by AJN Accountants | Oct 29, 2019 | Accounting, Advice, Contractors, FAQs, News, pensions, Tax planning
A lot of our clients are not aware of the starting rate of savings. To find out more read this short blog post. We find a lot of clients are unaware of the starting rate of savings. This is a tax free amount of £5,000 in interest income. The more earned from other...
by AJN Accountants | Aug 18, 2019 | Accounting, Advice, FAQs, Landlords, News, Property, Tax planning
Read this post to find out the details on reliefs that are available to homeowners to minimise your tax bill on sale of your property. An individual’s main home is exempt from capital gains tax (CGT) on any profit (sale price being greater than purchase price) made on...
by AJN Accountants | Aug 6, 2019 | Accounting, Advice, Financial planning, News, Tax planning
Find out how Inheritance Tax is effected by whether you are married or not. Read on to find out more. Our tax laws have some aspects which are not very well known. One of these relates to the most commonly hated tax (as if there is a tax we all like!, Inheritance Tax...
by AJN Accountants | Jul 13, 2019 | Accounting, Advice, FAQs, Landlords, News, Property, Tax planning, VAT
Some transfers of value are exempt from IHT and this article aims to highlight these. Read on to find out more. No tax is particularly liked by the taxpayer but it is fair to say IHT is amongst the most hated. Certain transfers of value are however exempt from IHT,...
by AJN Accountants | Jun 19, 2019 | Accounting, Advice, Landlords, Property, Tax planning
Read on to find out how you can reduce the amount of inheritance tax you are charged. Inheritance tax is charged at 40% on the value of the deceased estate which exceeds the threshold, currently £325,000. If the deceased left his/her home to children or grandchildren...