Changes to Principal Private Resident’s tax treatment from 6th April 2020

Now that the summary of responses on the Government’s Principal Private Residence Relief consultation has been published, we wanted to take the opportunity to confirm the taxation reforms that are coming into effect on 6 April 2020 in relation to disposals of property that have at some time been your Principal Private Residence. Currently, the[…]

Tapered annual allowance

How it affects high net-worth individuals The tapered annual pension allowance for high net-worth individuals was in the headlines again recently. Concerns were raised that its impact on doctors within the NHS pension scheme is prompting high-earning NHS staff to leave their posts or reduce their hours. In December 2018, it was reported that the[…]

Identifying inefficiencies in a business

Avoiding waste, maximising profit Accountants, as a breed, are fans of efficiency. We tend to appreciate optimised systems and abhor waste, whether it’s time, effort or resources being frittered away. The concept of efficiency as we know it today is a product of the industrial revolution. That’s when engineers and manufacturers became obsessed with squeezing[…]