by AccountingPreneur | Jun 23, 2022 | Property, Stamp Duty Land Tax, Tax
Property in the UK is big news right now, with house prices hitting a record high. According to the Office for National Statistics, the average price in March 2022 was £24,000 higher than at the same point in 2021. However, the cost of living crisis means that the... 
by AccountingPreneur | Jun 17, 2022 | Tax
HMRC have recently updated their guidance for companies looking to attract investors to buy shares in their company. If structured correctly, and if the company qualifies under the Enterprise Investment Scheme (EIS) or the Seed EIS rules, the investors can potentially... 
by AccountingPreneur | Jun 14, 2022 | Business, Tax
Employee-owned businesses – how do they work? If you’ve ever shopped at a branch of John Lewis, you may have heard the people working there referred to as ‘partners’. This is because John Lewis is one of the 470 employee-owned businesses in the UK, meaning that each... 
by AccountingPreneur | May 16, 2022 | Inheritance Tax, Property, Tax
If, as Benjamin Franklin said, ‘Nothing is certain except death and taxes’. Then it’s important to have an understanding of the latter and how the former (or more specifically, inheritance) can affect you financially. What is Inheritance Tax? Inheritance Tax... 
by AccountingPreneur | Apr 12, 2022 | Pension, Tax
Personal Pension Contribution When it comes to personal pension contributions, there are a lot of benefits to be had. Not only do you get the peace of mind that comes with knowing you’re doing something to secure your future, but you can also enjoy significant... 
by AccountingPreneur | Apr 6, 2022 | National insurance, Personal allowance, Tax
As it does every year, the start of the 2022-23 tax year on 6th April brings with it some changes to tax rates and allowances. It’s really important to understand how this might affect you, so we’ve put together a brief guide to help explain how it all works....