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News for August 2016

Audits and accounts

24 August 2016

A guide to keeping accounts and how an audit can benefit your business. An audit is an official inspection of a company or organisation’s accounts by an independent body. A company can choose to be audited in order to prove to its investors or shareholders that its accounts are sound. An external audit should also […]

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Gifts and inheritance tax

18 August 2016

How gifts can reduce your liability for inheritance tax Inheritance tax (IHT) at 40% is due on the portion of a person’s estate that exceeds £325,000. This can be reduced to 36% if 10% (or more) of the estate is given to charity. Married couples and civil partners can transfer any unused allowance to their […]

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August insider newsletter

12 August 2016

In this edition, we look at the following topics: New system to challenge business rates outlined A system to allow businesses to check and appeal business rates bills has been announced. The aim is to ensure that disputes are settled more promptly.  Self-employment growth driven by part-timers The number of self-employed workers increased from 3.8 […]

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