capital goods scheme affects input recovery relating to high-value assets, such as land and buildings. The scheme aims to correct the amount of VAT recovered when the use of the asset, between exempt and non-exempt supplies, in later [...]

2020-06-01T11:01:24+01:00June 1st, 2020|VAT|

Planning Redundancies

With redundancies on the rise due to coronavirus, it is important to understand how termination payments work. You might have a £30,000 tax-free figure in the back of your mind, and at first glance you are not wrong. However, new [...]

2020-06-01T11:01:24+01:00June 1st, 2020|Business|

Working From Home (#Wfh) During COVID-19

For the majority of us, lockdown has presented many challenges, one of which is working from home. While the self-employed have long been used to deducting certain expenses incurred through working at home, the same is not true for employees. [...]

2020-05-06T12:00:51+01:00May 6th, 2020|Business|

Spring Budget 2020

“Getting it done” is the soundbite Chancellor Rishi Sunak clearly wanted us to take away from his debut Budget speech, but “giving it away” might be more accurate. The Government's substantial majority gave Sunak carte blanche to overhaul taxes but, [...]

2020-05-06T12:00:52+01:00March 16th, 2020|Budget|

Employer Auto-Enrolment Issues

Back in 2012, less than half of private-sector employees in the UK had a pension scheme. Today, that figure is 85% and this huge increase is due to the successful rollout of auto-enrolment. It started with the largest companies and [...]

2020-03-09T07:41:30+00:00March 9th, 2020|Pensions|

Tax on Cryptocurrency

Since the launch of Bitcoin in 2009, cryptocurrencies have grown steadily into the public consciousness, and HMRC's too. In 2014, HMRC issued basic guidance before replacing it with comprehensive guidance more recently, that helps us better understand their stance. While [...]

2020-03-09T07:41:30+00:00March 9th, 2020|Personal Tax|

Tracing Lost Pension Plans

Helping you plan for your retirement is one of our core services, ensuring you are prepared when the time comes to call it a day. Research published last month suggested 1.6 million pensions are currently missing, with each pot worth [...]

2020-03-09T07:41:30+00:00February 3rd, 2020|Pensions|

Different Types of Business Structures

When starting a new business, what structure is best? Sole trader, partnership or limited company? As your business grows, it is important to evaluate whether the structure you started with is still the right one. There are other questions to [...]

2020-03-09T07:41:30+00:00January 10th, 2020|Business|