MAKING TAX DIGITAL This is what some of our self-employed consultants told us. Unfortunately, the answers to most of points 1 to 7 is mainly negative from our clients So, what actually is Making Tax Digital? In simple terms, HMRC wants to modernise the tax system but by doing so it creates a great deal…

We were recently approached by a client who owned a mortgage-free property worth approximately £800,000. The client had been offered the opportunity to release around £350,000 of equity from the property through a lifetime mortgage. His proposal was straightforward: At first glance, this may appear to be an attractive planning opportunity. However, as with many…

Many business owners assume that all accountants provide the same service. In reality, the quality of advice and attention to detail can make a significant difference to the amount of tax you pay and the profitability of your business.  We recently experienced this first-hand when we took over a husband-and-wife partnership from another accountancy practice…