Keep up to date with the latest news and information from UHY Torgersens in Sunderland, Newcastle and Jarrow.
Paying voluntary NICs – why and how?
August 22, 2017
There are various reasons why gaps may arise in an individual's National Insurance Contributions (NICs) record and, in certain circumstances, these gaps may need to be paid in order to qualify for full entitlement to benefits such as the state pension.
Employment trends: can you turn the demographic time bomb to your advantage?
August 11, 2017
Over the last few decades we have seen an obvious trend that has caused much concern among governments and financial institutions and has been viewed with such anxiety that it has earned the epithet ‘The Demographic Time Bomb’.
Mileage rates for electric and hybrid cars
August 4, 2017
We look at the confusion that has been reported over how businesses should calculate mileage expenses rates for electric and hybrid company cars.
Client case study: Cycle Centre Newcastle
July 25, 2017
When an opportunity arose to acquire the business last October, Rob Ford jumped at the chance. We've been providing general business advice to Cycle Centre Newcastle since February.
Inheritance Tax: main residence nil-rate band
July 14, 2017
How will the new Inheritance Tax nil-rate band assist those who are looking to pass on a home to family after death?
Reform of landlords’ taxation?
July 7, 2017
There is a new property allowance which will remove some landlords from Income Tax, whilst for others, it will provide a deduction from profits of £1,000.
IR35 and the pitfalls of providing services to the public sector
June 23, 2017
It is now the responsibility of the client organisation (the one paying the fees) to decide whether IR35 applies and, if it does, to treat the contractor as an employee and deduct tax and NI from the payments.
Capital Gains Tax annual exemption: use it or lose it!
June 16, 2017
When considering a client’s financial position, be it for their business or personal affairs, we are always keen to consider how we can limit any tax liability.
Your property questions answered
June 12, 2017
This week Martin Johnson answers some property tax queries regarding CGT, Stamp Duty and setting up a limited company as a means of buying freehold.