Category Archives: Blog

With finance being more expensive, if you have personal savings, consider loaning your own money to your company, instead of borrowing.Set up a loan agreement with your company and then the company can pay a commercial risk rate of interest of ‘say’ 8% to you. The company will receive corporation tax relief on this paid […]

How to reclaim the additional stamp duty on your home  We had been contacted recently by an unlucky sole who had been caught out by a simple rule.  The facts are that the individual was unable to sell his existing home and therefore decided to buy a new home and to later sell his existing […]

The Autumn Budget 2024 was the first delivered by a Labour Chancellor since 2010, and the first ever delivered by a woman. Some things did not change: the objective of all Chancellors is to build a better Britain, to encourage growth, to support the NHS. The objectives Rachel Reeves laid out would not have seemed out of place in any of her predecessors’ speeches.

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 […]