A Good Adviser Should Save You More Than He Costs You

Hopefully everyone who needed to file a tax return has managed to get their tax returns in on time. There is always a mad rush to sidestep the £100 fine for missing the Jan 31st deadline. For those

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Merry Christmas – And Changes to the Tax System this Coming Year

Merry Christmas! Well how else would you start an article at this time of year? This year has seen a good period of growth here at Norwich Accountancy Services, with our new headquarters opening at

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Tax Return Deadlines and Landlord Wear and Tear Allowance

The first thing we ought to mention at this time of year is the impending deadline for self assessment tax returns on the 31st of January. Fines await those who have untaxed income to declare and who

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More Controversy in the Buy-To-Let Market!

According to a recent survey by Your Move, half of the landlords selling today are doing so because of the recent changes by the Government to tax relief on financing costs. For those of you who somehow

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Investing in a Buy to Let can be Incredibly Lucrative – but also a Tax Minefield

Investing in a buy to let is, it has to be said; a tax minefield. It attracts just about every type of tax going: Stamp duty, (when bought) Income tax (when rented) Capital gains (when sold) VAT (when

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How the Tax Changes to Dividend Income will Hurt Small Companies

Of course the big news is on the coming changes to dividend income. I’m going to briefly explain this in broad terms. Stephen Hawkins was told when writing ‘A Brief History of Time’

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Changes to the way Financing Interest is a Tax Deductible Expense to Landlords

Well, what else is there to write about in the property pages except the change to the way financing interest is a tax deductible expense to landlords? This is a very significant change to all those

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Tax Free Childcare?

Following the judgement last week from the supreme court the Government is now pressing on with its plan to make childcare ‘tax free’. The supreme court last week dismissed claims that it

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A Person Doesn’t Know How Much He Has To Be Thankful For Until He Has To Pay Taxes On It!

High prices in North Norfolk can only be good for the county in general. There may be a significant number of second homes here in Norfolk (Sandringham being one of the most famous second homes in the

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Property Rental Income v Employment Income – An Interesting Tax Comparison!

When asked about his tax return Albert Einstein said “This is a question too difficult for a mathematician. It should be asked of a philosopher”. Unfortunately, in the UK, the only people

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