Blog
Keep up to date with our latest Industry Insights
With so many changes happening in our day-to-day lives, it’s comforting to know you can turn to a valuable resource to keep you updated on all the things which may affect your business.
The Impact of cancelling HS2 Northern on Farmers and Landowners going through compulsory purchase
With the recent announcement that the northern leg of HS2 will be scrapped, many of those already impacted by the scheme are left with great uncertainty. With the announcement of ‘Network North’, many more will be impacted in the future.
Death and taxes…….on investments bonds
Anthony Whittaker, Client Director (Trusts and Estates) talks about the intricacies of taxation on investment bonds following a death.
Solar panels for bennettbrooks Leek office
As part of our commitment to becoming a B Corp organisation, bennettbrooks have had solar panels installed at our Leek office on Cross Street.
Purchasing a commercial property? Your accountants advice could save you thousands
Llandudno director, Andrew Filbee explains why its not just property agents and solicitors that should be involved when a business is looking at buying a commercial site. An accountant can offer invaluable advice that could save businesses thousands of pounds in tax relief.
HMRC consultation on Employee Ownership Trusts (EOT’s)
EOTs have been and continue to be an effective and useful tool when considering exit and succession planning. The consultation addresses some of the obvious and common issues that have arisen over the past 10 years, and many of these have been highlighted already by the professional accountancy and tax bodies.
Inheritance Tax Strategies
The agricultural industry has many opportunities for an individual to benefit from Inheritance Tax (IHT) reliefs, as a result this has many individuals believing they will not have an inheritance tax liability. In many instances farmers will be covered by Agricultural Property Relief (APR) and Business Property Relief (BPR), however, certain business structures can limit these reliefs
How hard is it to get an R&D claim correct?
Our team have considerable experience in this area and this is probably why, as an advisor who works with many clients on R&D claims, we have had minimal issues arising from the random enquiries.
R&D tax relief is offered to encourage innovation and advances within businesses, and working with a tax accountant with a thorough knowledge of the rules and wide practical experience is essential.
Are you a Rural Business thinking of diversifying into Solar Generation and Battery Storage?
With the ever-increasing push for green credentials, the UK renewable energy market is expanding, and many farmers are now facing the opportunity of diversifying or letting land for solar or battery storage.
bennettbrooks team attend the BESS annual scientific meeting
We have extensive experience supporting clients working within the NHS and private healthcare sectors including,
GP Partners
GP Locums
NHS Consultants
Medical Societies
Private Practices and Groups
Allied Healthcare professionals
Dentists
Care homes
Is Tax payable on compensation following pension transfer advice?
There is no general guidance for the taxation of compensation for mis-selling and the tax treatment of compensation payments is a complex area which has given rise to a substantial number of tax cases.
A recent change to Trust and Estates Tax
A welcome change was announced in the March budget that you may have missed. Trusts and Estates with income less than £500 will no longer have to pay income tax.
National Insurance: A reminder to check your record
National Insurance: An important reminder to check your record
Harnessing your ambition
Let's begin our journey together – get in touch today to find out what we can do to make your business more profitable and achieve it's goals.
