Letting out property
Property letting is a complex area, subject to significant ongoing change. One major development is the restriction on tax relief for landlord interest costs, currently being phased in over a […]
Essential Employer Update 2018
We look at recent developments in employment law and payroll practice. HMRC takes hard line on illegal working HMRC require any employer using labour supplied by a third party to […]
Wealth Management from Continuum
Alexander Marshall Accountants are delighted to now introduce our valued clients to Continuum, who are a modern National Independent Advisory business, offering a range of products and services highlighted below. […]
Buying property: First-time home-buyers got a surprise present from the Chancellor
First-time home-buyers got a surprise present from the Chancellor in his first Autumn Budget. From 22 November 2017, there is an exemption from Stamp Duty Land Tax (SDLT) on the […]
Dividend Allowance: don’t lose out
With the introduction of the £5,000 ‘tax free’ Dividend Allowance from 6 April 2016, there has been a dividend regime benefiting those receiving relatively small amounts in dividends. But there’s […]
Inheritance Tax: key planning points and tax reliefs to bear in mind
Inheritance Tax (IHT) is charged at 40% and may be due from an estate when someone dies, unless the estate is left to a spouse or civil partner. However, there […]
Class 2 National Insurance: not quite the end of the road
The government has announced that plans to abolish Class 2 National Insurance Contributions (NIC) are being put off for 12 months. Class 2 payments will now continue until 6 April […]
Paying dividends
Dividend payment is a primary vehicle to extract cash from owner-managed businesses, but it’s an area coming increasingly under HMRC’s spotlight. Mistakes in procedure can have expensive tax consequences – […]
Passing on the family business
Many people running their own business cherish the thought of some members of their family continuing to run their business when it comes time to retire. The business that you […]
Making Tax Digital for Business: plans delayed
The government’s much-publicised plans for Making Tax Digital for Business (MTDfB) have taken a radical new direction, giving businesses longer to get ready for change. MTDfB involves not just mandatory […]
