Holiday let owners are set to lose favourable tax reliefs now that the Government has confirmed the Furnished Holiday Letting (FHL) regime will be axed from April 2025.
As a pension scheme trustee, the audit of your financial statements should be seen as an opportunity for insight and improvement, not just another tick-box chore.
The annual audit is the only regular complete overview of all the processes encompassing your scheme’s operations. This includes a review of:
Recent media reports suggest the Chancellor may introduce a new flat rate of 30% tax relief on pension contributions and should the rumours prove true, it may leave no or very little time for those impacted to act.
Given the recent speculation about whether Labour will increase CGT and IHT, if you are planning a disposal of agricultural land or part of your farm it is important to consider the current rates and the implication of potential increases.
Armstrong Watson is is aiming to be recognised as “the best financial advisory firm to deal with, delivering the best client experience in the UK" and has become the first accounting firm to join The Institute of Customer Service
When a personal guarantee is given by a director it means that that person can become personally liable for the company’s debts if the company cannot meet its obligations. How can a director can protect themselves from personal guarantee risks?
There are so many things to consider in a divorce, with home and support naturally the first you would focus on. It’s also important that people think of valuable assets, such as pensions, when considering how they split their money.
With six key appointments in the last 12 months and continued recruitment at more junior levels, our Yorkshire tax team is growing and has strengthened our ability to support clients across a wide range of issues.