Cheryl Whitton

Supervisor

‘When renting out residential property, it’s important to retain a record of the original purchase date and cost, any expenses such as LBTT or SDLT and any legal fees.

Invoices covering any amounts you have spent enhancing the value of the property should also be kept, failure to do so could increase your capital gains tax liability in the event of a sale.’

David Morrison

Head of EQ Taxation

“Are you a limited company ?

Have you been seeking to innovate a product or process in the past two years?

If you answered ‘yes’ to both of these questions, you could be eligible for valuable R&D tax credits.”

Sarah Millar

Manager

‘Tax is a significant cost for all businesses, whether it be PAYE, VAT, income tax or corporation tax, it requires management.

Up to date, accurate management accounts will allow for better management and forecasting of these amounts.’