Tax Reliefs for Property Investors

According to MCC Accountants in Salford there are various tax reliefs available for Property Investors  The expenses that should be allowable against your annual rental income : • Lettings management charge • Renovations Profit/Management Charge • Legal certification • Services provided by the landlord – water, electricity, gas, insurance, broadband • Mortgage interest payments •…

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Medium sized businesses not getting enough support

Research conducted by Barclays and Business Growth Fund has found that there was a growth of 3.9% new business start-ups in the first 6 months of the year. However, the research has not found the same growth in the number of small enterprises expanding into medium sized companies. Support for entrepreneurs and start-up businesses is strong…

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Interest rates rise doesn’t concern SME owners

The predicted mid-2015 interest rate rise doesn’t concern 78% of the small business owners that took part in research by ICAEW (The Institute of Chartered Accountants in England and Wales). The report produced by ICAEW found that SME owners are confident their businesses stand in good stead, 40% of small business owners expect their turnover to…

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SEIS has seen a 73% increase in number of users

The Seed Enterprise Investment Scheme (SEIS) has seen a 73% increase in number of users over the past year. The scheme was introduced in 2012 to help SMEs raise money to finance their businesses, working along side the Enterprise Investment Scheme (EIS). Both of the schemes work by offering potential investors incentives to invest in…

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