20 Mar 2019 | Firm News, Payroll
P11D – Employers return of Directors / Employee’s Expenses and Benefits in Kind It is time to prepare the Forms P11D and P11D(b) for the 2018/19 tax year. The forms are the employer’s responsibility. They are required for directors or employees who are provided with...
14 Mar 2019 | Firm News, Government and Budget
Chancellor of the Exchequer Philip Hammond presented his Spring Statement to Parliament on Wednesday 13 th March; the wider implications of which are sure to impact upon SMEs across the UK. The Chancellor announced a while ago that the Spring Statement would not be a...
12 Mar 2019 | Audit, Firm News
A couple of recent events reminded me of two old friends of my misspent youth studying Greek. The Greeks are a pessimistic lot. If someone displayed Hubris, i.e. an over-weaning pride and arrogance, then they were asking to excite the jealousy and wroth of the Gods...
12 Mar 2019 | Firm News, Self Assessment
HMRC have recently advised that they have delayed issuing penalty notices to taxpayers who failed to file their 2018 Self-Assessment Tax Returns by the 31 January 2019 deadline. Their reason? – to free up call-centre staff for Brexit queries. Please note that...
6 Mar 2019 | Firm News, Personal Tax Planning, Personal Tax Planning Guide
In the 2018 Autumn Budget, the Chancellor announced some changes to the Entrepreneurs’ Relief rules, which would have affected companies with alphabet shares or different classes of shares. However, following consultation with professional bodies, the Government have...
6 Mar 2019 | Firm News, Personal Tax Planning, Personal Tax Planning Guide, Property Services, Property Services Guide
4 Options Available: Giving a gift of cash Buying a property together Setting up a trust Buying through a company Giving a Gift of Cash You can make a gift to your child which if unconditional, is free from tax at the point of transfer. This will allow your child to...
