There are many tax deductions for the start-ups, including possible ways to save from mortgage interest and home heating bills to books and subscriptions. Stockport accountants Bennett Verby have looked at some of the ways to maximise your deductions and increase the money you can put into your … [Read more...]
News for: Expert Opinion
Entrepreneurs’ Relief – Traps for the Unwary
Entrepreneurs' Relief (ER), a valuable capital gains tax relief available to taxpayers who make qualifying business disposals, sits among strict conditions imposed by HMRC The main occasions where Entrepreneurs Relief will be available are on the disposal of a trading business or on the disposal of … [Read more...]
How ‘Forgotten’ Tax Breaks Can Put More Money into Your Business
Tax Breaks and deductions can make a big difference to your business, something that may be overlooked unless you take professional advice and employ the services of a reputable accountant. After years of planning, blood sweat and tears, you’ve finally set up your own business. You’ve put thought … [Read more...]
Prest: Financial planning key to investing with real purpose
As Good Money Week begins with a focus this year on encouraging women to invest, Stockport based Prest Chartered Financial Planners are urging values-led investors not to neglect the importance of financial planning. Mike Walker, financial planner at Stockport-based Prest Financial Planning, … [Read more...]
Work From Anywhere? What You Need and What You Should Know
A study by Redcentric revealed that 70% of office workers believe it’s important that businesses allow their employees to work remotely. While 30% feel their productivity increases when they work away from the office. Improved productivity isn’t the only benefit of flexible working. People who … [Read more...]
Tax avoidance: how to stay on the right side of the law
Tax avoidance is described by HMRC as 'operating within the letter, but not the spirit, of the law'. So how can you be sure to stay on the same page as HMRC? As HMRC wins around 8 out of 10 avoidance cases that taxpayers choose to litigate, Stockport accountants and business advisers Bennett Verby … [Read more...]
Goal tracking in the digital age
Can’t see the wood for the trees? Too much to do and not enough time to do it? Struggling to stay on track? If the answer to any or all of these questions is yes, you need a goal-setting app. IT business support specialist, SAN IT based in Cheadle Hulme, suggest five of the best for Android or … [Read more...]
Bank of Gran and Grandad now support next generation
With tuition fees and rising property prices, families are increasing giving financial support to their younger generation as is often talked about in the media as the ‘Bank of Gran and Grandad’ and the ‘Bank of Mum and Dad’. Stockport accountants and business advisors, Hallidays, are finding that … [Read more...]
Expert Opinion: Tax implications of Cryptocurrencies
Cryptocurrency is the new “buzz-word” in the financial world, but there are often tax implications of cryptocurrencies. Whilst it has been around for a while, recent peaks and troughs in the currency have brought it to the media’s attention. What seems to have gone somewhat under the radar are … [Read more...]
Expert Opinion: Dress down Friday – what’s the etiquette?
Dress down Friday is becoming popular in many businesses and organisations. But it's not just Friday where we have seen this shift. Many organisations have accepted the removal of the tie or formal suit for a more casual jacket and trousers for men and smarter casual attire for women during the … [Read more...]
Making Tax digital – are you prepared ?
Tax is going digital, just as sure as Brexit is happening. The first business transactions to be affected by this Making Tax Digital (MTD) revolution will be those relating to VAT. If your business is VAT registered, and your turnover is £85,000 or more per year, you will be required to submit your … [Read more...]
Expert Opinion: Prest review mid-year markets
Stockport based Prest Financial Planning believe that there is no doubt 2018 has thrown up some intriguing scenarios for global markets. Here, at the mid-point, Prest financial planners Mike Walker & Steve Monk reflect on the year thus far: If we cast our minds back to January we were in the … [Read more...]
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