Author: Nicola Cooper

2 minutes to read We have teamed up with GHC Wealth Management to put together a list of top tips for those looking to invest, plan their pensions or otherwise manage their finances. With interest rates remaining low, investing could be a wise move in the current financial climate. Decisions about when, where and how much to invest should …

Continue reading "Top tips for investing and financial planning from Newby Castleman Wealth Management"

7 minutes to read What’s the issue? The next round of changes to CGT are planned from April 2020. From 6 April 2020, where CGT is due on residential property disposals, a return will need to be filed, and the ‘notional CGT’ due must be paid within 30 days of the date of completion. What can I take away? The relevant …

Continue reading "All Change – The payment and administration of capital gains tax is changing from April 2020, are you ready?"

2 minutes to read Whilst the 2018/19 tax year end may seem like a distant memory, the 31st January 2020 deadline for filing online Self Assessment tax returns is fast approaching. We have compiled a handy checklist to help business partners, those who are self-employed and others with taxable income to prepare for the end of the month with the …

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2 minutes to read From 6th April 2020, capital gains tax relief on the sale of a taxpayer’s principal private residence relief (PPR) is set to undergo two major modifications: one relating to lettings relief, the other to final period exemption. We have examined the potential pitfalls of these changes and are suggesting how those affected can best prepare themselves …

Continue reading "Private Residence Relief: start preparing now for changes to ancillary reliefs"

2 minutes to read In 2019, the government held a consultation on its plans to introduce a world-leading tax on the production or import of single-use or low recycled content plastic from April 2022. Hundreds of responses were received and a further consultation, followed by draft legislation, is promised for 2020. We have examined the proposals and considered their …

Continue reading "Plastic packaging tax: how businesses could benefit"

3 minutes to read We are reflecting on a year packed with regular and one-off fundraising activities and donation drives. We are proud to have filled our workplace LOROS donation station ten times over this year, providing clothing and other items for the Leicestershire and Rutland hospice charity. On International Day of Charity this September, we announced Midlands-wide charity …

Continue reading "Charity begins at work: we go all out for good causes in 2019"

2 minutes to read Earlier this year, the tax point for promotional and retail vouchers moved from the point of redemption to the point of sale, leading to implications for a variety of retailers. With the festive season well underway and demand for vouchers reaching its peak, we have highlighted the changes businesses should be aware of, both now …

Continue reading "VAT changes to face value vouchers: what businesses need to know before Christmas"

2 minutes to read Being a company director naturally brings with it such benefits as autonomy, decision-making power and the freedom to implement one’s vision. Increasingly, however, the role is also fraught with potential pitfalls: financial liability, accountability for others’ misconduct and ongoing responsibilities, to name but a few. We have examined the changing climate for directors and are …

Continue reading "A sea change for company directors: advice on staying afloat"

2 minutes to read Our sporty staff have laced up their trainers for a series of workplace contests in cricket, kurling and hockey, organised by Leicester-Shire & Rutland Sport (LRS). We entered a team of six into LRS’s recent Workplace Hockey Competition 2019, in which the team earned second place. They followed this success with a stab at the …

Continue reading "Working up a Sweat For County Sports Competitions"

2 minutes to read An Audit Supervisor at our Leicester office has stepped up to the role of Assistant Manager, following a recent promotion that recognises his contributions to our firm over the last eight years. Michael Frost, 30, of New Lubbesthorpe, joined our Head Office on Regent Road in September 2011, having graduated from the University of Leicester …

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