Holiday Let Planning Permission: A Comprehensive Guide The allure of holiday lets lies in their promise of escape—a chance to unwind, explore new places, and create cherished memories. As a property owner or investor, venturing into the world of holiday lets can be both exciting and rewarding. However, before you list your property on Airbnb or other platforms, it’s essential to understand the intricacies of holiday let planning permission. In this comprehensive guide, we’ll unravel
Changing Landscape of Landlord EPC Regulations in the UK In recent times, the landscape of Energy Performance Certificates (EPCs) for rental properties in the UK has undergone significant changes, leaving landlords grappling with uncertainties. This blog post aims to provide a comprehensive overview of the evolving EPC regulations and offer valuable insights to landlords, helping them navigate the current scenario.Key Takeaways and Considerations: Landlords who haven’t upgraded their rental properties need not do so immediately. However,
Introduction Inheritance Tax in the United Kingdom: In the realm of Inheritance Tax (IHT) in the UK, knowledge is not just power; it’s the key to ensuring your hard-earned assets are passed on smoothly. At JK Accountancy, we recognize the importance of staying well-versed in the intricacies of IHT. In this blog, we delve into the heart of the matter: the 7-year rule, exploring what it entails and how it can impact your estate planning.
Tax Planning for Small Businesses in the UK: A Comprehensive Guide Tax planning is a crucial aspect of running a successful small business in the UK. It involves strategic financial decisions that can help you minimize your tax liability while remaining compliant with the law. Effective tax planning can free up resources that you can reinvest in your business for growth. In this comprehensive guide, we will explore various tax planning strategies tailored to small
What is Super Deduction On Capital Allowances? During the pandemic period, a few new allowances were introduced in the UK. The aim was to boost the recovery of the business and its activities. One of those newly introduced allowances is the Super Deduction relief.The super deduction enables businesses to invest in qualified, allowance-eligible assets; receiving a much higher tax reduction in the tax year of purchase than it would otherwise. This allowance is applied for
Top 5 Accounting firms in London Accounting for Small and Medium-sized (SMEs) Firms:Considering the workload of creating a sustainable presence in the market as well as seeking the right sets of skills to ensure a smooth operation of the business can be moderately demanding. In brief, starting a business from scratch can itself be a daunting task! Besides that, there is prominent involvement in monetary affairs- from daily expenses, budgeting, cash flow forecast to annual
Supporting Business Recovery Loan Scheme –From 6 April 2021 the Recovery Loan Scheme will provide lenders with a guarantee of 80% on eligible loans between £25,000 and £10 million to give them confidence in continuing to provide finance to UK businesses. The scheme will be open to all businesses, including those who have already received support under the existing COVID-19 guaranteed loan schemes.Restart Grants –The government will provide ‘Restart Grants’ in England of up to
Supporting Jobs High-quality traineeships for young peopleThe government will provide an additional £126 million in England for high-quality work placements and training for 16-24-year-olds in the 2021/22 academic year. Employers who provide trainees with work experience will continue to be funded at a rate of £1,000 per trainee.Payments for employers who hire new apprentices –The government will extend and increase the payments made to employers in England who hire new apprentices. Employers who hire a new