Housing shortages aren’t just causing issues in the UK. Most western countries are in the same boat. They are also trying solve it in different ways. They are even taking to repeating things that haven’t worked elsewhere. […]
Small changes can have a significant impact when it comes to business finances. This is particularly true when considering adjustments to pricing and cost control. In this article, we will illustrate how increasing sales prices by just 2% and reducing costs by 2% can create a considerable uplift in overall profitability. Starting Figures Consider a […]
s24, the restriction of finance charges, has been a big issue for landlords for coming up on ten years now. Stats show that a larger percentage of houses being sold at the moment are former rented homes so it could be argued that at last Osbornes original plan of ensuring more homes are own by […]
Most of you will know that sales of residential property need to be declared and tax paid in 60 days. There is however one handy exception! I first learnt of this two years ago via a pal but almost forgot about it until it came up just now with a client. Most of you will […]
With the rising cost of everyday essentials continuing to impact households and businesses alike, many clients have been asking us how they can better manage their money in the current climate. While no single solution fits everyone, there are several practical areas that can help ease the financial pressure. This blog sets out some straightforward […]
A reader and good pal sent me an email to look over recently. It had two elements that should strike fear in to any landlord. First of all it was offering tax work at such low prices that they cannot possibly be “value”. I’ve written before that If you are paying less than a few […]
Big news on the wage front. As of April 1, 2025, the UK has rolled out new National Minimum Wage (NMW) and National Living Wage (NLW) rates, giving millions of workers a well-deserved pay bump. Let’s break down the numbers and chat about what this means for employers navigating these changes. New Wage Rates: National […]
For most landlords, as individuals, you look at the money received in the bank and the expenses that left, during the window of 6th April through to 5th April, and put those figures on your tax return. Simple. This is called the cash basis. It provides that the money in and out are your figures […]
Big news on the wage front. As of April 1, 2025, the UK has rolled out new National Minimum Wage (NMW) and National Living Wage (NLW) rates, giving millions of workers a well-deserved pay bump. Let’s break down the numbers and chat about what this means for employers navigating these changes. New Wage Rates: National […]
From April 2026 you will may to send quarterly updates depending on the level of rental income you receive. This fills some with dread. For some it is the quarterly part that they don’t like. For others it’s the idea that you will need software to do it. Making Tax Digital for Income Tax Self […]