MONEYtalk – February 2023

MONEYtalk – February 2023

January and February are busy months for most business owners. If you’ve been focusing on your year-end accounts and self-assessment deadline, you may have missed important announcements that may affect you. Changes to holiday homes business rate rules-April 2023...
New VAT penalty rules for every business

New VAT penalty rules for every business

If you’re VAT registered, you’re probably already heard (or your tax adviser will certainly be aware) about the VAT changes that have come into effect this month.   However, if your attention has focussed on preparing your assessment tax return for the 31st...
Winter-proof your property investment

Winter-proof your property investment

We may be enjoying a milder autumn, but winter is coming and property investors need to be vigilant. Winter 2022/23 will present more challenges to property owners and residents as we all try to cut the cost of heating our homes. Temperatures inside properties that...
What is inheritance tax?

What is inheritance tax?

Inheritance tax is a tax paid to the UK Government by the estate of someone after they die.  Also referred to as death duties, the amount of tax paid depends on many factors. Inheritance tax is calculated according to the value of money, property and possessions...
Beat the self-assessment countdown

Beat the self-assessment countdown

The clock is ticking! The self-assessment countdown started on 1st January 2022, and there are fewer than 100 days to the submission deadline of 31st January 2023. Cue loud klaxon! Yes, it’s upon us again. Like Christmas, it comes around so quickly and surprises...