As our children are heading back to school and university, and home-working with a full house becomes a distant memory, now is as good a time as any to take the opportunity to review our financial and personal affairs. September is often a time for families to get organised for the future; with children progressing…
Is a charity is allowed to provide financial support to its trading company if the company is struggling and, if so, should a charity should go down that path? One of the effects of COVID19 has been the dramatic fall in income for almost every company in the country that relies on trading. This is…
If you own and manage a family-owned business, then understandably the vast majority of your time will be spent ensuring that your business runs well and is profitable. This is inevitably a demanding task, so it is perfectly understandable that some significant tax considerations risk being overlooked. The way that family-owned businesses are taxed is…
If you are widowed and your spouse/civil partner was an ISA saver then did you know that you benefit from the right to retain their ISA wrapper? Under the previous system, when someone died, any savings held in an ISA automatically lost their tax-free status, and the tax benefits were lost forever. This meant that…
