PROPERTY: Changes to the “flipping” rules on PRR again

January 26, 2015

Principal Private Residence Relief (PRR) is available when a person’s main residence is sold and a financial gain made. New rules are coming in from 6 April 2015 for dual property owners regarding Capital Gains Tax and tax relief on the PPR.

PROPERTY: Main residence rules change again

January 26, 2015

The process of nominating a main residence where two or more homes are owned is changing from 6 April 2015. Criteria now apply to be eligible for PPR tax relief.

PROPERTY: What classifies a furnished holiday let?

January 23, 2015

There is valuable tax relief available on Furnished Holiday Lets as a genuine business. Criteria apply though so best to get informed on the details.

How to: pay your self-assessment tax bill

January 22, 2015

If you haven’t paid your self-assessment tax bill due by 31 January 2015, interest will be added. Read more for the many ways to pay or contact the team if you are struggling to pay.

Growth expected for small businesses in 2015

January 21, 2015

2014 saw positive results for small business owners and 62% predict growth for their business in 2015. Is your business on target for growth this year?

Budget date set for 2015

January 19, 2015

The Chancellor has announced the date for the 2015 Budget to be 18 March 2015. If you would like a copy of our Budget Summary Report, please contact the commercial team.

Chancellor announces Budget date

January 19, 2015

The Budget will take place on Wednesday 18 March 2015. This particular budget is expected to be poignant due to the up and coming General Election just two months following. To request your copy of our Budget Summary Report, contact the team.

How to pay your self-assessment tax bill

January 16, 2015

The payment for tax liabilities to be settled with HMRC is 31 January 2015. This includes your balancing payment and the first payment on account. Struggling to pay?

The important task of financial forecasting

January 16, 2015

Do you want to make your business more successful in 2015, with more profit and a clear strategy for future years? Financial forecasting is a highly valuable tool to do this and track against actual performance throughout the year.

Buying a dental practice – 5 things to consider

January 12, 2015

Are you considering buying a dental practice in 2015? Here are 5 steps with tips to help you through the process.