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Introduction of Basis Period Reform Delayed

Just a quick update to my previous blog post which covered the delay in implementing the extension to Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) to businesses and landlords until 2024. It has now been announced that the introduction of the basis...

Employers must also prepare for tax rise

Following Prime Minister Boris Johnson’s announcement of the introduction of a new health and social care tax to boost funding for the NHS, in this blog post I take a look at what this means for you. The social care levy will initially see employees and the...

How much is your business worth? Part II

In part one of his blog post on valuing your business, HSKS Greenhalgh Corporate Finance Director Colin Peacock looked at why it’s important to firstly work out what is is you’re actually selling. As he explains in part two, once you’ve gathered together...

How much is your business worth? Part I

In the first of a two-part blog post on valuing your business, HSKS Greenhalgh Corporate Finance Director Colin Peacock looks at why it’s important to firstly work out what is is you’re actually selling. Whether you’re making exit plans or you want to give...

How to make a will using video-conferencing software

Wills being witnessed over video in England and Wales became legally valid from September 2020. Previously, the law technically required a will to be made “in the presence of” at least two witnesses to be legally valid. However, some people have...