Are Dividends losing their value?

Where a business has sufficient profits to allow it, taking dividends has always been a tax advantageous way of getting money out of businesses since they are not subject to national insurance and the effective tax on them is generally lower than that on standard earnings. However, from April 16 the way dividends work is […]

30/07/2015
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Lynton Lasers’ Vatican Visit

The Vatican Museum has requested the use of tattoo removal equipment for the delicate removal of dirt particles covering some of its most priceless works.   Many of the artworks at the Vatican City Museum needed restoration after centuries of pollution and dirt build-up, and thanks to the same laser technology used to remove unwanted tattoos, they […]

24/07/2015
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Enterprise Ventures £40m Loan Fund

Enterprise Ventures, a Manchester based company specialising in providing finance for SMEs, have launched a new £40 million loan fund to support small businesses. The fund, backed by Santander UK and Greater Manchester Pension Fund will provide up to £1 million to small firms across all sectors and areas of the UK to help build […]

10/07/2015
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Mark Sullivan’s Retirement Party

July marked the end of summ.it partner, Mark Sullivan’s 12 year career with summ.it and the beginning of his retirement. Since he started with the company in 2003, Mark has become an important part of summ.it and the clients he served with his extensive Accounts knowledge and expertise, and large personality. Known for his eccentricities, […]

08/07/2015
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Transfer of Personal Allowance

From April 2015 married couples and civil partners will be eligible for a new transferable tax allowance. The Transferable Tax Allowance for married couples will enable spouses and civil partners to transfer a fixed amount of their personal allowance to their spouse. The option to transfer will be available to couples where neither partner is […]

02/03/2015
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Mortgage Frustrations?

In 2014 the Financial Conduct Authority made changes to mortgage rules, this was to ensure that you can only take out a mortgage which you can realistically afford to repay. Many directors are finding that their mortgage applications are being rejected. If you are looking to move home or remortgage in the near future the […]

09/02/2015
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