Sinclair Day

September 13, 2017

Date announced for Autumn Budget 2017

The Chancellor has announced that the Autumn Budget 2017 will be held on Wednesday, 22 November 2017. The announcement was made on the GOV.UK website and included a video message from the Chancellor, Philip Hammond. In the video, the Chancellor said
September 13, 2017

Landlord’s Replacement Domestic Items relief

The Wear and Tear allowance that allowed landlords to reduce the tax they paid on furnished property lets was withdrawn at the end of the 2015-16 tax year. The 10% deduction was available to landlords regardless of whether furnishings in their
September 13, 2017

Paying wages for the first time?

There are a myriad of rules that new businesses must follow when they start employing staff for the first time. A full examination of the rules is beyond the scope of this article however we wanted to point out some important issues to be aware of
September 6, 2017

Tax relief and goodwill

Goodwill is usually defined as the ‘extra’ value attributable to a business over and above its tangible assets. In the vast majority of cases, when a business is sold a significant proportion of the sale price will be for this type of intangible