Tax Fact-Sheets

Sources of finance

We, at Proactive Accounting, summarise the means of finance that are available and where we can help if you are starting, or have recently started a business in the Co. Antrim area. The financing of your business is the most fundamental aspect of its management. Get the financing right and you will have a healthy…

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Taking on staff

At Proactive Accounting we can provide start-up businesses in the Co. Antrim area with help and advice. Here are some general points to consider regarding taking on staff. As your business grows, you will probably need to hire new staff members. Recruiting the right people Conducting Interviews Regulations Recruiting the right people Without good people…

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Writing a business plan

At Proactive Accounting we can provide objective assistance with writing a business plan, based on our experience in helping start-ups in the Co. Antrim area. Here are some of the key aspects to consider… Creating a business plan is one of the most important things you will do when starting up. It will help determine…

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Capital gains tax

We consider the taxation of capital gains and outline the reliefs available. If you live in the Co. Antrim area we, at Proactive Accounting, can provide taxation advice to ensure that maximum opportunity is taken of the reliefs available for capital gains tax. A capital gain arises when certain capital (or ‘chargeable’) assets are sold…

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Capital gains tax and the family home

A valuable relief exists on the sale of the family home but in certain situations careful planning is required to ensure that the relief is obtained. If you live in the Co. Antrim area we, at Proactive Accounting, can provide taxation advice to ensure that maximum opportunity is taken of principal private residence relief. The…

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Inheritance tax – a summary

Inheritance tax is often called a voluntary tax in that, with planning, the payment of inheritance can be avoided. It is a tax levied on a person’s estate when they die and on certain gifts made during an individual’s lifetime. If you live in the Co. Antrim area we, at Proactive Accounting, can provide taxation…

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Making a will and other related matters

Making a Will is one of the most fundamental aspects of estate planning, yet many people do not appreciate its importance. At Proactive Accounting we have experience in many aspects of estate planning, and can advise people in the Co. Antrim area on strategies to help minimise the tax bill. It is an essential means…

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Land and Building Transaction Tax

Land and Building Transaction Tax (LBTT) is payable by the purchaser in a land transaction which occurs in Scotland. At Proactive Accounting, we can provide guidance on LBTT in the Co. Antrim area. Who pays the tax? LBTT is payable by the purchaser in a land transaction occurring in Scotland. Stamp Duty Land Tax (SDLT)…

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Land Transaction Tax

Land Transaction Tax is payable by the purchaser in a land transaction which occurs in Wales. At Proactive Accounting, we can provide guidance on Land Transaction Tax in the Co. Antrim area. Land Transaction Tax (LTT) is payable by the purchaser of property in Wales. Who pays the tax? LTT is payable by the purchaser…

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Stamp Duty Land Tax

Stamp Duty Land Tax is payable by the purchaser in a land transaction which includes a simple conveyance of land such as buying a house but also creating a lease or assigning a lease. If you are considering property investment or acquiring a lease on a commercial property in the Co. Antrim area we, at…

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