October 2024
Please find below our monthly newsletter with all the latest updates and?financial news that matters most to your business, family and personal interests.
If you have any questions please do get in touch.
Could a pension tax reform help fill the ￡22 billion blackhole?
A recent report?proposes significant pension tax reforms aimed at creating a more equitable system.?The central idea is to replace income tax relief on pension contributions with a flat-rate tax credit.?Read more
670,000 Child Trust Fund Accounts Unclaimed
Around 670,000 Child Trust Fund (CTF) accounts are currently unclaimed by Generation Z adults aged 18 to 22, raising concerns for HMRC. Read More
Why Landlords Are Cashing In Before a Potential CGT Hike
Landlords are increasingly selling properties ahead of a potential capital gains tax (CGT) hike, anticipated in the upcoming Budget at the end of October. Read more
Why Switching to E-Invoicing Could Give Your Business an Edge
The government is urging businesses to adopt electronic invoicing to reduce VAT fraud and improve tax collection efficiency. Read more
New Grants for Energy Upgrades: Can You Get ￡30,000 for Your Rental Property?
From 1 April 2025, a grant of up to ￡30,000 will be available for a landlord to improve their first rental property. Read more
The Importance of Making a Will for Unmarried Couples
When you’re in a committed relationship but not married, it’s easy to assume that your partner would inherit your assets if something were to happen to you but this is not the case. Read more
SMH in the Community - October Round Up
Have a read of our SMH in the Community monthly round up from October to find out more about what we have been up to this month. Read more
Our History
Each month, we are taking a look at the history of some of our practices. This month, we delved into the history of SMH BullockWoodburn, which has roots stretching all the way back to 1882! Read more
How can we help your business?
With many clients across the region, in all types of industries and sectors – can we help your business? If you are aware of any of our clients who would benefit from your services, or you would benefit from theirs then please contact us to see if we can make an introduction.?
Proudly Supporting
If you would like any further information about any of our articles, or any other financial matter please drop us?a?line on 0114 266 4432, email?[email protected]?or contact your local office. Visit our website for further information