Business

Effective hedging strategies Inflation may have retreated from the double-digit heights of 2022, but at 3.4% on the CPI measure for May 2025 it still erodes the real value of every pound you hold. Put another way, if prices keep rising at the current pace, an item that costs £1,000 today will set you back […]

As a small business owner or company director, how you extract profits from your limited company can make a big difference to your overall tax bill and financial wellbeing. Should you take a salary, dividends, or a combination of both? With new tax rules now in effect for the 2025/26 tax year, it’s the perfect

At AWR Accountants, we often help high-net-worth clients reduce their Inheritance Tax (IHT) bills through strategic estate planning and use of exemptions. One popular method is gifting assets before death. However, this area of tax can be tricky, so it’s important to understand the rules before making any decisions. Gifting Assets and the 7-Year Rule

With recent changes in allowances and rates. As experienced tax advisors at AWR Accountants in Derby, we’re here to help you understand the common triggers for a CGT bill and offer practical tips to reduce your liability. 1. Reduced Tax-Free Allowance The CGT tax-free allowance has been significantly reduced. In the 2022-23 tax year, you

How to use this guide As we approach the end of the 2024/25 tax year, it’s a good time to reflect on the year’s financial developments and their impact on tax planning. The UK economy has continued to navigate a challenging landscape, with high interest rates affecting businesses and individuals alike. Inflation has begun to

Maximising efficiency with digital accounting tools. In the modern business environment, efficiency and accuracy in financial management are paramount. We understand businesses’ challenges in maintaining precise financial records while striving for growth. Implementing accounting software can be a game-changer, offering numerous benefits that streamline operations and enhance decision-making. This guide explores how the right tools

In the ever-growing hair transplant industry, understanding VAT treatment for Hair transplant procedures is crucial . As specialists in tax and accountancy services for hair transplant clinics, we help businesses navigate the complexities of VAT compliance, ensuring they maximise profitability while staying within HMRC guidelines. Is Hair Transplant Treatment VAT-Exempt? One of the most common

Supporting GP Practices: How AWR Accountants Help Improve Financial Stability Managing a GP practice in today’s NHS landscape presents growing financial and administrative challenges. With increasing operational costs, funding pressures, and regulatory requirements, ensuring financial stability is more crucial than ever. Practice managers play a pivotal role in navigating these complexities, but they often need

Facing a COP9 tax investigation can be daunting. When HMRC suspects serious tax fraud, they can look back up to 20 years, making the situation complex and stressful. However, with the right support from a tax investigation specialist, you can navigate the process with confidence and minimise the risks. What Is a COP9 Tax Investigation?

As the financial year-end approaches, it’s crucial for owner-managed businesses and companies to assess their tax position and implement effective tax planning strategies. Whether you’re a limited company with a 31 March year-end or a sole trader working to the 5 April tax year, taking proactive steps now can help minimise tax liabilities and improve

Strategies for minimising IHT liabilities. Inheritance tax (IHT) applies to the transfer of wealth after death. It can affect property, savings, investments, and other assets. Although it applies to a smaller portion of estates, those crossing certain value limits may face a 40% tax charge on amounts above available allowances. Thresholds have been frozen for