Hourly Rates and charges
When we quote to complete a piece of work, this is based on how long the work will take at the hourly rate of the person completing the project. There may be ad hoc queries that need answering in a…
End of year tax planning
As the 2021/22 tax year draws to a close, there are some simple tax planning opportunities that you may want to take advantage of before the possibilities end on 5 April 2022. Income Tax free allowances Making sure that you…
The end of the tax year is nigh!
Believe it or not, Spring is here! Whilst a new tax year is not widely celebrated it does mean that tax opportunities for the year about to end will only remain available for a short while longer. The current tax…
The SDLT headache isn’t just limited to the additional rate
In recent newswires we have talked about the Stamp Duty Land Tax (SDLT) headaches that the additional rate has brought in. However, this is not the only issue that buyers should beware of. SDLT legislation is complex and the Government…
The tax advantages of a QNUPS as an alternative form of pension
For UK resident individuals that have fully utilised their lifetime allowance or don't have sufficient annual allowances to add to a UK pension, consideration should be given to the QNUPS: the Qualifying Non-UK Pension Scheme. QNUPS are a creation of…
Reguarly share a slice of your surplus income and save IHT
Last year seemed to be a particularly bad one for the entertainment industry and public alike as we lost so many talented entertainers including Sir Terry Wogan, David Bowie, Caroline Aherne, Alan Rickman, Victoria Wood and Ronnie Corbett amongst notable…
The Autumn Statement 2016
On Wednesday, Philip Hammond, Chancellor of the Exchequer, delivered his first and last Autumn Statement. It makes sense to move the Budget to Autumn to ensure that any legislation is in place before the start of the tax year so…
Inheritance tax (IHT) and Estate Planning
The biggest policy here has been that to increase the nil rate band (NRB) to £1m for couples. The problem has arisen because IHT was only ever meant to be a tax on the very wealthiest in society; but the…