The Chancellor recently announced that the temporary increase in the Annual Investment Allowance (AIA) for expenditure on plant and machinery has been extended to 31 December 2021. The tax relief…
Read moreFor most taxpayers, the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both contributions by the individual and by their employer.…
Read moreIn the March 2020 budget, it was announced that CGT Entrepreneurs’ Relief (ER) was replaced by CGT Business Asset Disposal Relief (BADR) for disposals on or after 11 March 2020.…
Read moreREPORTING PROPERTY GAINS WITHIN 30 DAYS Since 6 April 2020 where UK residential property is disposed of, the resulting capital gain needs to be reported and the capital gains tax…
Read moreAre you searching for the best financial advisor Dundee has to offer for your personal or business finances – or both? If so, it helps to know what you should…
Read moreDownsizing your home can come at a cost. The Residence Nil Rate Band (RNRB) did not initially include provisions for downsizing. But, following a consultation, new provisions were introduced…
Read moreIt’s important that your accountant is there to give you the best advice when you need it, in good times and in bad. When a loved one passes away it…
Read moreMuch of the coverage in the press about the new pension reforms has been a little bit caricatured. There has been a lot of focus on the ability of savers…
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