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12 Tax Mistakes Every Entrepreneur Makes

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As a busy entrepreneur, you’re wearing many different hats and your focus is probably on making more money or getting the right team in place. Sometimes seeing your accountants can feel like a trip to the dentist. However, if you’re not talking to them, then in the current climate of complicated tax rules, it means you’re probably making the following tax mistakes.

1. Claiming too much use of home expenses

There is absolutely nothing wrong with claiming these expenses. The problem is that by over claiming them, you potentially end up paying a lot more tax in capital gains tax when you come to sell your property. Why? Because the value of your home would have gone up and you lose generous tax relief on the part of your home you turn into business.

2. Retrospective tax planning

You’re busy and fire fighting in the business. You take so many decisions and then at the end of the year you try to piece some clever planning together even though all the events have already happened without much thought.

Unless you prepare and plan for taxes, it’s likely that you will pay more tax. Now here’s a thought. You do have some sort of a business plan even if one page right? How about a tax plan?

3. Not keeping proper records

Those pesky receipts, collating and keeping them all is not a fun job is it..? But for VAT registered business owners, not keeping them is a common mistake akin to literally throwing or giving away your piggy bank to HMRC. So the next time you fail to get that VAT receipt, consider whether you will also dip into your pocket, grab those coins and throw them away.

The good news is that with so many apps on the market, the task of keeping proper tax records has become less taxing. With apps like Auto Entry, Expensify and Receipt Bank you can easily snap the receipts on the go and forget about them. The technology and your accountant would take care of the rest.

 

4. Wasting over £26,000 tax allowances

They say that tax allowances are like your muscles. If you don’t use them you lose them. And did you know that if you add up the income tax allowance, capital gains tax allowance, savings allowance and dividends allowance, you get a whopping £26,000 plus allowances in the year? It’s not uncommon to see many of these go to waste.
If you’re an entrepreneur who has dabbled in crypto currencies, make sure you make the most of the capital gains tax allowance.
And do consider how to also make use the allowances of your spouse and children.

taxguy

5. Missing out on these 8 generous tax breaks

There are more tax breaks within the law that most entrepreneurs miss out on but here are the most common ones

• Research and development
• Bad debt provision (make sure you have taken steps to recover the money)
• Capital allowances on equipment used for the business including fixtures which are part of the building you have bought
• Lease premiums
• Warranty provisions
• SEIS and EIS tax reliefs
• Entrepreneurs relief
• £40,000 lettings relief (this might be scrapped by HMRC)

The reason why most of these reliefs get missed is that you actually have to make a claim to get them.

6. Not putting aside money for tax

Cashflow can be a huge problem but when it comes to VAT and PAYE, the taxman’s stance is simple; it’s not your money. For income and corporation taxes, waiting till December or January to find out that you have this huge tax bill but no funds put aside is a common mistake entrepreneurs make.

To avoid this problem, look at the business model, plan for taxes and open a separate bank account to put cash away for taxes.

7. Poor or no evidence to back up claims

The rules on what expenses can/cannot be claimed are not as straight forward as you may think. By not taking extra care or failing to appoint a good accountant or tax adviser, most entrepreneurs make this costly but avoidable mistake Here’s an example: a business owner who rented an accommodation in Scotland in order to avoid expensive hotel bills during a long business trip was denied tax relief because the evidence he submitted was not sufficient to meet the so called “wholly and exclusively for the purpose of trade” test.

Tip - When claiming or incurring expenses for business, ensure that the primary purpose is for the business and have all the supporting documents to back this up.

8. Not reviewing the business structure

Maybe, when you started, you were rightly advised to go for a sole trader, partnership or a limited company. But the rules keep changing. When was the last time you reviewed and compared different tax structures?

9. Wasting Business Property Relief

Your business has value. It’s your life’s work. A common mistake I see is lack of planning around how the business should be passed-on tax free when you’re not here. The rules, subject to some conditions, allows your life’s work to be enjoyed tax free by your loved ones. But if you do not have a Will or if in your Will you’ve passed the business to say your spouse, you’re wasting this generous tax relief.

10. Getting self-employment status wrong

This is a complex area and one which keeps changing. Whilst you may safely get your own status right as an entrepreneurial business owner, how confident are you that your freelance workers and associates are genuinely self-employed? HMRC is cracking down on the so called ‘gig economy’ and are putting the onus on entrepreneurs to get this right.

11. Buying the shares of your competitor

Instead of organic growth, you’ve decided to acquire your competitor. In your haste to get the deal done, you buy the shares of the company instead of the assets. This is a common tax mistake because whilst buying the shares is a good for the seller, you lose the tax reliefs associated with buying the assets.

12. Accepting 30% more tax when selling your company

So it’s time to put your feet up and retire. You’ve decided to sell up but you’re dealing with a well-informed tax buyer who wants to pay more for the company’s assets but he or she is not interested in the shares. You’re tempted and you agree to sell the assets. You’ve potentially lost out on a 10% tax rate and are now looking at over 30% tax. Why 30%? So the company sells the assets and it pays corporation tax at, say, 19%. You then need to extract the cash out and let’s be conservative and say you pay 20% income tax. That’s 39% potential tax.

