Archive for the ‘Business Services’ Category

A wooden dolls house

Buy-to-let tax bombshell for Landlords

Posted by Gary Mackley-Smith on

Landlords who have financed their buy-to-let properties through borrowings are in for a shock. Tax relief for finance costs (including loan interest) related to residential property is to be slashed. This is a blow for those who have borrowed ...

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July 2015 Budget response - Bishop Fleming's response to the July 2015 Budget

New dividends tax: the latest tax grab

Posted by Gary Mackley-Smith on

The 8 July Budget was a bad budget for family companies. Hard working entrepreneurs are to be hit with a new tax on their dividends. From 6 April 2016 dividend income above £5,000 will be taxed at 7.5% for basic rate taxpayers, 32.5% for higher ...

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Cornish farm fields

Farmers, milk pools and quotas

Posted by Gary Mackley-Smith on

Milk quotas have been abolished after more than three decades of EU attempts to control dairy production. Whilst this may lead to milk pools and butter mountains in the future, a current tax issue for farmers is what to do with their now ...

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a picture of a green piggy bank, to represent pensions tax relief

Pensions Under A Tax

Posted by Gary Mackley-Smith on

Pension savers earning more than £150,000 a year face restrictions on the amount of tax relief they can claim on their contributions. Now that the general election is out of the way and we have a Tory majority, what was included in their ...

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VAT, tax, PAYE

March 2015 Budget at a glance

Posted by Gary Mackley-Smith on

The key tax announcements of Chancellor George Osborne in his 2015 March Budget. The economy continues to improve and the economic forecasts are encouraging. The fall in the oil price has given households more spending power, which should boost ...

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Westcountry must fight urban v rural broadband funding

Posted by Press Release on

“Taxpayer subsidies for cities should be extended to rural communities” Taxpayer funded programmes to deliver super-fast broadband are leaving “hard to reach” rural communities in the Westcountry out in the cold – ...

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Ian Smith, Chair of Bishop Fleming

The Big 4 should stick to their knitting!

Posted by Ian Smith on

KPMG’s announcement that they have invested £40m in taking on the SME market makes interesting, if frankly amusing, reading. Systems, back office factories and automated everything makes great sense in a pure lean manufacturing world, but ...

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