7 tax-planning tips for property developers
Investing in ‘bricks and mortar’ has always been a sensible way to grow your money. And with the growth in the average house price beginning to plateau, now may be a good time to look at buying up properties in need of some TLC and refurbishing, or developing them as...
End of the personal tax year – documents to keep!
Today (5th April) is the end of the 2016-17 tax year and tomorrow sees the beginning of the 2017-18 one. Those having to complete a personal self assessment tax return for 16/17 have until 31st January 2018 to file and make payment – although we don’t recommend...
Changes to the flat rate VAT scheme – introducing ‘limited cost traders’
You may have seen that from 1st April there are changes being made to the flat rate VAT scheme, introducing the concept of ‘limited cost traders’. A new flat rate of 16.5% is being introduced and will be applied to any business that meets the criteria of a limited...