Despite the financial pressures caused by the pandemic the government has gone ahead with the planned extension to tax breaks for environmentally friendly vehicles. What might this mean for your business? The end is not yet nigh Businesses wanting to take advantage of the capital allowances (CAs) tax break for environmentally friendly cars and other vehicles have … Continue reading Capital allowances incentive for “green” cars extended
The government has confirmed that the self-employed will receive financial support if their business has been affected by coronavirus. Are you eligible and how can we help you? Who can get the grant? Self-employed individuals or members of a partnership are eligible for a grant representing up to 80% of their average profits if they meet … Continue reading Covid 19 – the Self Employed grant explained.
Just a quick note to all to say we at Milestone want to wish all of our readers a very merry Christmas and an extremely prosperous New Year, what ever it may hold for you. Don't forget that if you haven't yet subscribed to our blog, then for all things Property, Business and Tax then … Continue reading Compliments of the Season
"From keeping track of business mileage to submitting accurate claims, Autotrip helps businesses save time, money and tax by automating every step of the process." - this is our suggestion for reducing your time spent on mileage claims, never miss a journey and hence claim the maximum amount and pay as little tax as possible. … Continue reading What is Autotrip?
Whilst under development - take a view of the video to see what we made of it. We are really proud of our recent development, this is a project by Earl and Pelham Ltd and our Joint Venture partners nmcm Ltd, it is situated just over a mile from Nottingham City Centre. https://vimeo.com/insideoutgrp/review/320265388/c687d68112 For more … Continue reading Take a look at our Enderleigh Mews development taking shape.
Amazing Breakthrough! “Scientists have discovered a revolutionary new treatment that makes you live longer. It enhances your memory and makes you more creative. It makes you look more attractive. It keeps you slim and lowers food cravings. It protects you from cancer and dementia. It wards off clods and the flu. It lowers your risk … Continue reading Book recommendation – “Why We Sleep” by Matthew Walker
I have recently finished this book, after a recommendation from a valued mentor, as always giving it a listen on Audible. My measure of a good book is having listened does a hard copy then make it onto my book shelves and there it sits. This then progresses into a great book for me by … Continue reading Book Recommendation – “Principles” by Ray Dalio
One of the main motives for transferring a sole-trader business to a company in which you own shares is tax saving. You’ve probably read articles about the process, and how it’s possible to legitimately avoid paying capital gains tax (CGT) through the use of special claims. However, what’s almost invariably overlooked is the possible stamp … Continue reading Incorporating your property business
The average UK small business spends £5,000 and three working weeks every year on tax compliance, according to the latest report from the Federation of Small Businesses (FSB). Taxing Times highlights the many hurdles small businesses face when trying to pay taxes. Almost half (46%) say determining the tax rates at which they’re required to … Continue reading Small firms urge tax reform as they lose £5,000 and 15 working days a year to compliance
Vacant Building Credits (VBC) apply to all buildings that have not been abandoned, and that you have not made vacant, that is:- 1. Brought back into use or 2. Demolished to be replaced by a new building. 3. That are commercial to residential conversions The developer receives a credit equivalent to the existing gross floor space … Continue reading What are Vacant Building Credits and how do they benefit you.