With more business owners working from home, garden offices have become increasingly popular. However, the tax treatment is not always as straightforward as many people expect. If your limited company pays for a permanent garden office within the grounds of your home, the structure will usually be treated as a building rather than plant and […]
Finance
The Importance of a Will and Lasting Power of Attorney
As we get ready for the new year, many of us focus on resolutions like improving health, learning new skills, or achieving career goals. However, one critical task often gets overlooked amid personal growth and self-improvement and that is getting our affairs in order. Whilst it may not be the most exciting resolution, planning for […]
Planning for Care Home Fees
and why gifting away assets doesn’t always work Many of our clients come to us as they are worried about their future and the potential need for them to go into a care home and pay the extremely high fees. Our clients understandably seek advice on how to protect their assets and their home from […]
Jumping on the bandwidth
Home broadband is viewed as a musthave utility rather than a luxury, but finding the best deal for a good price isn’t always easy and even comparison sites need careful use.
The Importance of Updating your Will
Reviewing your Will regularly, will help ensure it is valid and reflects your current wishes…
Choosing a Financial Advisor
If you’re going to make a big financial decision, it makes sense to get help from the professionals.
Don’t Delay
If you sell a property that is not your home, for example, a buy to let property or a holiday let, you must report and pay any Capital Gains tax within 60 days of the completion date.
Making Tax Digital for Income Tax Self-Assessment – April 2024
All VAT registered businesses should now be using cloud accounting software to submit their VAT returns directly to HM Revenue & Customs. From April 2024 all self-employed businesses and landlords with a gross annual income of over £10,000 will have to follow the rules for MTD
Living Together
Have you moved in with your partner or are considering it? There are many people who believe that if you simply live with a partner for a fixed period of time, say five years, you become a “Common Law” husband or wife. This is wrong. Many people assume that if they live with someone for […]
