Blog

GDPR

Do you know what GDPR is?

22nd August | Posted in: data protection, Government Announcements, Planning, Regulations

The General Data Protection Regulation (GDPR) is a new European directive that comes into effect from 25 May 2018 and supersedes the Data Protection Act. This new act affects all businesses and the fi...

finance

Second Finance Bill this Autumn

16th August | Posted in: Business Tax, Government Announcements, Planning

It has also been announced that the second Finance Bill will legislate for all policies that were included in the pre-election Finance Bill, but had to be dropped in order to rush through the Finance ...

successful business

5 Metrics to assess if your business is as successful as it needs...

14th August | Posted in: Business Tax, Planning

Firstly, it is probably a “value judgement” as to whether your business is successful, as there are many ways of measuring success and everyone will have different goals.  Achieving whatever is r...

Future trends for investing in property: Ownership and limited co...

11th August | Posted in: Pensions, Savings & Investments, Personal Tax, Properties, Property Investment, Regulations

In the final video of this series, we look at current trends for both landlords and tenants. We discuss the traditional five key areas in Edinburgh for landlords and also look at the new up and coming...

Buying investment property in 2017/18: What size of property?...

11th August | Posted in: Pensions, Savings & Investments, Properties, Property Investment, Regulations

Should you buy a larger number of smaller (cheaper) properties rather than fewer larger (more expensive) properties? Tenancy reform is also discussed as is the banks attitude to lending. Will the chan...

Buying property through a limited company: Setting up a property...

11th August | Posted in: Business Tax, Pensions, Savings & Investments, Personal Tax, Properties, Property Investment, Regulations

Using a limited company to acquire properties is becoming more common. David Miller explains the various implications and points out why this may be more suitable for some landlords than others. David...

Buying a property for your children: Tax advice and how to plan...

11th August | Posted in: Pensions, Savings & Investments, Personal Tax, Properties, Property Investment, Regulations

Many parents acquire a property for their children to use when they are at University. Should you buy in the parents’ or the child’s name and how does the tax treatment differ? HMO licences an...

Selling rental property tax advice: How to plan your exit

11th August | Posted in: Personal Tax, Properties, Property Investment, Regulations

The importance of having a plan, disposing of properties and tax implications are discussed in this video. How to mitigate both Capital Gains Tax and Inheritance is also reviewed. The tax position of ...

Managing investment property – Tax Returns & Making Ta...

11th August | Posted in: Pensions, Savings & Investments, Properties, Property Investment, Regulations

This video looks at the changes in managing a property portfolio, the new code of conduct and the effect that Making Tax Digital will bring in the future. Full text transcript below:- David Court: One...

How to build a property portfolio: Capital Gains & Inheritan...

11th August | Posted in: Pensions, Savings & Investments, Properties, Property Investment, Regulations

In this video we look at a landlord expanding his property portfolio, discuss Portfolio Landlords, and explain why some higher rate, highly geared landlords will pay more tax than the profit they earn...

What are you waiting for? Get in touch and get professional assistance from Johnston Smillie today. Enquire Now