Mileage allowance payments – what is NIC-free?

Employees frequently use their cars for work and may be paid a mileage allowance by their employer for doing so. Employers are generally familiar with the rates that can be paid tax-free; however, it is easy to assume (wrongly as it happens) that the same rules apply for National Insurance…

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The impact of the election on investments

After seemingly flatlining in the last few months, markets improved since the election and not just on the near landslide UK election outcome. Boris Johnson has the majority to “get Brexit done” and remove some of the uncertainty that has held back business activity.  Many of us independent financial advisers…

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Can landlords claim a deduction?

Landlords are able to claim tax relief for expenses that are incurred wholly and exclusively for the purposes of the property rental business. However, some expenses have both a private and a business element. Where this is the case, is any relief available? Business element separately identifiable If it is…

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Are you on track to reach the retirement of your dreams?

When you picture retirement, what are you doing? Retirement goals can vary hugely. Some will have grand plans to travel the world, whilst others will be looking forward to relaxing with loved ones. Whatever your aspirations, you should review your pension to ensure your retirement dream is on track. Research…

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