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2 months ago | 
albertgoodman.co.uk | Liz Jones |Albert Goodman
Article Following the recent announcements in the Budget regarding the proposed changes to the taxation of pension funds for Inheritance Tax (IHT) as well as the restrictions introduced to Business Property Relief (BPR) and Agricultural Property Relief (APR), many will now need to be reviewing their pension arrangements more closely.
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2 months ago | 
albertgoodman.co.uk | Andrew Withers |Albert Goodman
Article While the budget is supposed to be a budget for growth, the extra tax on employment may affect the ability for an employer to invest in the business which therefore could prevent growth. This article considers remuneration planning following these changes, rather than the general affect across the wider business sector.
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Jan 10, 2025 | 
albertgoodman.co.uk | Albert Goodman
Necessary cookies Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions. We'd like to set performance cookies to help us to improve our website by collecting and reporting information on how you use it.
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Dec 5, 2024 | 
albertgoodman.co.uk | Andrew Law |Albert Goodman
Article The Autumn Budget of 2024 has made some significant changes to the way capital taxes impact business assets. In this article we will look at the main changes and the impact on tax planning for businesses going forward. The changes to capital gains tax (CGT) will have a significant effect on the amount of CGT payable on the disposal of business assets.
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Dec 5, 2024 | 
albertgoodman.co.uk | David Lake |Albert Goodman
Necessary cookies Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions. We'd like to set performance cookies to help us to improve our website by collecting and reporting information on how you use it.
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Dec 5, 2024 | 
albertgoodman.co.uk | Albert Goodman
Political parties come, and they go. Taxes go up, and occasionally down. Markets go up, and often down too, and we don’t have a lot of control over any of them. We do however have control over the way we invest our clients’ funds. Almost 10 years ago, our team launched the Albert Goodman investment portfolios, and we applied our principles of using low cost, evidence based investments.
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Dec 4, 2024 | 
albertgoodman.co.uk | Albert Goodman
Leading South West-based chartered accounting firm, Albert Goodman, has announced the appointment of Dawn Baker, who joins the Bristol office as Partner, Practice Protection and Forensic Services. Dawn’s appointment is a significant hire that bolsters Albert Goodman’s service offerings in forensic accounting as well as enhancing the firm’s commitment to delivering a high quality of service to its clients. As an alumnus of Exeter University, Dawn has lived in the South West for over 25 years.
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Dec 4, 2024 | 
albertgoodman.co.uk | Michael Cahill |Albert Goodman
Article It’s been widely reported that the recent budget will have a significant impact on the business community and that businesses will be bearing the brunt of the £40 billion in additional taxes that Rachel Reeves is looking to raise. In this article we have highlighted some of the key changes that will impact owner managed businesses and we have given our thoughts on how to manage these changes.
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Nov 5, 2024 | 
albertgoodman.co.uk | Albert Goodman
A new scam is targeting businesses by sending fake letters that request taxpayers "verify" their financial information via email. Scammers frequently impersonate HMRC through calls, texts, emails, and letters to access money or personal data. If successful, this scam could lead to identity theft, allowing criminals to secure loans or withdraw funds from directors’ accounts in the company’s name.
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Nov 1, 2024 | 
albertgoodman.co.uk | Kate Bell |Albert Goodman
As part of the budget, DEFRA have announced the next stage of BPS delinked payments. Reductions from 2020 levels had been announced previously, with no forecast for 2025 and onwards. This has now been announced with a significant drop in the delinked payment with the highest claimants being hardest hit as the maximum claim will now be £7,200. The graph shows the drop in expected income. Payments in 2025 will be based on 24% of the claim in 2020.
