Webinar: Business tax refresher and planning
Register here We invite you to join us and Tim Palmer, Tax Consultant, at our webinar on 24th October for a business tax refresher and planning. During this session, Tim will be covering: Tax refresher and planning for self-employed clients and partnerships The switch to the fiscal year basis Capital allowances update Tax planning for […]
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 […]
HMRC Enquiries & How to Reduce the Risk of Being Selected
HMRC enquiries can be time-consuming and stressful. We shall consider why they happen and what steps you can take to reduce your chances of being selected. Why Have I Been Selected? It could be as simple as HMRC randomly selecting your tax return, or it could be as a result of: Errors, inconsistencies, […]
VAT and the Construction Industry – Client webinar
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 […]
Should I incorporate my buy to let property business?
Written by Tax Partner, Michaela Lamb Since the announcement made in the 2015 Summer Budget introducing a restriction on the tax relief provided on mortgage interest for individuals, the most common question we have been asked is “Should I incorporate my Buy to Let Property Business?”. Translated this is simply, “should I put my property […]
Webinar: VAT and the Construction Industry
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?
Watch our explainer video 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 […]
Gravita Audit debuts halfway up the 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
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
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 […]