Tax Tips & News

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Restriction of tax relief on finance costs for individual landlords

New provisions will take affect from April 2017, which will see tax relief for finance costs on residential properties being gradually restricted over a period of three years, until, by 2020/21, Read More...

NMW increases take effect

New rates for the National Minimum Wage (NMW) took effect from 1 October 2016, and employers must ensure that they implement them accordingly. The rates are as follows: Read More...

Help-to-Save

The Savings (Government Contributions) Bill is currently making its way through Parliament, having had its second reading in the House of Commons on 17 October 2016. Broadly, if enacted, Read More...

Self-assessment and disclosure

Finance Act 2016, which became law on 15 September 2016, contains provisions designed to help clarify the time allowed for making a self-assessment. Read More...

November questions and answers

Q. I have recently set up my own business after having been employed for many years. Although I am hopeful that I will eventually make a profit, I anticipate that I am likely to make a small loss in each of my first three years of tradi Read More...

November key tax dates

2 - Last day for car change notifications in the quarter to 5 October - Use P46 Car Read More...

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Galloways Accounting Accountants are based in Brighton and Hove, offering local business owners and individuals a wide range of services. All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website cardensaccountants.com for more information.

The Old Casino 28 Fourth Avenue Hove East Sussex BN3 2PJ

Galloways Accounting is a trading name of Galloways Accounting (Hove) Limited