Conclusion

Take a look at your business plan, and your tax plan, and check you are not falling foul of any of these 12 mistakes – and if you aren’t sure, or need help, then call in a reputable accountant. The fees they charge you are often mitigated by the amount of tax they can save you.

ABOUT THE AUTHOR

Jonathan Amponsah CTA FCCA is an award winning chartered tax adviser and accountant who advises business owners on entrepreneurial tax reliefs. Jonathan is the founder and CEO of The Tax Guys.

9 Ways To Make Christmas Tax Deductible and Keep The Taxman Ho Ho Ho Happy

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The season of goodwill is upon us. Many business owners would be “splashing out” on gifts, parties, awards and other kind gestures to end the year on a high. And if you’re looking for some Christmas tax reliefs or ways to leverage your money this Christmas, then here are 9 ways to reduce your tax bills whilst keeping the taxman happy.

1. £5,000 Tax Free Award?

As the end of year draws to a close and you’re in the festive mood, you might decide to award one or two staff members for their outstanding contribution to your business and for going beyond their call of duty.

Did you know you can pay your staff tax free income for suggestions that benefit your business? Yes you can and actually there are two kinds of awards:

  • encouragement awards - for good suggestions, or to reward your employees for special effort
  • financial benefit awards - for suggestions that will save or make your business money

Encouragement awards are tax free up to £25. But financial benefit awards are exempt up to £5,000. That’s right £5,000.

But before you go ahead and pay your staff tax free income this Christmas, please note that as will all tax reliefs and tax exemptions, there are conditions to meet. Some of the conditions for staff suggestion scheme includes:

  • the suggestion scheme must be open to all your employees
  • the suggestion must relate your business
  • your employee must go beyond their call of duty (ie suggestions made as part of their normal work will not count)
  • the suggestion can’t be made at a meeting for proposing new ideas

And to keep HMRC have a look at what they say on this by researching on their website. Here’s the reference EIM06600. And if you don’t qualify, then something to certainly think about in the new year.

2. Tax Free Gifts To Employees

In addition to awards, gifts you give to your employees are normally exempt from tax and NI. However this exemption only applies if the gift is deemed to be trivial. For a gift to be considered a trivial benefit, it must cost £50 or less, and not be part of the employees’
contract or a reward for performance. It must also not be a cash reward as HMRC will tax this as earnings (payroll tax). So classic gifts including a bottle of wine or box of chocolates would be exempt from tax.

3. Tax Free Business Gifts To Customers

These are only allowable as a tax deduction if the total cost to each customer per year is less than £50 and the gift bears a conspicuous advert for the business and it isn’t food, drink, tobacco (unless they’re samples of your products).

4. Tax Efficient Vouchers

If you give your employees cash vouchers, the amounts would need to be put through the payroll and subject to tax and National Insurance. Non-cash vouchers up to £50 may be exempt under the trivial benefit rules. Where the voucher exceeds £50, you will need to report these on a P11D form to HMRC.

5. Tax Free Christmas Parties

It seems to be common knowledge that an employer can spend up to £150 per head including VAT per year, in providing annual social functions to entertain its staff.

But here are some points to bear in mind. This £150 is per head and not per staff. To work
out the cost per head, divide the total cost by the number of attendees (staff and any other
guests). So when employees’ spouses and partners do attend the event you can budget for £300 per couple. The £150 is not an allowance. It’s an exemption and so if the cost per head works out at £151, then the full £151 is taxable and not just the £1 excess. So do watch out for attendees dropping out last minute as this could spoil the “tax party” for you and your staff.

Thinking of having two parties during the year? Let’s say the first party is budgeted at £145 per head. The second party will cost £100 per head. The £150 limit can be used against the first party leaving the second party as a fully taxable benefit.

To keep HMRC happy, do ensure that the annual event is a staff social event and opened to all staff. Plus do keep proper records especially on the number of attendees. For more info search for EIM21690 on HMRC’s site.

6. Tax Efficient Client Entertainment

Ok, so you’ve read somewhere or you’ve been told by your accountant that client entertainment is not tax deductible. And this is true. But please bear in mind that if you happen to entertain clients this Christmas and you meet any of the following 2 conditions, you can claim these expenses against your tax. These are the so called exceptions to the rules.

Contractual obligation: Where it’s part of your business to entertain, say if you’re providing a training course to businesses and you entertain them as part of the course – maybe providing tea, coffee, lunch and so on – even if it’s food, you’re still allowed to claim that because you’re under a contractual obligation to give them food.
Quid pro quo: Let’s say you’re a freelance journalist and you want to speak to say Andy, a man who has world of experience on a topic you’re writing about. You offer to take Andy out to lunch this Christmas in exchange for his insight into the topic which you’re researching. Because Andy is coming to the table with something of value but not benefitting from it apart from getting free lunch, you’re actually allowed to claim the expense, even though it appears as entertainment.

In order to keep HMRC happy, do have plenty of evidence to support your claim.

