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…