We’re delighted to be celebrating our 90th year in business this year, having been formed way back in 1928 by Mr James Sibbald. As well as looking back on our proud history, this post also looks forward to the various technological developments which will revolutionize our practice.
You may be a sole trader, a partnership or run your business through your personal limited company, whatever vehicle is used to run your business there will be a time when you want to take it a little easier or stop all together and at that time having a clear plan in place well in advance will help secure the right tax reliefs for the assets you dispose of.
Selling or giving away personal belongings can sometimes have tax consequences. When disposing of personal belongings, you should be aware of Capital Gains Tax (CGT) which is a tax on the increase in value of a belonging.
As we get older it is natural to want to help the younger generations with a financial gift, however here are some things to be aware of if making gifts.
The introduction of MTD is the perfect opportunity to completely transform and revolutionise the way you do business and the way you maintain your accounting records. To book a free MTD compliance review, or to find out more, contact Rob Holt or Sara Martin on 01332 242257
Hari and David recently joined with other representatives from businesses who have signed up to sponsor the Derby Telegraph Business Awards for a Sponsors’ Breakfast at the University of Derby’s Enterprise Centre.
If you are an ambitious and motivated individual who would like an alternative to university, we are offering a paid apprenticeship to study for the AAT qualification (Level 4). This is for school leavers who have achieved good GCSEs and possibly A-Levels and want to start a career in Accountancy.
We’re really excited to be the sponsor for the ‘Services’ Award Category at this year’s Derby Telegraph Business Awards. The awards aim to celebrate success, recognise achievement and highlight the innovative people and companies throughout Derbyshire with the winners being announced at the ceremony on Wednesday 13th June 2018, at The Roundhouse, Derby College.
If you have a number of properties and the portfolio is run as a business this may well be a sound idea, however, a 3% Annual Tax on Enveloped Dwellings (ATED) will be charged in addition to the usual tax on profits in certain circumstances.
We’re really pleased to welcome Joanne Gregory back as our Audit Manager. Joanne, who is now a Chartered Certified Accountant, originally joined Sibbalds as a trainee accountant and left to gain a wider variety of audit-related experience and work with different firms of varying sizes and across many sectors and industries.