Major change in capital gains tax rules for landlords On 6th April 2020 capital gains tax rules change and landlords will now have just 30 days to pay any capital gains tax due. Prior to 6th April 2020 if you…
Blog Archives
Management accounts, are they a waste of time?
The Value of Management Accounts The value of Management accounts is often something that small business owners don’t understand and therefore don’t implement. Most small business owners are only interested in submitting their end of year accounts so that they…
Posted in Accountants, Tax advisory
Flat rate VAT scheme changes April 2017 – What to do about it
Flat rate VAT scheme changes background Flat rate VAT scheme changes came into effect on the 1st April 2017. HMRC have now completed their consultation phase. Below are what the changes may mean for you and the type of business…
Changes to dividend tax and contractors
Changes to Dividend tax Changes to Dividend tax came into effect on the 6th April 2016 and again on the 6th April 2018. The effect is those paying themselves dividends and a small salary are likely to have to pay more…
Posted in Tax advisory
Tax Refund Scams
Tax Refund “Notification” If you receive an e mail or text message “from HMRC” informing you about “a tax refund notification” ….or indeed anything else, it’s a scam pure and simple. DO NOT RESPOND! I have had a number of…
Posted in Tax advisory
Tax Return Accountant Service
Finance Equation Ltd tax return accountant service Self Assessment Tax Return Service. Get It Done In Time To Allow For Tax Planning & Help Us Save You Money. The following government website gives you an introduction and links to…
Posted in Tax advisory
Family Investment Company & Tax Planning
Family Investment Company & Tax Planning A family investment company and tax planning go hand in hand. Years ago trusts were a tax efficient way to deal with Inheritance tax. Changes in trust tax law means trusts may no longer be…
Posted in Tax advisory
Using a SSAS – Residential property
Using a SSAS – Residential property A Small Self-Administered Scheme is a particular type of pension scheme often used by business owners to save for their retirement, the scheme normally gives greater control of the use and investment of…
Posted in Accountants, Tax advisory
Employee Benefit Trusts (EBT) – Red Flag
Employee Benefit Trusts (EBT) – Red Flag In 2013 I wrote a blog about EBT, the main focus was for highly paid contractors. I advised in this article that people should stay away from EBT’s as they were no longer…
Posted in Tax advisory
