Robson Laidler has donated a heavy duty laser printer to the TOMA Fund to help them with their office admin. Pictured here is Martin Wardle of Robson Laidler with Catrina Flynn of TOMA. TOMA is a charity which supports children, teenagers, young people and their families in the North East […]
To Furnish or not to Furnish, that is the question From April 2013, HMRC changed the way that residential property owners can claim tax allowances for expenditure on furnishings and white goods. Prior to this date furnished property landlords have been able to choose between tax relief on furnishings based on […]
It is very important for all partnerships to have in place a legally documented partnership agreement. In the event of a conflict, you will be ill equipped to settle any disputes without one. A partnership without an agreement means that relations between partners are governed by the Partnership Act 1890, […]
A recent Tribunal case, gives us the latest thinking from HMRC with regard to the “quality” of residence in a property in order to support a main residence relief claim. As many will know main residence relief exempts from Capital Gains Tax any profit made on a sale of […]
There has never been a greater need for GP practices to monitor their cash flow and in particular their drawings. For the last few years, GP’s have seen their income falling whilst their expenditure increases. Most practices have managed to sustain profitability despite this by diligently reviewing their costs and […]
Yesterday the Bank of England confirmed that it will not increase interest rates above the current level of 0.5% until unemployment has fallen to 7% subject to some overriding conditions. These conditions allow interest rates to increase if, for example, it is likely that CPI inflation will increase above 2.5% […]
The Renewable Heat Incentive scheme was set up in November 2011 to provide financial incentives (RHIs) to increase the uptake of renewable heat. The RHIs are payable for 20 years, to individuals or organisations who produce renewable heat, or biomethane. The first annual report for the scheme was published on […]
If you can answer “yes” to any of the following questions, YOUR business may be able to benefit from the new Patent Box 10% rate of Corporation Tax. Do you have Patents for your products or processes? Will you be launching any new products? Are your unpatented […]
A recent case that has gone against HMRC involves a company called John Kerr Roofing Contractors. In the case the business was threatened with having their gross payment status withdrawn as a tax payment had been made late. Under the CIS rules payments can only be made to businesses gross […]
