Some accounting tips
To help loss-making businesses, legislation is to be introduced to increase temporarily the period for which a business can carry back a loss from one year to three years. If your business has made a loss due to the pandemic, read our short blog which explains the various options available.
What’s the optimal salary for 2021/22? It depends on whether the employment allowance is available – Read our quick tip here. #FamilyBusiness #TaxTip
Did you take out business interruption insurance? A Supreme Court ruling in January means that 370,000 small businesses may receive a pay-out. Here’s how the tax implications might affect you.
With the residence nil rate band being frozen until 2026, if you have a high value estate in the family it might be worth planning ahead to make sure you reduce the inheritance tax bill. Our latest blog explains more. #InheritanceTax #TaxPlanning
The stamp duty increased threshold has been extended until 30 September 2021, with the most favourable increases ending on 30 June 2021. While house sales are taking longer than average, you should still have time to take advantage of the savings.
There’s still time to save on stamp duty tax if your house purchase completes by 30 September 2021. #StampDuty #PropertyMarket
With the new #Lockdown in England and the continuation of restrictions elsewhere as a #HolidayLet owner what does this mean for your #FHL?