tax

  • Tax on property sales

Tax charge when you sell residential property investments

Since 1st July 2020, in most instances, you are required to report and pay tax within 30 days when you make a profit on the sale of a residential property that is not your main home.

The change has drastically reduced the previous time gap between the date of sale and the date of paying the tax.  You will now be […]

  • accountancy and tax advice

Accountancy and tax advice for property investors

Property and Wealth
Owning a property portfolio is an aim of many people. Whether the portfolio runs alongside a trading business or becomes the main focus, the appeal is to accumulate a capital asset which can produce a stream of income.

Because ad+ has so many clients who own property investments, this is a topic in which we have a special interest.

We […]

  • Corona-Covid-financial-help-business

Coronavirus Job Retention Scheme portal open

This morning, the HMRC portal opened to accept claims for grant support under the ‘Coronavirus Job Retention Scheme’ (CJRS).

ad+ has set up all the processes necessary to claim the job retention grant on behalf of our clients and any other local businesses that require help.

It is essential that all claims are accurate, valid, and supported by written evidence.

If you need […]

  • Corona-Covid-financial-help-business

Update 3rd April:  Financial aid to tackle Coronavirus impact

 

This fifth client bulletin concentrates on financial steps business should take now.
Before highlighting new measures, I would like to provide further update on the most important support measures announced to date:

[A]  PREVIOUS ANNOUNCEMENTS
UPDATE FOLLOWING ADDITIONAL GUIDANCE

[1]  Coronavirus Job Retention Scheme

The HMRC application platform is NOT ready yet: it is expected to be available by the end of April 2020.

[2]  […]

  • Corona_Protecct_Business

Coronavirus: Self-Employed and Furloughed Workers

 

 

 
This forth client bulletin concentrates on financial steps business should take now.
SELF-EMPLOYED SUPPORT ANNOUNCEMENT
Last night, Chancellor announced the “coronavirus (COVID-19) Self-employment Income Support Scheme“, which you can use if you are self-employed or a partner and you have lost income due to the impact of coronavirus.
Some of the details from the official HMRC announcement about this important new financial aid package are noted below. Please contact us […]

  • Corona-Covid-financial-help-business

Act now to secure financial help for your business

This third client bulletin concentrates on financial steps business should take now.

Small Business Bonus Relief (to reduce non-domestic rates)
“Small business bonus relief” is an existing scheme which reduces the amount of non-domestic rates that are paid by small businesses.

Obtaining this relief is a qualifying criteria for a new cash grant from the described next.

APPLY:-

South Lanarkshire Council:  https://www.southlanarkshire.gov.uk/forms/form/311/en/small_business_bonus_relief

North Lanarkshire Council:  https://www.northlanarkshire.gov.uk/index.aspx?articleid=29202

Glasgow City […]

  • Coronavirus protect business and wealth

Coronavirus emergency financial help for business

Emergency financial help for business
This is the second in our series of bulletins through which we aim to help all our clients by sharing up-to-date official Guidance and practical tips to combat the financial impacts caused by the Cornonavirus (Covid-19).
 
There are five emergency financial aids that I want to highlight today.

CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME
From today, the Coronavirus Business Interruption […]

  • Coronavirus protect business and wealth

Coronavirus – protect your business and your wealth

Unprecedented Times

ad+ is here to help protect your business and your wealth
 
This is the first in our series of bulletins through which we aim to help all our clients by sharing up-to-date official Guidance and practical tips to combat the financial impacts caused by the Cornonavirus (Covid-19).
“Britain is facing something akin to wartime”, according to the head of the Office […]

Pay less tax

Ignoring tax saving opportunities could cost you a lot. Between now and 5th April is your last chance to cut your tax bill for the current year by utilising a series of perfectly legal steps.

The correct tax advice depends on your specific circumstances. Get in touch with David Charles to arrange your initial discussion with our tax specialist.

E:  dcharles@adplus.co.uk

T:  0141 […]

Need a new accountant before your next VAT Return?

You can switch to ad+ Chartered Accountants quickly and easily. We can take care of everything for you.  Normally, we can transfer all your bookkeeping and accounting records in time for your next VAT Return. If you need a new accountant, have a look around our web site, or get in touch. We are always happy to chat with ambitious […]