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CARE SECTOR NEWS

Calling “last orders” for the Super Deduction

Calling “last orders” for the Super Deduction

We are almost halfway through the Super Deduction window and time is running out to optimise tax relief on capital expenditure plans. Bishop Fleming have examined the benefits of this temporary capital allowance relief and how valuable it can be for businesses.
Statutory reporting Season 2021/22 and areas to look for in statutory records and forecasts

Statutory reporting Season 2021/22 and areas to look for in statutory records and forecasts

When looking at a new care business or an existing one, having reliable reporting information immediately to hand helps a loan application progress faster with the potential lender.

Future cash flows and financial reporting will increasingly need to consider the impact of carbon efficiency and climate change impact, in addition to current and future challenges.

Care Home Visitor Pods and the hidden tax reliefs

Care Home Visitor Pods and the hidden tax reliefs

The pandemic brought infection control to the forefront of our minds and many have considered, or even already installed, a visitor pod in the garden where relatives and friends can safely meet their loved ones without the risk of bringing infection into the home.

However, in these days of ever-increasing costs it is yet another cost to be absorbed, or is it?  Yes, it will cost but some of the expenditure may well qualify for tax relief through capital allowances.

Financial Planning update: Saving on IHT through discretionary trusts

Financial Planning update: Saving on IHT through discretionary trusts

For the last 10 years, the inheritance tax (IHT) nil rate band has remained static. During this time, markets, investments and property values have continued to rise, meaning that IHT is becoming more of an issue and affecting progressively more people.
Will there be a spring budget?

Will there be a spring budget?

Could a Spring 2022 Budget stop the rising tide of taxes?
DC Care Sells Green Rose Care

DC Care Sells Green Rose Care

On behalf of Philip Osborne of Moborne Care Group, DC Care is delighted to announce the recent successful sale of Green Rose Care Limited, comprising ten specialist care facilities located throughout Suffolk.