Don’t be fooled by appearances. That message from HMRC might be fake.

Received an email from HMRC which sounds too good to be true? The chances are it probably is, writes Emma Woods. You may have entered the world of phishing and fraud. At least once a month, I’ll pick up a read more >

Is flat rate about to fall flat?

Emma Woods explains that VAT regulations are set to change at the beginning of April 2017. The new regime may effectively spell the end of the flat-rate scheme for many small businesses. For a number of years now, many businesses read more >

Tax planning that leads to happy families

Mark Sheen suggests some simple ways to reduce your inheritance tax bill The inheritance tax (“IHT”) allowance, above which you are liable for a payment of 40%, stands at £325,000 per person and has been frozen at that level since read more >

Making sure a break-up doesn’t break the bank

Divorce can be very painful at many levels. That’s why you don’t want the additional burden of being unnecessarily penalised by Capital Gains Tax (CGT), writes Mark Sheen. During the emotional upheaval of a divorce, tax considerations are generally the read more >

What’s your status? It may be complicated.

Providing consultancy for a local authority many not be as straightforward as you imagine, writes Paul Burton. If you’re running a limited company and are offered a contract to provide consultancy to a council, the supply of those services is read more >

AISMA – WINTER DOCTOR NEWSLINE

Please click here for the Winter 2016/17 edition of AISMA Doctor Newsline, the newsletter for GPs and practice managers published by our membership organisation, the Association of Independent Specialist Medical Accountants. AISMA accountant James Gransby opens this issue with a read more >

We all gain from thinking before selling shares

Mark Sheen gives some valuable advice if you’re planning on realising the value of your shares. Whenever you sell or dispose of certain types of asset, you may find that you owe Capital Gains Tax (CGT). The tax is based on read more >

Making the most of your allowance

If the year-end is looming, it’s worth thinking carefully about whether there is any equipment you’re planning to purchase, says Chris Harland. Capital allowances are important to many businesses, as they allow you to deduct the cost of equipment you read more >

Festive fun and charity

Here at BA we’ve been holding a Charity Christmas jumper day and Sweepstakes draw. All donations have been given to charity with the winner of the Christmas sweepstake, Chris Harland, personifying the true spirit of Christmas by forfeiting his winnings read more >

Sole trader or limited company? Some points to consider

Changes in legislation make the choice more complex today, argues Emma Woods. If you’re setting up a business for the first time, one of the key choices you’ll make is over how you choose to structure it. The simplest option read more >