Taxation

The Annual Investment Allowance (AIA) offers 100% tax relief to businesses that need to purchase business equipment. It allows your business to deduct the total amount spent on qualifying equipment from your taxable profits. On 1 January 2019, the AIA increased to £1 million. However, the £1 million figure only remains in place until 31… Read more

It’s a pretty basic question; “What can I claim, for working from home?” The answer is straightforward only when you recognise the variations in practice. The self employed have different rules compared to employees, so here we explain what tax relief each can claim. For help and advice, get in touch with our tax team… Read more

How healthy are your finances? Join us on 25th February at our Filey office to take advantage of your FREE financial health check! In our everyday lives it can be all too easy to overlook our personal finances. However, life changes, we might want to save for our families futures, or even be planning a… Read more

Does your business own or rent commercial property? Or are you considering steps in this direction? If so, it is worth discussing the possibility of ownership via Self Invested Personal Pensions (SIPP) or Small Self-Administered Schemes (SSAS). The tax benefits can be significant! A face to face meeting to discuss your own circumstances is the… Read more

4 March | 8AM-10AM Galtres Centre, Easingwold Planning tomorrow’s success today – Effective financial management is vital for business survival and growth. Attend this FREE breakfast seminar where Hunter Gee Holroyd and Barclays will show you how to arm your business with the right protection now and in the future. Agenda 8.00am – Registration, breakfast… Read more

For over 1.5 million Brits, their future financial hopes and aspirations are pinned on holding property they don’t live in and letting out to others. In the 2017/2018 tax year, the average landlord owned between 1-4 properties each. For many landlords, it’s a family affair – they’ll own their property together with their spouse or… Read more

Welcome to our Winter edition of Making a Difference with a round-up of the latest news. We all know that talking about the weather is a pre-requisite if you live in the United Kingdom. Rain has been in abundance this year, but how are businesses weathering the Brexit storm? Check out our 5-step crisis planning… Read more

We know the tax year runs from 6 April 2019 to 5 April 2020, yet effective tax planning needn’t be left until the end of the tax year. Here are some tips to get you ahead. Consider topping up your pension Normally, between you and your employer, you can pay a maximum of £40,000 (or… Read more

If you’re starting a business, then you’ll need to become familiar with at least a few bookkeeping and accounting basics. We talk you through the main tasks, some time-saving tricks, and explain where we fit in. What is accounting? Accounting is concerned with tracking money as it comes and goes from a business. Some of… Read more

Benefits in kind…what does it actually mean and is it worth investing time and money in? Well, benefits in kind, or “perks” is separate to salary or wages. Commonly these include company cars, childcare vouchers, health insurance, company credit cards, pension schemes, cycle to work schemes, gym memberships, or any vouchers given by employers. If… Read more