On The Spot Blogs

Top Five Most Common Tax Queries

Today is the last day of the 2016 tax year and you may be interested to hear the most common tax queries our clients have asked during this tax year. Admittedly, it's not too scientific, but we hope it gives you an idea.

 

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Budget2016 - Restoring Localism Within A Global Economy

Voting works! UK small businesses, pensioners and parents vote whereas large international companies can't. With an eye on attracting these votes, as long as you're a saver, the Chancellor aims to deliver a package to attract you! 

 

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Tax Checklist - Use It or Lose It - March 2016

With many changes announced even before this Wednesday's Budget, it's worth checking through these five items in case you want to take action before the end of the month/5 April:

 

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(Residential) Property Is Dead! Long Live (Commercial) Property!

If you let out a residential property, you shouldn't underestimate the effects of some important changes to the tax rules.

Tax is like any other cost. It reduces the return you get from your asset. Therefore if your tax cost increases, your return decreases and this may affect your view as to whether your property remains a good investment.

 

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