News & Press

Most taxpayers are familiar with the Self-Assessment system which HM Revenue and Customs (HMRC) uses to collect Income Tax from individual taxpayers. This system has been in place for many years in order for the Government to collect taxes...

So you have incorporated your new business and you have started to run your business successfully. But wait! How do you keep track of everything? In the modern world, there is less and less paper being passed around between individuals and...

All businesses face tax challenges but within certain sectors there are specific issues that are very common across many firms. The bio-tech sector is one in which there are a number of such common themes including the need to raise funds,...

With company pension schemes being in the news recently, we thought it could be useful to look at the types of schemes out there and the benefits of these schemes. There are two types of company schemes:Defined benefit schemes – also known as...

Some of us may have thought that the chancellor was in a good mood when he introduced the Personal Savings Allowance (PSA). The Government predicts that the measure will result in 95% of taxpayers not having to pay any tax on their savings...

The surprise result from the EU Referendum no doubt means a period of uncertainty and change, likely to last years, rather than weeks. Whilst the EU does not currently specifically dictate tax rates and regulation, it does impose bands and...

I have a conversation nearly every week with the owners of small and medium-sized companies about how much their company is worth.The truth is that it is only worth what someone else is willing to pay for it. However, to get a sense of what...

Now that May 31st 2016 has come and gone, if you are an employee of a company, your employer would (and most definitely) should have given you a piece of paper which detailed exactly how much you were paid in the last financial year (if not,...

No one likes the thought or process of dealing with a tax enquiry from HMRC, whether in relation to the tax affairs of their business or on an individual basis. Whilst a small number of tax enquiries are still random checks (especially in...

Many small business owners and Entrepreneur’s looks to build a business which they hope to sell, either in the short or longer term. Having an exit strategy is an important area which is often overlooked.Maximising the chance of a sale and...

In recent years, the UK Government and Mr Osborne have been trying to encourage more first time buyers to step onto the property ladder. One of the main ways in which they are aiming to achieve this is to increase the supply of housing...

The purpose of a Seed Enterprise Investment Scheme (SEIS) or an Enterprise Investment Scheme (EIS) is to help small early stage schemes companies raise equity finance by offering tax reliefs to investors. Under SEIS the maximum annual...