Monthly Archives: October 2013

 From 6 April 2014 the pensions’ lifetime allowance will be reduced to £1.25 million from the present level of £1.5 million. If you have already built up pension savings of more than £1.25 million or have planned to do so in the expectation that the lifetime allowance would not reduce from the 2013-14 level, there is a new form of Continue Reading

If you own the property that you trade from, for example a hotel or guest house, the purchase price of the property may have included the cost of certain integral features that it may be possible to submit a claim for capital allowances.  The Finance Act 2012 included provisions that affect the ability to make such a claim and we Continue Reading

New guidance for businesses on securing bank finance has been released by two leading membership organisations from the business and banking sectors. The Federation of Small Businesses (FSB) and the British Bankers' Association (BBA) joined forces as part of Small Business Advice Week 2013, which ran from 2-8 September. The top five tips are: Develop a robust business plan This Continue Reading

If you are married, and if you and your spouse do not pay tax at the higher rates, you may benefit to the tune of £4 per week if the Conservative party wins the next election, or controls a coalition, from 2015. It is estimated that four million married couples, and fifteen thousand civil partnerships, would benefit from a scheme Continue Reading