Are you aware of the changes to the way property income is taxed?

As a property owner who is letting residential properties as an individual, in a partnership or a trust, you need to know that the income tax relief on your mortgage interest payments is gradually (over the 4 years from April 2017) being restricted to the basic rate...

Making Tax Digital – The End of the Tax Return!

What is “Making Tax Digital”? Making Tax Digital (MTD) is a government initiative to modernise HMRC’s tax system, with the aim of making the whole process of administrating tax simpler and more efficient. All of your tax information will be in one place (your digital...

Your guide to surviving a tax investigation

No matter how careful you are with your tax affairs, there’s no escaping the possibility of a tax investigation. You could be the world’s most responsible person when filing your self-assessment, but the fact that HMRC randomly selects individuals to investigate is...

Incorporation – is it still the best way of trading for me?

As a business owner, you’ve put a lot of time and effort into setting up and launching your company. At the time, incorporating your business and becoming a limited company might have been an attractive option: Separation of your personal and business finances,...

Inheritance Tax Planning for Business & Property Owners

As a business or property owner, you’ve spent some time deciding on your long-term objectives and there comes a time when you’re ready to make decisions that will benefit your family later in life. With this in mind, it’s never too early to begin to plan your estate,...