Enlightenment

Accountancy news and business views brought to you by the team at Seagrave French

Start-up loans for new businesses

Are you an aspiring entrepreneur looking to kickstart your dream business but struggling to secure funding from conventional lenders? If so, you're not alone. Many budding business owners face this hurdle. That's where Start Up Loans come into play, providing a...

Property Flippers – A warning

Developing property can be an excellent way to build wealth, but flippers should be aware of a couple of tax hazards. They all boil down to whether you are treated as trading or investing. If you are deemed an investor, then you pay capital gains tax on your profits;...

Maximising Tax Relief on your Furnished Holidays Lets

Furnished Holidays Lets [FHL] have more favourable tax rules than traditional buy-to-let properties. Many landlords are moving their properties to this type to take advantage of this; before we get into the benefits, let's look at the conditions to qualify as a...

Replacement of domestic items relief

Replacement of domestic items relief (RDI), previously known as The Wear and Tear Allowance, allows residential landlords to claim tax relief for replacements of certain things in the property known as domestic items. What are domestic items? Domestic items include:...

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