With the new style ISA (the NISA) coming into play from 1 July 2014 there were concerns that the banks would not be ready for a surge of enquiries. But they are! There are many benefits to the NISA as a means to invest.

A quarter of small business owners spend half their working day on admin related tasks such as HR and finance, rather than spending time focusing on growing their business. Sound familiar?

Are you a practice owner? Often, a director will personally own the property from which their business trades and rent it out to them, resulting in effective extraction of profits to the business owner.

Ever received your financial accounts from your accountant and puzzled over some of the terms? Not to worry, this is common. This article sums up some of the key terms you will see on your Balance Sheet Statement and accompanying pages.

Being a shareholder of your own or family limited company can pay dividends (literally) when it comes to saving tax but how to extract your hard earned money takes more thought than when you are simply a sole trader. Many dental practice owners, dental associates and medical consultants opt to trade as a limited company so it’s always a topical subject and with dividends, salaries and bonuses to take into account, as well as the opportunity for capital extraction, careful tax planning is essential.

Junior ISA’s (JISA’s) are an increasingly popular, tax efficient way to save for the future of your children. In the last two years over £550 million has been invested in JISAs. Have you considered it as an option for your family?

Whether you are a medical consultant, dental associate or dental practice owner, the process of starting self-employment can be daunting. This article presents a “to-do” checklist plus links to essential forms to get you started on the right foot. Figurit also offer a FREE “Starting in Business” booklet with 12 easy-to-read chapters detailing the key things for you to consider from a tax perspective.

If your now rental property was once your Principal Private Residence, you can claim Private Lettings Relief worth up to £40,000 per person against the sale of any gain made upon disposal.