IHT: Clampdown by HMRC on IHT avoidance

October 29, 2014

HMRC are taking serious measures to ensure that new tax avoidance schemes relating to Inheritance tax are nipped in the bud.

CGT: Practical points around private residence relief (PRR)

October 27, 2014

Just by occupying a property for a period of time, may not be enough to qualify it as your private residence.

PROPERTY: What can you claim against your rental income?

October 24, 2014

What can you claim against your rental property income to maximise tax relief? Are you allocating costs correctly as “capital” or “expenditure”?

Could you be forced to pay disputed tax up-front?

October 22, 2014

HMRC have been given new powers to demand tax upfront from those involved with tax schemes. If an accelerated payment notice is issued, the taxpayer has 90 days to make payment.

National minimum wage to change

October 17, 2014

The National Minimum Wage rates will increase from 1 October 2014.

Setting business goals for the second half

October 13, 2014

For most doctors and dentists this is “half time” for their financial year, so it’s a good month to baton down the hatches and reassess your strategy. Time to review your first half performance and plan for the second!

Incorporation – why it is vital to get it right

October 10, 2014

The vast majority of the dental and medical clients at Figurit trade under a limited company structure, which can help maximise tax breaks. Getting the structure right from the start though is absolutely vital.

Get your head in the cloud – save time and money using Cloud Technology

October 8, 2014

When people talk about “The Cloud” is it just something way over your head? Cloud Technology can save businesses considerable time and money as well as other benefits.

Mini guide to your monthly PAYE commitments

October 6, 2014

Payroll regulations are constantly changing. Figurit have put together this mini-guide to detail some useful facts, figures and dates for your reference to help you keep above board with your payroll commitments.

Announcement of the Autumn Statement date

October 3, 2014

The Autumn Statement will be presented on 3 December 2014. Less than six months before the general election – it should be an interesting one!