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Planning Ahead for University Costs

Planning Ahead for University Costs

Paying for higher education can be one of the largest financial commitments families face. By planning in advance, you can reduce the need for costly borrowing and help your child start adulthood on a strong financial footing.
This guide explains current tuition fees, student finance arrangements, and tax-efficient ways to save for university costs in the United Kingdom. The aim is to provide a resource that supports parents, guardians, and anyone involved in preparing a child for university.

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Understanding the Construction Industry Scheme (CIS)

Understanding the Construction Industry Scheme (CIS)

The Construction Industry Scheme (CIS) is a vital part of the tax system for workers in construction. Whether you’re a contractor managing subcontractors or a subcontractor working on various projects, understanding how CIS works is key to ensuring compliance and managing cashflow effectively. In this guide, we’ll break down the essentials of CIS, covering who it applies to, how it operates, and the key responsibilities involved.

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Handling a Personal Tax Compliance Check
Handling a Personal Tax Compliance Check

Personal tax compliance checks can sound intimidating. However, with the right preparation and understanding, they don’t have to be. In this spotlight, we aim to walk you through what to expect during a tax compliance check, how to stay organised and ways to handle the process smoothly. By offering clear, straightforward advice, we hope to give you confidence in facing any compliance check that may come your way.

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Dunkley’s Triumphs on and off the Pitch: Supporting Suicide Prevention UK
Dunkley’s Triumphs on and off the Pitch: Supporting Suicide Prevention UK

We are thrilled to share some fantastic news with you all! Recently, Dunkley’s put together a sterling 5-a-side football team and participated in the Bristol Business Fives football tournament. It was a fantastic day, and thanks to your incredible support, we emerged victorious in the Europa league. It was a huge achievement for the team that wouldn’t have been possible without all of you who cheered us on.

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Tax-Efficient Giving
Tax-Efficient Giving

Tax-efficient gift-giving is an essential aspect of estate planning that can significantly reduce your inheritance tax (IHT) liabilities while benefiting your loved ones. By carefully planning and utilising the available allowances and exemptions, you can ensure that more of your wealth passes on to your family and less is lost to taxes. At our practice, we believe that understanding the rules around gift-giving is key to making informed decisions. In this guide, we’ll walk you through the essentials of tax-efficient gift-giving for the 2024/25 tax year. This blog explores all you need to know.

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