Employment Tax Changes 2019/20

Set out below are some changes to bear in mind for the new 2019/20 tax year. PAYE and NICS Announced in the November 2018 budget was an acceleration in the increase in the personal allowance to £12,500.  Originally expected to rise to this level by 2020/21, this increase has been brought forward to April 2019.  […]

Changes to Tax Relief for Buy to Let Landlords

From April 2017, the tax relief which landlords can claim for finance costs (most commonly mortgage interest) is set to change. From April 2017, to be phased in over 4 years, the relief will be restricted to the basic rate of tax only. This will directly impact higher rate tax payers with property income, where […]

Starting a business

What issues should you consider when setting up in business? It is the ambition of many people to run their own business. Some may have been made redundant and find themselves with free time and financial resources. Others make the decision to start up in business to be more independent and obtain the full financial […]


If you run your business as a company you may be able to save tax, dependent upon the likely profits which your business might make. However there may be disadvantages and a sole trade or partnership structure may be better. The issue of whether to run your business as a company or a sole trader […]

Business structures

When starting a business, there are a number of business structures which you could consider for your new venture. The most suitable structure for your business might depend on your personal situation and the future plans for the business. Different structures are taxed in different ways, and can influence the way in which you draw […]