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Filtered By Category: Specialisms

Feb 14 2024

Is your FHL business exceeding the VAT threshold?

Categories: LeisureTaxation

It is crucial to ensure that your business is VAT registered once it breaches the VAT threshold of £85,000. The threshold should be monitored on a rolling 12-month period, and many business operators do not realise this. The supply of FHL accommodation is a standard rated supply with VAT chargeable at 20%. This can have more

Jan 31 2024

Christie & Co’s Business Outlook 2024

Categories: Healthcare

Specialist business property adviser, Christie & Co, has released its Business Outlook 2024 report, an annual report that looks at the year ahead and gives an overview of the previous year for a number of sectors, including healthcare. Head of EQ Healthcare, Louise Grant, commented; “The Business Outlook report gives an encouraging overview for the more

Jan 29 2024

Is your business stuck in the digital dark ages?

Categories: Technology

‘We have always done it this way’ is often referred to as the most expensive words in business. But why is that? Why would you change a working formula? We are living in an era where technology is moving forward each and every day. Just think how far technology has come in the last 10-20 more

Dec 18 2023

New online service for VAT DIY Housebuilder claim

Categories: Property & ConstructionTaxation

HMRC have launched a new online service which allows DIY housebuilders the ability to recover VAT incurred on their build.  This should hopefully speed up the VAT reclaim process. Previously the claims had to be done manually and involved sending paperwork by post to HMRC. For some background information, the DIY Housebuilder scheme tries to more

Dec 15 2023

Are dentists paying the correct amount of tax?

Categories: Healthcare

The deadline for filing your Self Assessment tax return, 31 January 2024, is fast approaching. If you file late, even by 1 day, you will be charged penalties, with interest also charged if your payment is late. We always advise that returns are prepared as early as possible to allow for planning of tax liabilities, more

Dec 15 2023

How did the Autumn Statement impact FHL’s?

Categories: Leisure

In the weeks prior to the Autumn Statement, there had been rumours of an extension to the nil rate band for Inheritance Tax (IHT), but as it transpired, there was nothing mentioned. That ensures that any family succession or estate planning can proceed without the inconvenience of rules changes, with various IHT reliefs also left more

Dec 11 2023

Keeping it in the family

Categories: Leisure

The holiday park sector has always been heavily populated with family-owned businesses, often spanning several generations. Succession matters are perhaps the most important issues within family businesses, in particular picking the right method by which to pass on the family business. It would normally be assumed that this would be done by way of gift, more