Pressing need for charities to mitigate risks to financial resilience
With risks to financial resilience identified by the Charity Commission as one of the pressing issues facing charities, robust budgeting and quality information are key.
MTD penalties waived for first year of Income Tax
Self assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates.
Are hybrid cars worth a second look for business owners?
Tax savings are not the only consideration for company car drivers ‘going green’ and more and more often we are seeing a reversal of the green revolution.
Directors' Remuneration: Why the ‘Optimum’ £12,570 Salary Isn’t Always Optimum
Owner-managed companies are often advised to pay directors a salary of £12,570 in line with the Personal Allowance, with remaining profits extracted by way of dividends. It’s simple, tax-efficient, and generally works well. However, ‘one size fits all’ rarely applies in tax planning.
Make sure your Christmas party is Merry this year!
As we near the festive period, it’s important that you and your employees are not caught by tax charges for hosting a Christmas Party.
Christmas opening times!
Make sure you know when your local Lovewell Blake office will be open over the Christmas period.
Securing your family's financial future is the best gift you can give this Christmas
The festive season is an excellent time to combine seasonal generosity with some inheritance tax planning.
Budget reaction - Transfer of IHT allowance between spouse for APR/BPR purposes
Sophie Spaul looks at the announcements around the transfer of IHT allowances between spouses for APR/BPR purposes