Edwards Accountants 
Maximising your pension: What benefits are taxable? When it comes to retirement in the UK, strategic tax planning is key towards ensuring you have a financially secure future. Whether you’re approaching retirement or just starting your career, it’s important to be aware of what are taxable benefits when it comes to your pension and retirement … Read more
For start-ups and small businesses, it is crucial to minimise expenditure at every turn to give you as many resources as possible to help with initial growth. Ensuring that you are optimising your tax liability by making the most of any available deductions or claims is one of the most effective ways to do this, … Read more
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 rises potentially impacting development costs to Capital Gains Tax exemption amounts, here’s a summary of … Read more
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 time of the sale. CGT can impact a wide range of people, from private … Read more
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 many times you do it, but it really doesn’t need to be. Here are some … Read more
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 chance that investors could lose money on the market, and venture capital strategies are often … Read more
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 efficiencies, mitigate risks, or prepare for future sale or succession. The creation of a holding … Read more
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 band, and agricultural relief. Read on to find out the specifics of these changes and … Read more
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 make this next step an expensive endeavour for students and their families alike – but … Read more
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 provide our clients with the high-quality tax services, asset protection and wealth management services they … Read more
