How to avoid late HMRC payment penalties and interest

If you’re expecting a sizeable self-assessment tax bill for 31 January 2020. How and when can you reduce this, and if you can’t how can you manage the payment in the most cost-efficient way? HMRC’s pound of flesh If you’re late paying either of your January or July instalments of tax, HMRC will charge interest … Continue reading How to avoid late HMRC payment penalties and interest

The Budget has been set for 6th November 2019

The Chancellor has announced the date for the first post-Brexit Budget. What can we expect? Whats in store for us? Announcement. Sajid Javid said "This will be the first Budget after leaving the EU. I will be setting out our plan to shape the economy for the future and triggering the start of our infrastructure revolution". What … Continue reading The Budget has been set for 6th November 2019

VAT Reclaims on New Build and Conversions

Could this be your new home? The DIY Housebuilders Scheme (Notice VAT431NB for new builds and Notice VAT431C for conversions) allows you to reclaim VAT from HMRC that you have paid out for your project if you are:        (1)  building a new house        (2)  converting a building into a new dwelling        (3)  bringing an existing dwelling that has not … Continue reading VAT Reclaims on New Build and Conversions

Is your property business running you or are you running it?

Is your property business growing but you are not in full control of your numbers, then we can help. Here at Milestone Management Solutions Ltd we specialise in providing the information for you to make better decisions about your business. Better decisions make increased profits and reduced tax and enhanced cash flows. Are you running … Continue reading Is your property business running you or are you running it?

Savings not attracting enough interest!

Are you in the fortunate position of having cash sitting in the bank, but feel unfortunate because it is earning very little? If this is you then please read on. Our associated companies invest in the property market place, in Derby, Nottingham and Stoke, we are looking for seed capital/joint venture opportunities to get projects off the … Continue reading Savings not attracting enough interest!