Changes to Mortgage Interest Relief came into effect in 2020 a year on has much changed? Landlords have been limited to income tax relief at the basic rate of 20%. They have seen a large increase in their taxable profits and a corresponding drop in ‘real’ profits.

An Enterprise Management Incentive, or EMI, is a government‑backed, tax-advantageous employee share scheme. An EMI scheme offers significant tax incentives for employers and employees.

Something I have been asked several times recently is when should directors seek advice from an insolvency practitioner. My answer is always “as soon as possible”!

A vast majority of business owners either trade from home or, if they do require offices or a factory, either prefer to rent their premises on commercial terms or don’t understand the benefits of property ownership.

Getting saving early really can pay off. Think about it – if you’re money is invested or earning interest today, you’ve a better chance of that money growing over a longer period of time.