Category Archives: Blog

It is essential to renew claims as money is not paid automatically. For parents of 16 to 19 year olds in approved education or training who have not yet extended their claim, child benefit payments will stop from 1 September. The benefit is paid for children who are studying full time in schools and colleges, […]

The road that I live in, over the last few years, people have been splitting up their land to build additional houses. This will normally mean they have been approached by a builder to sell part of their land to build these houses.  The seller of the land would expect to be covered by the […]

Following this weeks budget, we have prepared this short video to take you through the information for both individuals and businesses. If you have any questions regarding the budget, or any accountancy matters, please give us a call today on 01245 326280

Most people are claiming child benefit but you may fall into one of the below areas where you have not done so: Spouse/partner earns over £50,000 and that person does not want to claim child benefit because of the claw back form the High Income Child Benefit charge Both parents work but have not claimed […]

You can claim some of the costs of running your business from home. These costs include: • Heating• Electricity• Mortgage interest or rent• Rates Add up these costs for the year and assuming the rooms are of equal size then divide the total by the number of rooms. If the rooms are not of equal […]

AUTUMN STATEMENT – 22 NOVEMBER 2023 Mind your headroom In the weeks leading up to the Autumn Statement, the press was full of speculation about tax cuts. This was a surprise, just over a year after the tax cuts announced by Kwasi Kwarteng were judged imprudent by the international markets, contributing to a fall in […]

If the employee is given an electric company car, then there is no benefit in kind for charging the vehicle at work. However, if you charge the electric car at home and the employer agrees to reimburses you, the cost of electric, then do not accept an estimated round sum payment as this will be […]

Aren’t all accountants qualified? This may sound like a very odd question but we come across a number of new clients who, when asked, always say their previous accountant is qualified without giving it a second thought.  On investigation this is not always the case as the word ‘accountant’ is not a legal term.  You […]

We were recently approached to advise on the capital gains tax position of a share disposal. Background Mr A had paid a minimal sum for a 5% shareholding when he first started to work for a new startup company, some 20 years ago.  The company had grown in value over the last 20 years but […]