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The importance of having Lasting Powers of Attorney in place

People often put off making a Lasting Powers of Attorney until it's too late, assuming LPAs are irrelevant or can be postponed to the dim and distant future. In this article, Solicitor Abigail Hart explains why you should act sooner rather than later when considering an LPA. 

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Higher rate taxpayers could be paying too much tax on their pension contributions

If you’re earning £50,000 a year or more, and you’re part of an employer NEST pension scheme or other ‘relief at source’ arrangement, you could be missing out on significant tax reliefs.

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STUNTED GROWTH: HOW RISING COSTS AND RECRUITMENT WOES ARE CHOKING BUSINESS EXPANSION

Twice a year we ask business leaders across the country to share their aspirations for the next six months and track business confidence. Our latest Owner Managed Business (OMB) survey carried out in March 2023 looks at these consistent measures as well as new issues affecting UK businesses today.

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Partner Andy Page retires after 38 years

Andy Page, Partner at Corby and Northampton based-accountancy practice Moore East Midlands, has retired after a career spanning 38 years with the firm.

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Partner promotion at Moore East Midlands

Moore East Midlands is pleased to announce the promotion of Michelle Watson to Partner effective from 3 April 2023.

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Are dentists employees or sole traders?

Up until now anyone who was subject to a British Dental Association (BDA) or Dental Practitioners Association (DPA) contract, and where those terms were followed, would be considered by HMRC to be self-employed for tax purposes. This meant that the individual would be responsible for reporting their total income less allowable expenditure and paying any resulting tax to HMRC each year via the self-assessment system.

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Cheap and Cheerful - The perils of cut-price Wills

It goes without saying that making sure your Will is completely correct and a reflection of your wishes. We look at the main considerations when it comes to writing a Will and why it is important to employ a professional to ensure every detail is correct.

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Spring Budget 2023: Key highlights

The Chancellor of the Exchequer, Jeremy Hunt, delivered his Spring Budget on 15 March 2023.  We take a look at some of the key announcements.

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Changes to R&D for companies claiming under the SME scheme or the RDEC scheme

The Government recently announced important changes to the R&D scheme for companies claiming under either the Small and Medium Enterprise (SME) scheme and/or the RDEC scheme.  These changes impact on the amount of tax relief/repayments due in respect of expenditure incurred on or after 1 April 2023.

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If you are between 45-70 you should urgently check your qualifying years for state pension

If you are aged between 45 and 70 it is important to check that you have, or expect to have, made sufficient National Insurance contributions to qualify for the full State Pension.

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5 reasons to digitise your accounts in 2023

HMRC have recently announced the delay of the introduction of the Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) scheme until 2026. This delay will give those in scope more time to prepare and will reduce the risk of HMRC systems and support services becoming overwhelmed when the deadline hits.

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VAT refunds to overseas accounts are changing

HMRC have announced changes to how VAT refunds can be repaid into an overseas account. Previously they would send out a cheque, however you can now recieve repayments directly into your bank account.