Devolution means that Scotland and Wales each now have their own, separate tax regimes and the property tax rules for purchases in both countries have changed. We advise you to pay close attention to ensure the correct procedures are followed, especially when buying property and land that crosses UK borders. In such cases, special rules apply.
From 1 April 2019, certain businesses will be required to comply with the government’s new Making Tax Digital (MTD) regime. MTD represents a significant change to the way taxpayers keep their accounting records and submit information to HMRC. Will you be affected? And what should you do to be compliant?
On 2nd August, the Bank of England increased the base rate from 0.5% to 0.75%, the highest it has been since 2009. The rise has prompted many homeowners to consider looking for a fixed-rate mortgage deal. Should you be doing the same?
Over the last few weeks, three members of the team at RfM Preston have celebrated big work milestones, putting in an impressive 40 years of service between them. We asked Diane, Richard and Alison to tell us about how life at RfM has changed over their time at the practice.
Around one in three of all mortgage loans are taken out for the purpose of remortgaging. A remortgage is the acquisition of a second mortgage loan, often used to replace an existing mortgage or borrow money against the value of a property. Here are the most common reasons why homeowners remortgage.
The owners of Lancashire-based Black Box Security have been clients of RfM Chartered Accountants for more than three decades. When they decided the time was right to sell the business, RfM was there to guide them through the process and help secure a successful sale.
On Saturday 4th August, members of the team from RfM’s Ulverston and Barrow offices will be taking on the gruelling Total Warrior challenge to raise money for local charity Mind In Furness. They’ll be battling through mud, water ice and fire… can you help them smash their fundraising target of £1,000?
Calling all golfers… Can you help us to make this year’s Baby Beat Golf Day the best one ever?
Commercial property is an important asset class to consider as a way of spreading or diversifying risk in a portfolio. Generally, property isn’t highly correlated to other assets classes such as cash, fixed income (bonds and gilts) and equities. If you would like to know more, RfM can provide an introduction to a specialist in commercial property investments.
Writing a Will is one of those tasks that everyone knows they need to do, but nobody really wants to. That’s because we’d much rather devote our time to thinking about living our lives, rather than what happens after we are gone. We aim to make the experience of writing your Will an easy and comfortable one, so you don’t need to put it off any longer.
For fans of motorsports, a day at the Goodwood Festival of Speed is an exciting opportunity to see legendary racing cars and exceptional drivers – and to get their adrenaline fix for the year. For long-standing RfM client, Paul Andrew and his son Tom, this year’s event is going to be even more memorable.
Finding a mortgage deal when you’re self-employed can be tricky. As many as 71% of self-employed people said they felt discriminated against due to their employment status when applying for a mortgage, according to a recent survey by The Mortgage Lender. But, yes, it is possible to get a mortgage even if you have only been trading for a short time.
Writing a Will is your opportunity to let your loved ones know what you would like to happen to your worldly goods when you die. However, there a number of common mistakes that could lead to your wishes not being carried out correctly.
Auto-enrolment: ‘As an employer, you provide the teabags … but you’re also responsible for providing a workplace pension.’
Article 50 was triggered on 29 March 2017 and the UK will officially leave the EU on 29 March 2019. Beyond that, all we really know about Brexit is that it’s a little word with big consequences and a lot of uncertainty.