by Hill Lillis Admin

Recent Posts by Hill Lillis Admin

Significant change to Inheritance Tax and Estate planning

Inheritance Tax is currently charged at 40% if an estate has assets valued above the nil rate threshold which is £325,000, although the rate of Inheritance Tax drops to 36% if you give away at least 10% of your estate to charity.  A married couple who leave their estate to each other are able to…
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Auto Enrolment Pension Guide

Is your pension auto enrolment date looming or have you recently received a letter from the Pension Regulator?  If so please see our guide below that should help you through this daunting process: Confirm your staging date by going onto the Pension Regulator’s site. Assess the age and earnings of your employees, this will help…
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Employing Staff – June 17

Start up guide to Employing within your business June 2017 One of the more difficult decisions a business-owner makes is when he (or she) know their business has expanded to the point where he is unable to do everything alone, and so he ventures into the sphere of becoming an employer to help the business…
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Year End Accounts

End of Financial Year Accounts – What Do We Need? As you reach the end of your trading financial year we are often asked “What information do you need from me and when?”  Sue Williams, our Accounts Manager, has kindly put together this guide/ checklist to help you assemble the relevant documents. Do you keep your…
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Vehicle Tax Rate Changes 2017

Vehicle tax rate changes 2017 This only affects cars registered after 1 April 2017 Last year’s Budget Osborne made some radical changes to the way the UK tax’s cars. This is known as Vehicle Excise Duty or VED for short. The new regulations will come into place on 1 April 2017 and are going to…
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15th Anniversary Celebration afternoon

Anniversary Event You may recall that we offered 15 bottles of locally produced wine in a draw of clients taking part in our survey or providing a testimonial during the course of the summer. Thank you for everyone who took part.  The 15 lucky winners have been notified and were invited to join us for…
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Launch of Probate Services

Probate Services now live We are pleased to announce that we have now been authorised to provide non-contested legal assistance in the field of probate services and estate administration . We understand that we are the only authorised accountancy practice and registered by the ICAEW within the Sutton Coldfield, Lichfield and Birmingham area and are…
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