Spousal CGT tax advantages
January 10th, 2020

It is fairly common knowledge that the UK tax system is biased in favour of married couples or those partners who have entered into a formal civil partnership. Note that from 2 December 2019, the Civil Partnership (Opposite Sex Couples) Regulations 2019 came into effect in England and Wales allowing opposite sex couples to enter […]

In Business? Add these to your new year resolutions
January 10th, 2020

The end of the calendar year is a popular accounting date for many businesses, but for those of us with a year-end accounting date of 31 March 2020, reviewing your management accounts for the nine months to the end of December 2019 is a must-do. Please use the following notes as a check list when […]

What now?
January 10th, 2020

Even though many of the uncertainties that have plagued UK politics during 2019 are still to be decided, at least the hiatus in parliament has been resolved; the Conservatives now have a working majority and we can expect action on a number of fronts. Brexit Business readers with any sort of trading platform with the […]

Minimum wage rates increase from April 2020
January 9th, 2020

Businesses that have a significant number of staff paid at Minimum Wage or National Living Wage rates should take note that from April 2020 the rates are increasing.   In more detail the changes announced 31 December 2019 are: Annual pay rise of up to £930 for a full time worker. National Living Wage (NLW) […]

HMRC reflects on 2019 successes
January 7th, 2020

Not all penalties levied by HMRC are civil, many cases are serious enough to warrant a criminal investigation. The first post in the “money” section of the website in 2020 reflects on this. The title of the post is a give-a-way: “Busted! HMRC reveals biggest criminal cases of year 2019” In what could be […]

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