We are writing to our clients as many of you will be concerned or worried about the coronavirus outbreak and how it will affect us and our businesses. We would like to reassure you that it is business as usual and we are able to operate our full service remotely using our cloud based technology.…Read More
How is Airbnb taxed?
Airbnb is now a fundamental part of the short-term letting industry. Broadly it works by using the internet to secure a house (or even just a single room) for a few nights. Some property owners use Airbnb as an alternative letting model, whereas others use it to generate funds from their property while they are…Read More
Seven ways to tell if it’s time to change your accountant
Deciding to switch accountants can feel like a big step, but as your business needs change it may become a necessary one. Here are seven ways to tell if it’s time for a change: 1. You only see your accountant once a year Accountants shouldn’t just be about facts and figures. At Veritas, we see…Read More
Inheritance tax and gifts: how to cut your liabilities by giving to your family now
Death and taxes are two things that nobody likes to consider, but with the right planning, you can look after your family now and help shield them from inheritance tax liability when the time comes. Here are five simple (and legal) steps to use gifts to cut your inheritance tax liability: Review your spending Use…Read More