The COVID-19 pandemic has caused many different aspects of everyday life to be put on hold. In addition, it has impacted plenty of different businesses, organisations, and national sectors. HMRC itself also had a change in procedures. Throughout the pandemic focused more on financially supporting individuals and businesses, as opposed to collecting taxes. As a […]
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With the pandemic still continuing, rules on travelling abroad are relatively unstable. This means that many people are opting for a “stay at home” holiday this year – a holiday in the UK. As a result, you may be considering the idea of buying a holiday home as an investment. Property prices in popular holiday […]
Late filing or late payment of taxes can mean a large fine and interest on top. Working with an accountant you’ll never miss a deadline again. At Thomas Nock Martin we work well in advance so that tax filing is smooth and stress-free.
Business Relief reduces the value of a business, or its assets, when working out how much inheritance tax has to be paid. But, what many people don’t know, is that if you’ve borrowed money to support the business, relief may not be available. Find out how you can secure IHT business property relief.