Limited company director duties and responsibilities When you become a director of a limited company, you are entrusted with several responsibilities and duties, to ensure that you run the company properly, and comply with company law and a wide range of rules and regulations which cover everything from paying your tax on time, to how … Continue reading Company Directors do you know your responsibilities?
House and Flats VAT for most work on houses and flats by builders and similar trades like plumbers, plasterers and carpenters is charged at the standard rate of 20% - but there are some exceptions. Zero rate VAT You may not have to change VAT on some types of work if it meets certain conditions, … Continue reading VAT on New Builds & Renovations.
Knowing your numbers is vital when running a business, property or otherwise. We recommend Xero above all others to the point that we only work with clients that are on the platform, their beautiful online software can give you a whole new way of doing your bookkeeping, accounts, invoicing, payroll and reporting - from anywhere, at any … Continue reading Xero in on your numbers and make better decisions.
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
We are told that the Government wants to simplify the tax system and help individuals and businesses to keep on top of their affairs. But what impact will this have on your business? Making Tax Digital (MTD) will require taxpayers to keep timely digital records of all business transactions and these will be sent directly … Continue reading Making Tax Digital
A new relief for first-time buyers was announced at the 2017 Autumn Budget, aimed at helping people onto the property ladder. The way the relief works creates a cliff edge if the price exceeds £500,000 - how might you avoid this trap? Relief The 2017 Autumn Budget announced a new stamp duty land tax (SDLT) … Continue reading Avoiding the cliff edge
4th April 2018 Work starts on site at joint venture in Enderleigh Nottingham The project teams from North Midland Construction and Earl & Pelham Property celebrated the start of their first housing development at Enderleigh Mews in Nottingham recently. Work on site is progressing well with the footings for the first houses already in place. … Continue reading Press Release for Earl & Pelham Property
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
These changes include the largest increases in a decade for the rates, that apply to 18-20 and 21-24 year olds. More employers than ever will be directly affected by these increases, including those who currently pay above the minimum. Get prepared, see the new rates below and ensure you pay all your workers correctly. These … Continue reading National Minimum and National Living Wage rates on 1 April 2018
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