“Ascendis have transformed the way the financial information is used within our business. We now make far more informed decisions based on the latest most relevant financial information. Ascendis also think out of the box and have saved us tens of thousands of pounds by helping us to manage our accounts and tax affairs much more efficiently.”
We can assist Owner Managed Businesses & Directors where:
We can assist entrepreneurs with:
Ascendis Tax & Wealth LLP concentrates its business activities within the High Net Worth market, one of the most dynamic and rapidly growing sectors.
Our client base includes very successful business owners and entrepreneurs, senior corporate executives, barristers, surgeons, Doctors/Dentists and professional sportsmen/women.
Most of our clients are referred to us either by our existing clients or through our expanding network of introducers.
If you are seeking a new adviser and would like a personal reference, our clients are happy to provide references as to our capability and services.
We can assist property developers / purchasers with:
We can assist sportsmen/women with:
We can assist individuals:
Working in association with partners, we have various business structures which will enable Contractors to fully optimise both their personal and business taxation affairs.
• Operating through a Limited Company.
Please look at our separate business:- Ascendis Contractor Solutions Ltd
• Options for Self-Employment or Employment which enables contractors and employee’s to take home around 83% of their income.
Autumn Statement 2015 - Summary Analysis
With the Autumn Statement now over, we can reflect on the changes. The big news is that, despite a number of commentators suggesting that Entrepreneurs’ Relief could be restricted, no changes were made to this relief (no doubt eliciting a collective sigh of relief from entrepreneurs). Furthermore other predicted changes, such as the limitation of incorporation relief for property rental business, have also not come to fruition. That being said, the Chancellor’s Statement was far from lacking in significant announcements.
Personal Guarantee Insurance
Personal Guarantee Insurance (PGI) provides insurance for individuals (usually Directors) who have given a Personal Guarantee to a lender in respect of the borrowings of the limited company in the event that upon insolvency of the company, if the company is unable to repay the whole of the borrowings and the guarantee is called upon, then the insurance can indemnify the Guarantor.
Mortgage interest deduction from 6 April 2017
In his summer budget, George Osborne announced that landlords will only be able to offset mortgage interest at the basic rate of tax (20%) by 2020. This will be introduced gradually from 6 April 2017. The restriction will not apply where the property meets all the criteria of a furnished holiday letting.