Insights
There have been a significant number of tax changes for property investors, developers, and landlords throughout 2023. These changes could affect your income or how you operate in 2024 and beyond, so it’s important to understand them now! From cost-of-living...
Capital Gains Tax, or CGT, is the tax you will pay when you sell or gift an asset specifically for profit. It is a complicated subject, and the rate of tax you could pay depends on your financial situation at...
The self-assessment tax return deadline is on 31 January 2024, so it’s that time of year where all self-employed and freelance workers should be thinking about their finances again. Maximising tax efficiency when self-employed can seem daunting no matter how...
Private investing has long been a source of financial growth for private investors, often allowing individuals to stay in line with inflation over the course of several years or decades. However, investing doesn’t come without risk. There is always a...
Many business owners explore the idea of restructuring their companies and establishing a holding company due to the numerous benefits it offers. At Edwards Chartered Accountants, we understand that companies often opt for a holding company structure to achieve tax...
The 2023 Spring Budget brought with it a myriad of changes that could affect your personal finances, including Capital Gains Tax, pensions, and Inheritance Tax. Specifically, the changes to Inheritance Tax include a freeze on the nil-rate band, residence nil-rate...
As we head closer to the start of the new academic year, many soon-to-be university students are getting ready to move away from home for the first time and embark on the next step in their educational careers. University fees...
The content in this blog has been written by Managed IT support specialists Bold IT. They have been working alongside our team of chartered accountants in Walsall to enhance our IT processes. This support will enable us to continue to...
The new financial year in April 2023 has brought with it significant changes to Corporation Tax (CT), also known as Corporate Tax, for businesses of all sizes. These changes could end up significantly affecting your bottom line. CT has...
Starting a business is exciting, but it also comes with many challenges, that can be made even harder if you don’t have the right business plan in place, especially in an unfavourable economic situation. Approximately 20% of start-ups don’t...
On 4th January 2023, HMRC published guidance on a new penalty regime for late submission and payment of VAT returns, which has brought VAT penalties closer in line with those currently in place for direct tax returns. The new penalty...
The new tax year starts on 6 April 2023, which means that now is the perfect time to get your finances in order. Several important, tax-efficient allowances reset and rollover between financial years, so it’s important to make sure you’ve...
Living our values and being part of your business
Shared core values build trust and loyalty between both individuals and businesses. Our values are an essential guide to how our team interact with each other, our clients and our business associates.
Our core values are:
- Integrity
- Excellence
- Collaboration
- Innovation
- Responsiveness
- Growth