Hello to all our readers,
We have more exciting news with Simon Howley and what an honour! Simon has been invited to be a member of the prestigious Leaders Council of Great Britain and Northern Ireland! The Leaders Council of Great Britain and Northern Ireland is a network of the most influential figures from across the country. It champions and celebrates the hard work and achievements of Great British leaders, while seeking to inspire the next generation. Congratulations Simon! In this months newsletter we talk about not undervaluing the cost of a will; buying cheap is not always cheerful! Another of Amanda’s articles talks about making sure a beneficiary is not making a false representation of another beneficiary.
Also for our tax advice this month we've got an article on saving tax for company directors, extracting cash due to the pandemic and claiming back 7 years of expenses for your rental business!
Don’t undervalue the ‘cost’ of an accurate will – cheap is not always cheerful!
Be cautious about being lulled into online and cheap deals; you are considering a lifetimes worth of wealth and relationships and instructions must be carried out professionally and diligently. See what can happen....Read more>>>
Special Rules for Company Directors.
Did you know that special rules apply to company directors when it comes to calculating their Class 1 National Insurance liabilities? You can also choose how and when they are paid.
The 'drip drip drip' of poison -damaging comments can lead to exclusion of potential beneficiaries It seems highly unlikely that when a client is sitting in your office alone, that there could be any fraud perpetrated in relation to the will you are about to draft for them. However.....
Strategies to extract cash from your company. If your company has been adversely affected by the pandemic, you may not have enough retained profits to pay your usual dividends. So how should you extract cash from your company?
Starting a property business? Claim seven years before you started your rental business.
When starting a new property rental period there will usually be a preparatory phase during which expenses will be incurred. To what extent is relief available for expenses incurred before the property is let? Read more>>>
If you are looking at help or advice on any of the following services please feel free to contact us direct or find out more using the links to our web pages below:
Thank you for reading our latest news and if you've got a tax or legal issue you would like us to cover in our next newsletter, or any specific questions related to our articles this month, please let us know!
Kind regards, Simon, Amanda and the team at Bell Howley Perrotton.