TODAY’S HEADLINE

Sage

Sage data breach

As you may be aware, police are currently investigating a data breach at Sage. It has been confirmed that Sage are speaking directly with those whose data may have been accessed. If you have not been contacted, Sage have assured us that this means … [Read More...]

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Let’s Grow Fund – still available!

  The Let’s Grow North East has awarded grants of over £50m to nearly 200 companies in the North East and Teesside, helping to generate over 8,000 jobs. The scheme offers grants of between £50,000 to £1m on projects with spend of £200,000 or more. New applications are now being considered and expressions of interest must be received by close of business on 26 August 2016. Full applications must be received by close of business on 9th September 2016. The expression of interest form and scheme guidelines can be found here. Let’s Grow is a great source of grant funding for the North East. If you would like to discuss a grant application, or any other funding needs, please contact Steve Plaskitt on 0191 285 0321 or email steve.plaskitt@taitwalker.co.uk. … [Read More...]

lets-grow_NEW_343x228

Let’s Grow Fund – still available!

  The Let’s Grow North East has awarded grants of over £50m to nearly 200 companies in the North East and Teesside, helping to generate over 8,000 jobs. The scheme offers grants of between £50,000 to £1m on projects with spend of £200,000 or more. New applications are now being considered and expressions of interest must be received by close of business on 26 August 2016. Full applications must be received by close of business on 9th September 2016. The expression of interest form and scheme guidelines can be found here. Let’s Grow is a great source of grant funding for the North East. If you would like to discuss a grant application, or any other funding needs, please contact Steve Plaskitt on 0191 285 0321 or email steve.plaskitt@taitwalker.co.uk. … [Read More...]

House

New tax rules and potential solutions for Buy to Let landlords

With more than 400 people at our Buy To Let seminars over the past few months, it’s clear that the new tax rules are a major cause of concern for landlords of residential property. We are working with a number of landlords who are planning for the effect of this new regime. They know that if they leave matters until 2017, when the new rules start to take effect, they will be behind the curve. For some individuals, the answer is a sale of some of their properties to try to reduce their borrowings and hence the effect of a restriction on tax relief for interest on those borrowings. If this decision is taken as the new rules come into effect, some people will be caught up in what might become a rush to sell properties. This is likely to be a buyer's market and so this could impair the value that can be obtained on a sale of these properties. For others, the best solution may be to incorporate their properties, and the debt on them, into a limited company. This is a major decision, and … [Read More...]

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