CGT: Buy your children a home and avoid the tax
March 12, 2015
Are you interested in a legitimate way to reduce or eliminate Capital Gains Tax (CGT) on the sale of a second home, whilst providing your children with a roof over their head?
020 7376 9333
info@figurit.com
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CLIENT TESTIMONIALS
“I have been a client of Figurit for nearly 15 years. I was first introduced to Michael Lansdell when incorporating my dental practice and he and his team have looked after me through this entire period with the utmost professionalism. Michael is obviously excellent at what he does. As well as consistent service, Michael and his team, Louis, Chloe, Katie and the others add a human element and almost family-like support. They are not only there during the good times. During the global recession during 2008-2011 and the recent COVID-19 global lockdown, they have provided reassuring and diligent support at a time when it might have been easy to panic. I am indebted to them for their pro-active advice and generosity of time and rapid personal support as if I were their only client. I would wholeheartedly recommend Figurit to any practice owners who require a dedicated dental accounting team to look after their best interests, and am very grateful to them for their advice and guidance over the years”
2015 Business Plan Template – Free Download
March 6, 2015
Don’t leave your business to chance this year, create a Business Plan to guide your business to better profit levels with a clearer strategy. Use our Free Download to get your thoughts onto paper and give yourself targets to keep you on track through the year.Manage your time to maximise your profits
March 2, 2015
Feel like you’re lacking in time? Time management is essential for a productive and profitable business. Fortunately, there are lots of practical tips and tools to ensure you are using your time effectively and in turn, maximising profits.TAX: HMRC plan to remove £100 penalty for late filing
February 25, 2015
HMRC are proposing a change, they’re making plans to abolish the automatic £100 late filing penalty for self-assessment and focusing on charging higher interest on tax debt instead.PROPERTY: Is your rental property let at market rate?
February 18, 2015
How much you charge for the rent on your property is largely up to you. If you are not letting your rental property for the correct market rate, there may be consequences to what expenses you can claim for.PROPERTY: Consider how you split your rental profits
February 16, 2015
If you own a property jointly, it may be worth considering the best split of income for tax planning – the typical 50:50 basis may not be the best option.TAX: Class 2 NI to be paid via self-assessment
February 13, 2015
Class 2 National Insurance contributions will no longer be paid by direct debit, and instead will make up part of the self-assessment tax calculation – a step to help reduce the tax administation for small businesses.HMRC target the wealthy for tax avoidance
February 11, 2015
HMRC continue with their quest to close the gap between the tax that is due and the tax that is paid in the UK. The HMRC Affluent Unit has just widened its bracket for whom to target for inspection, are you at risk?Training & CPD – what can you claim for tax?
February 9, 2015
Most doctors and dentists have a CPD requirement each year. What are the rules on claiming tax relief for ongoing education, training seminars and CPD? There are one or two grey areas that need a little unravelling.Car ownership – what is best for tax relief?
February 5, 2015
Should a vehicle that is used partly for business and partly for personal journeys be owned by the limited company or the individual for maximising tax benefits? There are some general rules that apply and the tax savings can be significant.
