From 1 April it is compulsory for businesses to file their VAT online, as part of the government’s campaign Making Tax Digital. However, with 1.2 million UK companies expected to be affected by the new format, there are serious questions about whether organisations across the country are efficiently prepared.
The game has changed for many buy-to-let landlords. The change to buy-to-let tax relief has been phased in, which could translate into a big loss of profits for many with rental properties. What can you do about it?
Behind every great entrepreneur is an equally clever accountant. But it’s not just business owners who need them now. With more and more people making money from multiple sources and potentially paying too much tax, isn’t it about time you found a hot-shot accountant of your own?
Do you open bank statements with a sense of dread? Or can you often guess the balance to within a few pounds? If you’re thinking about taking financial advice, then prepare to know your spending habits like the back of your hand. Here’s how. What’s the most common problem to arise in a first meeting
Did you know that we lose most of our savings through our heads? That’s right – because we don’t think about how much unnecessary tax we’re paying. Here are some ways to make sure your money is wrapped up tight, to keep out those (over) draughts. Article by Nick Green.
Britain’s children are losing out when it comes to tax-efficient saving. As part of TaxAction 2016 in partnership with Prudential, we explore the opportunities that are being missed, and reveal the single biggest advantage that children have over adults when it comes to long-term saving. At what age should children start saving? In their teens?
What would you prefer to leave your loved ones: a generous legacy or a gigantic bill? Chartered Financial Planner Michael Roberts returns with another of his highly popular guides to personal taxation – this time explaining the complex world of inheritance tax. It might not feel this way, but in recent decades people have been
Financial markets are reeling from the news: the UK has voted to leave the EU. But after the dust and smoke has cleared, what will this momentous decision mean in the long term for your finances? We assess the situation. So it is settled – at least, the voting part is. The majority have spoken,
Ever worked out the cash cost of simple laziness? You could be frittering away a sizeable chunk of your income every year just by not taking a few simple steps. Here are some of the best reasons why you should wake up and smell the money. Off the top of your head, how much interest does your savings
As part of our TaxAction 2016 campaign in partnership with Prudential, we bring you the ten top ideas for reducing your tax bill, as supplied by financial advisers listed at Unbiased. You don’t need a hedge fund to make your money grow fast – you just need to trim back the amount you waste every day
The bank staff have drawn the blinds – but you don’t have to. Remember you promised to sort out your money as soon as you had a spare moment? Later you can go out and throw bread to the ducks, but first think about how well you’re feeding your savings. Our bank holidays in the UK date back
Turning self-employed can bring a new lease of life. You’re no longer working for The Man and it’s all down to your own skills and vision. Just remember that running your own business is more satisfying, but also more challenging – so keep these tips to hand as you begin.
We’re a year into pension freedom, and the UK is starting to get a feel for the new way in which pensions work. If you plan to take your pension within the next five to ten years, make your choices easier with these tips and rules of thumb. If you’re planning to retire in the