Umar Memon
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Blacklarke HR Consulting
Jack Ross Chartered Accountants is proud to recommend Blacklarke HR Consulting for clients’ HR needs. Whether you are looking to review or develop your HR policies and processes, deal with employee issues such as disciplinary cases, or simply need advice… Read more Blacklarke HR Consulting
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Gifts and inheritance tax
How gifts can reduce your liability for inheritance tax. Inheritance tax (IHT) at 40% is due on the portion of a person’s estate that exceeds £325,000. This can be reduced to 36% if 10% (or more) of the estate is… Read more Gifts and inheritance tax
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New system to challenge business rates outlined
A system to allow businesses to check and appeal business rates bills has been announced. The aim is to ensure that disputes are settled more promptly. Currently, over 955,000 appeals have been submitted against rating valuations but less than 2%… Read more New system to challenge business rates outlined
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Businesses will require software for digital tax accounts
Businesses will need to submit their tax and financial information quarterly using software that’s compatible with HMRC’s systems. In a letter to financial secretary to the Treasury David Gauke, Andrew Tyrie, chairman of the Treasury Select Committee, said that submitting… Read more Businesses will require software for digital tax accounts
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Extracting profits from your business
A guide to tax-efficient profit extraction for business owners. Owning and running your business is a tough proposition but it is vitally important that people continue to do it. As well as the rewards that come from hard work and… Read more Extracting profits from your business
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Lifetime ISAs
A guide to the Lifetime ISA. Announced by Chancellor George Osborne in Budget 2016 and launching on 6 April 2017, the Lifetime ISA is designed to provide a tax-efficient option for people saving for a first home or retirement. Buying… Read more Lifetime ISAs
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Keeping people with significant control registers
It is now a legal requirement for companies and limited liability partnerships (LLPs) to keep a people with significant control (PSC) register from 6 April 2016. A PSC register lists individuals with ‘significant control’ over a company. All information on… Read more Keeping people with significant control registers
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Capital gains tax planning
A guide to capital gains tax and allowances for 2016/17. Selling something you own for more than you originally bought it for is the basis of doing ‘good business’ in terms of both personal and business finance. Depending on the… Read more Capital gains tax planning
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Auto-enrolment for businesses
A guide to staying compliant with auto-enrolment. Auto-enrolling employees into a workplace pension scheme is a legal requirement for all businesses, from those employing hundreds to those with 1 or 2 people on the payroll. Over 6 million workers have… Read more Auto-enrolment for businesses
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Running a company car scheme
A guide to setting up a company car scheme and the tax implications of doing so. A company car is something that can benefit both employers and employees, provided you plan accordingly. Important questions to ask yourself are: These are… Read more Running a company car scheme