Our steadily-growing financial planning team has been further bolstered by the arrival of Chartered Financial Planner Simon Lake.
HMRC have been running a Let Property Disclosure campaign for some time now and over the last 12 months more people have come to me asking for advice in making a disclosure under the scheme. Many people incorrectly think that if their expenses are exceeding their letting income that it isn't necessary to disclose their lettings on a self assessment return.
We’re thrilled to announce we’ve been shortlisted for the prestigious British Accountancy Awards, our profession’s annual “Oscars” event, in the Mid Tier Firm of the Year category!
The introduction of the “residence nil rate band” with effect from 6 April 2017 is arguably the most significant development in the inheritance tax legislation since 2007 when the then Labour Government permitted the “standard” nil rate band to be transferred to a surviving spouse or civil partner.
Making Tax Digital has been described as the biggest change in the way tax is assessed and collected in the UK in a generation with the Treasury allocating some £1.3bn to implementing it . This massive project was due to start in April 2018 with compulsory online filing of quarterly returns for many business owners and private landlords.
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