Making use of the transferable residence nil rate band
There are two nil rates bands for inheritance tax – the nil rate band of £325,000 and the Residence Nil…
Practical guidance from Makesworth’s chartered accountants to help you make informed financial decisions.
There are two nil rates bands for inheritance tax – the nil rate band of £325,000 and the Residence Nil…
Although it is possible to transfer assets between spouses at a value that gives rise to neither a gain nor…
When it was first introduced in 2000, the Enterprise Management Incentive (EMI) scheme had an initial life expectancy of around…
The government is currently undertaking a fundamental review of the current business rates system, including ideas for possible change and…
Repayment of student loans is a shared responsibility between the Student Loans Company (SLC) and HMRC. Employers have an obligation…
The VAT Flat rate scheme is a simplified scheme for smaller businesses. Under the flat rate scheme, VAT-registered traders pay…
The Coronavirus Statutory Sick Pay Rebate Scheme allows smaller employers to reclaim some or all of the Statutory Sick Pay…
The 2020/21 tax year comes to an end on 5 April 2021. The last few months of the year are…
The transition period for the UK leaving the EU has ended. The EU and UK have struck a trade deal,…
The self-assessment tax return for 2019/20 must be filed by midnight on 31 January 2021. If you miss this deadline,…
This year has been difficult for many and landlords may not have been able to secure the full market rent…
A landlord running an incorporated business is likely to need to use their own car for the purposes of the…
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