National insurance planning
Obligations and opportunities National insurance contributions (NICs) are set aside to pay the state pension and other benefits, but due to the UK’s ageing population… Read More »National insurance planning
Umar Memon
Planning your estate: wills
How to plan and make a legally valid will Most people don’t like to think about their own mortality, but planning for the future is… Read More »Planning your estate: wills
Completing your self-assessment tax return
What you need to know before filing self-assessment for 2017/18 It’s a common scenario. As the year draws to a close, the thought of your… Read More »Completing your self-assessment tax return
Lords call for delay in MTD for VAT until 2020
MTD to be delayed? The House of Lords economic affairs committee has issued a scathing report on HMRC’s upcoming Making Tax Digital (MTD) for VAT… Read More »Lords call for delay in MTD for VAT until 2020
Deregistering for VAT
When and how to begin the process of deregistration These days VAT thresholds are the subject of much speculation, with the Government concerned that many… Read More »Deregistering for VAT
Starting a business
What you need to know before launching a startup Britain is a nation of fearless entrepreneurs, but the likes of Richard Branson and James Dyson… Read More »Starting a business
Using pension funds in your business
How your pension savings can help finance your business As traditional loans fall out of favour with increasing numbers of business owners, you may be… Read More »Using pension funds in your business
Extracting profits from a business
What are the tax implications? People run businesses for a variety of reasons from passion to pride, but making a living is high up the… Read More »Extracting profits from a business
Capital allowances for plant and machinery
How to minimise business tax in 2018/19 If there’s one thing that keeps us awake at night it’s the thought of how many British businesses… Read More »Capital allowances for plant and machinery
Tax on residential property
How has devolution affected what tax you pay? First-time buyers in England, Northern Ireland – and for a short time in Wales – were the… Read More »Tax on residential property