All change: tax on land transactions
The government estimates that it has cut SDLT for 98% of people purchasing property, but anyone buying a more expensive home – one costing over £937,500 – will pay more than previously.
Shared parenting arrives
Parents can take shared parental leave (SPL) where an employee’s baby is due after 4 April 2015. With SPL, parents can take leave together or separately, and leave can be stopped and restarted, with a return to work in between.
Pension income – making the most of it
As people were preparing for ‘pension freedom’ from 6 April 2015, the Budget brought yet more changes to pension planning with a proposed cut in the lifetime allowance from £1.25 million to £1 million from April 2016.
Curtains for the annual tax return?
Millions of taxpayers will no longer have to make annual tax returns if plans outlined in the Budget come to fruition. What could this mean for you?
Marketing – the 7 P’s
The 7 P’s are an effective way to consider other areas of your business marketing other than just promotion. It takes into account Product, Price, Place, Promotion, People, Process and Physical Evidence for a rounded view to grow and develop your business.
CGT: How working at home triggers CGT
Using a room in you home for business purposes can trigger CGT when making a profit upon sale. There are certain actions to ensure you can still claim the full tax relief though leaving you exempt from CGT.
Taking money from a pension – watch for tax
The Pension Reform issued new rules from April 2015, meaning more flexible options for pensioners to withdraw from their pension after age 55. Watch out for tax though and how it could affect your tax credits and state benefits, if applicable.
Building lifetime relationships with your patients
Do you know the value of your good patients and how through building lifetime relationships with them you can increase your patient retention and attract new, similar minded patients?
