Author Archives: RobsonLaidler

7 ways to grow your business event

7 ways to grow your business

At Robson Laidler we’re committed to helping to improve the lives of our clients and as such we have launched a range of business advisory services. Our promise, with this is to help clients ‘make more money, pay less tax and have a great lifestyle’. To help us launch this […]

Top Earner Pensions – Trick or Treat?

High Earner Pension

NHS pensions made news this year, consultants and GPs blaming large tax bills, linked to pension statements, for making some work uneconomic. But why should high-earning power, coupled with pension provision, spell trouble – even for top-earners outside the NHS? Two key allowances are at play: the annual allowance (AA) […]

Retirement Planning – 5 things to think about!

Retirement Planning

Planning for retirement might seem like a long road ahead and we know how hard it is to prioritise saving over spending. When you’ve saved your entire working life, you just want to know that you will be “ok” financially when you eventually stop. We think it’s important to have […]

UK residential property capital gains tax – new rules

Residential property capital gains tax

On 6 April 2020 new tax rules are being introduced which mean that: • All sales of UK residential property, – on which there is a chargeable capital gain, – must be reported to H M Revenue Customs within 30 days of completion; • The tax must be paid at […]

Temporary Increase in Annual Investment Allowance – Importance of Timing

Temporary Increase in Annual Investment Allowance – Importance of Timing

Are you aware of the temporary increase in the tax allowance available on your plant and machinery expenditure? With effect from 1 January 2019, the Annual Investment Allowance (AIA) has been increased from £200,000 pa to £1,000,000 pa for a two-year period only. However, if your accounting period extends beyond […]

Budgets and cashflow for Dentists and GPs

Budgets and cashflow for Dentists and GPs

Major changes within General Practice over recent years have pushed GPs to move towards larger practice status, in particular there has been a rise in ‘super-size practices.’ With the new 5-year contract seeing an even bigger reform to GP services, the need for practices to work together, whether this be […]

Worldwide Disclosure – what does it mean?

Worldwide Disclosure

In recent months HMRC has issued a flurry of Requirement to Correct (RTC) letters urging individuals to disclose their worldwide income and gains and ultimately aims to recover unpaid tax.  But what do these letters mean?   Our world is becoming ever smaller and interconnected. Whether it be a 10am Skype […]

North East GPs – Do you feel financially secure?

GP financial security

According to a recent survey carried out by GPOnline, over half (55%) of GP partners believe that their practice is less financially secure than it had been a year ago. Just 6% of GP partners felt their practice was more financially secure, and 75% said that they had felt no […]