News and events
News
Could you claim an Inheritance Tax refund?
If you inherited a property that you then sold for less than the property was valued upon death, you could get a refund for the difference of the Inheritance Tax.
End of year tax planning: Use your allowances before 5 April 2021
The UK tax year ends on 5 April and so February and March can provide a last-minute chance to save some tax with a bit of careful planning.
Fines and penalties for not completing your Self Assessment tax return
The 31 January Self Assessment tax return deadline is fast approaching. What are the financial implications if you miss the deadline?
Everything you need to know about preparing your Self Assessment tax return
It’s that time of year – Self Assessment tax return season is upon us. We’ve put together this handy guide on everything you need to know.
How to ensure maximum tax relief on your farm expenditure
Deciding whether to maintain and repair the farmyard, farm buildings and machinery or invest in improvements can be difficult. Any available tax relief must be maximised. Tax relief can determine whether a proposal to build or refurbish farm buildings is financially...
Smooth out your tax payments
With a dreary 2020 harvest behind us, it is time to look forward to a more hopeful 2021. Although the 2020 harvest was generally a disappointment, some growers find themselves with a larger than expected tax bill in January, linked to a more fruitful 2019 harvest....
All change in capital taxes?
We live in challenging times, with frequent changes making life challenging from a tax planning and advice perspective. We have put together a list of the most common topics, which we speak to clients about, which may be useful to your specific situation. Capital...
End of year tax planning
Although the tax year-end is not until 5 April, between now and 5 April, you have the opportunity to save some tax with some careful planning. Here are our top tips on how to best utilise your allowances before the end of the tax year. Top up your pension pot The...
New business grants of £9,000 to support businesses throughout lockdown
The government has announced that businesses in the retail, hospitality and leisure sectors will receive a grant of £9,000 to support them through the latest national lockdown.
Benchmarking – 2019 harvest
Find out how the 2019 harvest compares with the 2018 harvest, drawn from our clients’ year-end accounts.
News
