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Please see below for a range of useful blog posts, resources and latest news stories which may be of interest to you.

Videos

27 Sep 2019

Private screening of England vs USA RWC2019

Posted by - Kevin Johns

26 Mar 2019

Prime Staff Conference 2019

Posted by - Kevin Johns

Resources

30 Jan 2020

Coventry and Warwickshire QES Q4

Posted by - Steve Harcourt

The Quarterly Economic Survey (QES) is the largest and most representative independent business survey of its kind in the UK. Each quarter more than 6,000 businesses across the UK's Accredited Chamber Network participate in the QES. In Coventry & Warwickshire, we receive between 300-500 responses each quarter.

28 Nov 2019

Probate Services

Help is at hand when you lose a loved one, let us assist you to make the probate process as smooth as possible. Probate is the process of administering a deceased's estate. This involves listing their assets and making sure these are distributed in accordance with their wishes. It also means paying any taxes which are due.

3 Sep 2019

Business Planning

As a busy business owner, it can be all too easy to become absorbed in the day-to-day minutiae of running your business. However, it is essential to take a step back to focus on your plans and strategies to help secure the business’s future prosperity and success.

3 Sep 2019

Charities

Registered charities may qualify for a number of potentially valuable tax exemptions and reliefs. However, they are not necessarily immune from tax entirely. Here we outline some of the key areas to consider.

3 Sep 2019

Personal Planning

Tax and financial planning may not be the first activity of choice for many people, but if you want to ensure that you are making the most of your hard-earned cash, and that your family will enjoy financial security into the future, it is essential to plan ahead.

3 Sep 2019

Retirement Planning

Retirement isn’t what it used to be. In many ways it is better: people are living longer and enjoying healthier and more active retirement years. On the financial side, however, trends are not as positive. For a combination of reasons, the goal of a financially secure retirement is becoming increasingly difficult to achieve. This guide highlights some of the issues you need to consider if you wish to enjoy the comfortable retirement you deserve.

3 Sep 2019

Value Added Tax

Value Added Tax (VAT) is a tax chargeable on taxable supplies made in the UK by taxable persons. This guide explores a range of basic VAT planning options and provides an introduction to some of the schemes available for businesses with a smaller turnover.

3 Sep 2019

Exiting a Business

Running a business presents many challenges, and it can be difficult for the busy business owner to find the time to compile a comprehensive business exit plan. However, planning ahead will help to ensure that you maximise the financial benefits for yourself and your loved ones, while allowing the business to pass smoothly to any successors, and making sure that you comply with the appropriate tax and legal requirements. We can help you to plan now for a successful – and profitable – exit from your business.

3 Sep 2019

Inheritance Tax

Inheritance tax (IHT) is currently payable where a person’s taxable estate is in excess of £325,000. Therefore, if you own your own house and have some savings, your estate could be liable.

3 Sep 2019

Year End Planning

Tax planning is about knowing the personal and business taxes you are liable to pay, and acting to minimise them. It is also about maximising your net income, and creating opportunities to invest and save tax-efficiently, for the current and future needs of your business, your family and yourself. While there is no doubt that the tax system is complex, you should not let complexity deter you from a simple goal: keeping your taxes as low as possible. That’s where we can help.

15 May 2019

Prime Accountants Group booklet

Posted by - Morgan Davies

Prime Accountants Group is an independent firm of chartered accountants, forensic accountants, business and financial advisors. We simplify business for our clients, allowing them to spend more time doing what they do best.

2 Apr 2019

Tax Rates 2019/20 Pocket Guide

Posted by - Kevin Johns

Our tax rates pocket guide is now available. Many of these figures are fundamental to our business and personal lives. The main ones are summarised in the guide and we are sure that you will find it a useful point of reference throughout the coming tax year.

14 Mar 2019

Spring Statement Summary 2019

Posted by - Kevin Johns

A summary of the Spring Statement 2019 is now available here. We have produced this to cover the main issues that are most likely to be of interest to you. You will also find useful commentaries to help you understand how the proposed changes may affect you personally.

Latest News

10 Feb 2020

Changes to overdraft fees

Posted by - Nicola Davies

The Financial Conduct Authority (FCA) has confirmed it will introduce new rules in April this year that it says will make the costs of overd...

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10 Feb 2020

Tax relief on professional fees and subscriptions

Posted by - Peter Hewston

Employees are allowed to claim tax relief on their annual professional fees or subscriptions to some HMRC approved professional organisation...

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10 Feb 2020

Off-payroll working

Posted by - Jamie Skelding

HMRC has now published draft secondary legislation for the off-payroll working rules that are due to come into force in April this year.In 2...

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10 Feb 2020

A decade of bizarre excuses and expense claims

Posted by - John Osborne

Vengeful witches and pet hamsters feature in HMRC's list of imaginative excuses and expense claims, which has been published in the run up t...

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10 Feb 2020

Budget Day 11 March

Posted by - Kevin Johns

Chancellor Sajid Javid has announced that he will deliver the 2020 Budget on Wednesday 11 March 2020.The 2020 Budget will be the first to be...

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Blog

30 Jan 2020

Tax Updates - January 2020

Posted by - Claire Lea

At Prime, we like to keep our clients updated on the changes that may impact themselves or their business. Below you will find details on ch...

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29 Jan 2020

Le Tour in 24 update

Posted by - Morgan Davies

Preparations for our “Le Tour in 24” challenge are well underway which aims at raising £10,000 for Birmingham Children’s Hospital Cha...

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2 Jan 2020

Kevin Johns awarded British Empire Medal for services to Solihull

Posted by - Morgan Davies

At Prime we pride ourselves on playing an active role in the local business community. Many of our directors hold positions within local org...

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18 Dec 2019

Lausanne 2020 Youth Olympic Games

Posted by - Morgan Davies

Everyone at Prime would like to extend our congratulations to Scott Johns for being selected to represent Great Britain at the upcoming Yout...

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13 Dec 2019

Have you considered the tax consequences of purchasing or transferring commercial property?

Posted by - Claire Lea

As we approach the end of the year we often see clients make significant changes to their business. A typical situation we see this time of ...

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