Tax planning – is now the time to consider this?
Date posted: 8th Feb 2023
You know that feeling – the one after a large chunk of your personal monies are sent to HMRC…. Is it time to make a late new year’s…
Date posted: 8th Feb 2023
You know that feeling – the one after a large chunk of your personal monies are sent to HMRC…. Is it time to make a late new year’s…
Date posted: 8th Feb 2023
A report into the funding of academies in England has revealed the financial challenges of a huge increase in energy bills and high inflation impacting the sector. The…
Date posted: 1st Feb 2023
Entrepreneurship runs the risk of being stifled in the UK if proposals surrounding financial reporting become enshrined in law, warns a North East business expert. Martin Hobson, Director…
Date posted: 1st Feb 2023
A group of North East Businesses have voted for a rise in interest rates by a majority of four to three. The group highlighted factors that are currently…
Date posted: 11th Jan 2023
As we begin 2023 and with household finances stretched, Lee Watson, partner at Clive Owen LLP, considers whether is it time to finally consider undertaking that tax planning…
Date posted: 9th Jan 2023
At the Autumn Statement, HMRC were given a further £79m to continue to tackle tax avoidance and evasion. HMRC believe that this will raise a further £725m in…
Date posted: 9th Jan 2023
Whilst the new tax year is a few months away, we felt it was a worthy time to remind taxpayers that the capital gains tax allowance for 2023/24…
Date posted: 9th Jan 2023
Sometimes it is obvious that a trade is being undertaken – a plumbing business, a manufacturing business, an accountant or solicitor are all ‘trades’. However, not all trading…
Date posted: 9th Jan 2023
Business Property Relief (BPR) is an attractive inheritance tax (IHT) relief potentially providing 100% tax relief in respect of qualifying assets (termed ‘relevant business property‘) relating to both…
Date posted: 9th Jan 2023
The Construction Industry Scheme (CIS) is a tax deduction scheme under which tax is deducted from payments made to subcontractors for construction work unless the subcontractor is registered…