As the 2018/2019 tax year end approaches, have you thought about doing some last-minute tax planning that could save you money? Here are a few simple tips to help with your tax planning: Dividends If you haven’t already, pay yourself dividends to use up the dividend allowance. Companies with adequate retained profits should contemplate paying […]

Our autumn 2015 statement summary is designed to help you interpret what the autumn 2015 statement means to you.  George Osborne failed to produce a big surprise ‘rabbit’ out of his collection of tax measures and spending announcements set out in the Autumn Statement, but a few hares were set running amongst property investors. They will […]

We are delighted to confirm that we will be attending the Bar Council Pupillage Fair on 21 November 2015 at Lincoln’s Inn. As part of our investment in the legal profession, Ad Valorem will be on hand to provide free tax and accounting advice as well as demonstrating modern 21st century methods for record keeping. […]

Choosing an accountant can seem a hard task, especially as there are so many to choose from. Typing Milton Keynes Accountants into Yell.com – 152 results appear. So the question is – How do I choose an accountant? Choosing an accountant is one of the most important decisions you, as a small business owner, can […]

Our summer 2015 budget summary is designed to help you interpret what the summer 2015 budget means to you. Alongside our text we have included tips which you may want to consider. At the back of the Summary you will find a calendar of the tax year with important deadline dates shown. One of George […]

Manifesto Tax Policies – Conservative The most prominent tax announcements included: increasing the inheritance tax threshold to £1m; ensuring all people who work 30hrs per week on the minimum wage pay no income tax; a commitment to no rise in VAT, national insurance contributions or income tax; increasing the personal allowance to £12,500 and raising […]

“Budgets probably don’t win or lose elections on their own – but in an election year, the Chancellor surely has one eye on the polls. George Osborne promised there would be no gimmicks and no irresponsible giveaways: he would concentrate on the Government’s long-term aim of reducing the deficit, rather than attempting to fool the […]

The second phase of the planned changes to capital allowances legislation in relation to fixtures and fittings acquired as part of a property transaction came into effect from 1 April 2014 (corporation tax) and 6 April 2014 (income tax). The first phase came into effect in April 2012, whereby the buyer was required to agree […]

HM Revenue and Customs (HMRC) has published a list of the reference numbers of tax avoidance schemes where it may require payment of tax before any dispute over the efficacy of the scheme is resolved. Provisions expected to become law this week will give HMRC the power to demand upfront payment of any disputed tax […]