In this section we publish financial articles that we hope you will find interesting and relevant. If anything you read here raises any question please do not hesitate to contact us.

13/12/2017 - Posted by Kevin Edenborough in

The Eden team has grown significantly over the last year - and has led to us moving into our new lovely offices. But who's here now and what do they do?

23/11/2017 - Posted by Kevin Edenborough in Budget, Tax

Philip Hammond yesterday delivered the first budget since the snap general election earlier this year. Against a background of a drop in growth forecasts from the Office of Budget Responsibility, we summarise the main measures introduced.

28/09/2017 - Posted by Kevin Edenborough in Capital Gains Tax, Stamp Duty

Your son has a job placement lined up for when he finishes university next year. You want to buy a property so that he has accommodation for next term and when he starts his job. Will you have to pay the 3% Stamp Duty Land Tax (SDLT) surcharge?

28/09/2017 - Posted by Kevin Edenborough in

Capital Gains Tax is the tax you pay on the profit you make when selling an asset that’s gone up in value since you purchased it. It’s due on a range of chargeable assets, including many personal possessions worth £6,000 or more (but not your car), and property that isn’t your main home. As the featured case shows, HMRC will prosecute those who evade paying Capital Gains Tax, and penalties are due on late payments, missed payments and inaccurate returns.

20/07/2017 - Posted by Kevin Edenborough in Auto Enrolment, Salary Sacrifice, Tax saving

Opportunities to use salary sacrifice to reduce tax and NI are now very limited, but some arrangements are still possible. With changes to auto-enrolment on the horizon how can you take advantage?

19/07/2017 - Posted by Kevin Edenborough in HMRC, Tax saving

Landlords of residential properties are now facing tough restrictions on tax relief for borrowing, so if you're in that position there’s all the more reason to maximise other tax reliefs available on rental income. What hidden deductions might you be missing out on?

18/07/2017 - Posted by Kevin Edenborough in Tax saving

You probably know that charities and community amateur sports clubs can claim tax back on your donations if you tick the 'Gift aid' box. But did you know that these donations don't have to be in cash and also that if you are a higher rate tax payer you can claim further money off your tax bill following a donation? 

18/05/2017 - Posted by Kevin Edenborough in Dividends, Tax, Tax saving

The recent budget proposed a reduction in the tax-free dividend allowance from £5,000 to £2,000 with effect from 6th April 2018. Tax rates on the dividends remain at 7.5% or 32.5% above the higher rate threshold.  So what does this mean for the amount you might owe?

12/05/2017 - Posted by Kevin Edenborough in Tax saving

You want to provide your staff with clothing in keeping with your firm’s corporate image, but understand they count as a taxable perk unless conditions set by HMRC are met. How can you avoid a tax charge from arising?

05/05/2017 - Posted by Kevin Edenborough in HMRC

The HMRC can open an enquiry into your tax affairs for all manner of reasons. From a mortgage application where they might want to know the source of funds to a question about expenses claimed. The frustrating thing is that even if you have done nothing wrong, it is usually still a time consuming and occasionally frustrating process dealing with an HMRC enquiry and one we do have to charge for. However there is a way to protect against these costs.