Nadia Cowdrey

Oct 30, 2024 | dmhstallard.com | Nadia Cowdrey

Potential income tax trap when caring for an elderly parent!In some cultures, caring for an elderly relative is expected and the norm. Although not quite so common in the UK, most people want to avoid going into a care home and would rather live with family if they are no longer able to manage at home alone. But how many elderly people in this situation realise it could trigger an income tax charge?

Oct 28, 2024 | dmhstallard.com | Nadia Cowdrey

It’s natural to worry about how your loved ones will cope financially and emotionally after you are gone, more so if they are vulnerable and dependent on you. Fortunately, only a small number of young children find themselves orphaned, but what if your child will remain dependent on you well into adulthood? Arguably, gone are the days when any child flees the nest at 18 for further education or work never to return to the family home as a dependant again.

Mar 7, 2024 | platinummediagroup.co.uk | Michael Pay |Jonathan Grant |Nadia Cowdrey |Nigel Lambe

As we stand on the brink of a new year, many entrepreneurs find themselves at a crossroads, pondering the future of their businesses. While the decision to part ways with a venture you’ve poured your heart and soul into is never an easy one, the dawning of 2024 might just be the perfect moment to consider selling your business. In this article, we explore the compelling reasons why seizing this opportunity could be the key to unlocking new horizons in both your professional and personal life.

Mar 7, 2024 | platinummediagroup.co.uk | Jonathan Grant |Nadia Cowdrey |Nigel Lambe |John Walsham

These provide and allow key employees to have an equity interest in your business, without the risk of creating minority shareholder rights, or recovering shares if the employee leaves. Employees often qualify for shares immediately before a sale of the company (but with all the tax benefits of being a long-term shareholder). A cheaper alternative? Clients often like the idea of simply making a gift to loyal employees after a sale (“don’t worry, I will look after you”).

Mar 7, 2024 | platinummediagroup.co.uk | Nadia Cowdrey |Nigel Lambe |John Walsham

Thinking about Christmas usually conjures images of family and friends having fun, but it can also be a time of sadness, remembering those who are no longer with us, or caring for someone who is nearing the end of their life. It is therefore hardly surprising that, by New Year, many of us have resolved to get our legal affairs in order. So, what does getting your affairs in order look like? There is more to it than simply thinking about your Will.