Welcome to my blog page
Just click on the “read more” link to see a full article.
Please feel free to leave any comments, questions or suggestions.
Pot Holes! Does Fiscal Phil build our Wonderland?
Introduction Fiscal Phil in his 2018 Budget provides a few nasty surprises. The Budget yesterday had all the potential to be a fairy tale, but no! The annual forecasts are set to rise with more people forecast to be in jobs by 2022. As a result … Read More... about Pot Holes! Does Fiscal Phil build our Wonderland?
What’s the new rent a room relief legislation?
From 6th April 2019, new legislation, and not necessarily for the better, will come into effect. It will mean that you won’t be entitled to rent a room relief unless you are living in your home for some or all of the time that you let your rooms … Read More... about What’s the new rent a room relief legislation?
What’s George up to?
George Osborne delivered a headline grabbing budget and unusually for all the landlords and property investors out there, there is much to consider. The biggest impact will be the restriction on relief for finance costs on property to the basic … Read More... about What’s George up to?
Why are HMRC so inefficient?
These days HMRC call us customers but alas they’ve yet to discover the concept of customer service and the ability to deliver a great customer experience. As agents we get a dedicated number to phone them and whilst they take an age to answer … Read More... about Why are HMRC so inefficient?
It’s not always a bunch of Roses
Congratulations to anyone who may be intending to ‘pop the question’ over a romantic candle lit meal this evening. To those of you who consider yourself ‘unromantic’ or think it all to be ‘a bit of stuff and nonsense’ or ‘created by florists to … Read More... about It’s not always a bunch of Roses
Landlord & Letting Show Coventry 26-27 November
We will be exhibiting at the Landlord & Letting Show taking place at Hall 2, Stoneleigh Park, Coventry, on Wednesday 26th & Thursday 27th November 2014, and we hope you can join us! Maybe on day two help us celebrate as we are finalists in … Read More... about Landlord & Letting Show Coventry 26-27 November
Be careful how you treat Grandma’s house
Have you noticed how the recent rise in house prices has encouraged a spot of optimism and got everyone to talk up the value of their property? All well and good until someone inherits a property and then the value rather interestingly seems to head … Read More... about Be careful how you treat Grandma’s house
Happy Valentines Day
Congratulations to anyone who may be intending to ‘pop the question’ over a romantic candle lit meal this evening. To those of you who consider yourself ‘unromantic’ or think it all to be ‘a bit of stuff and nonsense’ or ‘created by florists to make … Read More... about Happy Valentines Day
2013/14 Tax Return Deadline …… “Use the White Space”
So, you were too busy and missed the self-assessment deadline of 31 October 2013 and are now you are frantically trying to complete and submit online by 31 January to avoid the £100 penalty, interest and potential penalties. Yep that deadline is … Read More... about 2013/14 Tax Return Deadline …… “Use the White Space”
Nigella’s Late Christmas Gift from HMRC!
You may be aware or at least your accountant should be that tax relief is allowed by HMRC for the cost of capital equipment used in your business. Rather surprisingly however, tax deductions are also allowed in the form of capital allowances (CAs) … Read More... about Nigella’s Late Christmas Gift from HMRC!
Autumn Statement 2013: the key bits. Analysis and comment to follow
Personal Taxes and Tax Credits Personal Allowance, Rates of Tax, National Insurance Contributions for 2014/15 As announced at Budget 2013, people born after 5 April 1948 will be entitled to a basic personal allowance of £10,000 for 2014 to 15. … Read More... about Autumn Statement 2013: the key bits. Analysis and comment to follow
Why Tax Avoidance is still legal
“No man in this country is under the smallest obligation, moral or other, so as to arrange his legal relations to his business or to his property as to enable the Inland Revenue to put the largest possible shovel into his stores. The Inland Revenue … Read More... about Why Tax Avoidance is still legal