You may be delighted if HMRC use this unit to look after your tax, as it means you have substantial assets. However, according to HMRC it also means that you are more likely to be inclined to seriously consider a variety of ways of reducing your tax bill! Cases looked after by HNWU are regarded as higher risk. Each taxpayer Continue Reading
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HMRC Receives List of UK Residents with HSBC Accounts in Jersey
This week HMRC has received a detailed list of the names, addresses and account balances of every British client with an account held in Jersey with HSBC. According to a report in the Daily Telegraph, the list identifies 4,388 British people holding £699 million in offshore current accounts, with an average amount held of £337,000. One investment manager has more Continue Reading
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ARE YOU THE OWNER-MANAGER OF A SMALL BUSINESS IN THE SEED REGION?
DO YOU ASPIRE TO SELL YOUR PRODUCTS/SERVICES OUTSIDE NORTHERN IRELAND? If so... apply for the SEED First Time Exporters Development Programme! This Programme is all about helping inexperienced/first time exporters to move from talking about exporting to actually doing it. If you have an interest in exploring business opportunities in export markets - Republic of Ireland, GB or further afield - this programme Continue Reading
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USING YOUR HOME FOR BUSINESS?
We always look to maximise your tax breaks if you use your home for business, as they can be considerable (with care). For example, if there is non-exclusive business use of a room in your home, there is a claim which can be made for a proportion of the running costs; this does not automatically result in a restriction to Continue Reading
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