Dealing with an estate after the death of a loved one: A step by step guide

Estates

Following the loss of a loved one, there can be a lot to deal with, and having to go through the administrative process too can feel quite overwhelming at such a difficult time. If you have been appointed as the Executor in the Will (if there is one) then it becomes your responsibility to deal […]

Use of Deeds of Variation

Deeds of Variation

Written by Tax Partner, Michaela Lamb In an ideal world, everyone would take tax advice before drafting their Will to ensure that not only are their loved ones taken care of, but that this is done as tax efficiently as possible, both now and in the future.   Unfortunately, this is not always the case, […]

Leaving a Charitable Legacy

Leaving a Charitable Legacy

Written by Tax Partner, Michaela Lamb Many people make monthly or annual gifts to charity during their lifetime, and in doing so are able to take advantage of gift aid rules which help both the charity and them personally, with HMRC providing a generous benefit to both parties. However, far fewer people make a charitable […]

VAT and the Construction Industry – Client webinar

VAT and the Construction Industry

Sandy Cochrane, Gravita’s head of VAT, will be presenting a 45 minute webinar on Thursday 12th October from 9:00am – 9:45am, addressing and explaining the main VAT problem areas that both contractors and subcontractors currently face in the construction industry. The areas she intends to cover will include: General overview The Domestic Reverse charge: understanding […]

Webinar: VAT and the Construction Industry

webinar

Sandy Cochrane, Gravita’s head of VAT, will be presenting a 45 minute webinar on 3rd October 2023 addressing and explaining the main VAT problem areas that both contractors and subcontractors currently face in the construction industry. The areas she intends to cover will include: The domestic reverse charge: understanding the supply chain and whether the […]

What is a Family Investment Company (FIC) and is it Right for Me?

Family Investment Company

A Family Investment Company (FIC) is a private company which is often used to move wealth to the next generation(s) without suffering Inheritance Tax (IHT), the FIC’s shareholders are family members. It can be used as an alternative to a family trust and acts to facilitate future succession planning. It is likely to appeal to […]

Gravita Audit debuts halfway up the AIM rankings

Aim rankings

The AIM Advisers Rankings Guide is published each quarter by Adviser Rankings Limited. It contains details of institutional advisers and their quoted AIM clients.   These lists are drawn not only from UK and Channel Island domiciled companies but also from the growing number of overseas companies that are joining London’s Alternative Investment Market.   […]

Stamp Duty Land Tax (SDLT) – A Beginner’s Guide

Stamp Duty Land Tax

What is SDLT? SDLT is a capital tax payable by the purchaser of both freehold and leasehold interests in property and land situated in England or Northern Ireland. It is calculated by reference to a percentage(s) of the chargeable consideration. This would usually be the property’s purchase price though it can also include the release […]

Employee Ownership Trusts (EOTs) – Tax efficient exit and succession planning

EOTs

Written by Tax Partner, Thomas Adcock What is an EOT? An EOT is a special form of employee benefit trust which was introduced by the Government in 2014 to further encourage and support employee ownership of UK trading companies, via an indirect holding. EOTs are an alternative form of company exit for shareholders and are […]