7. Inheritance Tax Free Gift:

Gifts between family members are normally dealt with under the inheritance tax code subject to the various reliefs and the seven-year rule. This rule, also called PET (Potentially Exempt Transfer), says that if you make a gift and then survive for seven years afterwards, the gift becomes exempt (i.e. no tax is payable) and therefore falls outside of your estate for tax purposes. Luckily, the inheritance tax code has some pretty generous reliefs and exemptions including an annual exemption of £3,000 and a small gift exemption of up to £250 a year.

8. Christmas and Tax Incentives

According to a recent studies by Gallup, about 60% of employees are not engaged. This is not good news for most employers. However most employees do look forward to Christmas. Why not capture this mood and announce some good staff retention and performance
incentives at Christmas? So you can consider things like tax efficient share option schemes if appropriate or tax efficient remuneration packages. How about Christmas shopping half day off? This may well save you some recruitment costs in the New Year.

9. Upto £1,000 Long Service Award

Let’s say you have an employee who has worked for you for a very long time. It’s time to move on and you’ve both decided that December will be a good month to say your goodbyes. Did you know you can give them a non-cash award of upto £1,000 if certain conditions apply? Search HMRC’s site for long service award for more details.

Plan Ahead to Save Tax Next Year

If you’re reading this and thinking you’ve missed out on some useful tax reliefs, the only way to ensure you make next year tax deductible is to plan ahead. Until then, Merry Christmas..!

ABOUT THE AUTHOR

Jonathan Amponsah CTA FCCA is an award winning chartered tax adviser and accountant. He is the founder of The Tax Guys.

Should you transfer your buy-to-let properties into a limited company?

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With mortgage interest tax relief disappearing, landlords who have a few buy-to-let properties could consider transferring them into a limited company.  But is it worth doing? Jonathan Amponsah, CEO at The Tax Guys, explains the pros and cons.

Mortgage interest relief for buy-to-let (BTL) landlords is changing, with the new rules being phased in between April 2017 and 2020.

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Landlords will no longer be able to deduct all of their finance costs from their property income.  From 2020, you will instead receive a basic rate reduction from your income tax liability for your finance costs. So, if you incur £1,000 interest, you will only be able to claim £200 (20% x £1,000) off your tax bill.

However, this change doesn‘t apply to limited companies so many BTL landlords are now tempted to transfer their property into a limited company to continue claiming tax relief on all the interest and finance costs.

It’s an attractive proposition as a limited company will enjoy the tax relief that individuals are now losing, and any net profit will be taxed at the lower company tax rates of 20%.

But… you may find yourself landed with unnecessary tax bills and costs.

Pitfalls

Here are five common pitfalls to be aware of if you are considering a transfer to a limited company:

  • Stamp Duty Land Tax. If you transfer the property from yourself to the company (effectively the company buys the property) then the company could become liable to pay stamp duty land tax. So while you reduce income tax, you may end up paying the same amount or more in stamp duty land tax.
  • Capital Gains Tax. If you transfer the property to the company, this will be treated as if you’ve sold the property to the company. If the property has gone up in value since you originally bought it, you’ll have to pay up to 28% capital gains tax on the difference, subject to any tax reliefs and allowances. If you have a few properties to transfer, seek advice about a relief you could claim to defer your capital gains tax.

These two main tax pitfalls could potentially wipe out any short-term tax savings.

  • Your Mortgage. If your company needs a mortgage to buy the property from you then watch out as in most cases the interest rate is higher for commercial or company mortgages than it is for individuals. So, you could end up paying a lot more over the full term of the mortgage.
  • Once the property is transferred, the company owns it, not the landlord. If something happens to the company, all its assets will be exposed including the property that you put in it.
  • At some point in the future if you sell the property the company will pay Corporation Tax on the profits and the balance of the money from the sale will remain in the company.  In order to get access to the funds to enjoy you’d need to take it out of the company either as salary or dividends or other means. You’d then pay additional tax on that income. When you take the above into account the idea of transferring your BTL property into a limited company starts to sound rather bleak.

Benefits

But there are some situations where you can reduce or eliminate the pitfalls above and enjoy some of the benefits of holding your properties through a limited company.

  • If you’re buying a new property then a limited company could be a good idea. But if it’s an existing property and you’re only managing one or two properties, I’d say: don’t bother. You’re better off paying just a little bit of tax now instead of triggering all these taxes and then having to pay additional double tax if you sell the property in the future.
  • If you currently run your BTL through a properly arranged partnership business, then transferring into a limited company could be a good idea because some of the tax burdens above could be reduced.
  • Legacy planning. Landlords who want to leave their BTL properties to their children could consider the pros and cons of a Family Investment Company as an alternative to a Trust.

Important decision

Clearly the message here is ‘don’t rush into it’. It’s extremely unwise to move BTL properties into a company without taking professional advice.

Whilst there’s no simple answer to the question and it all depends on your circumstances, as a general ‘rule of thumb’ I would say that if it‘s only one or two existing properties in your name, it‘s not a good idea.

If you‘ve got six to 10 properties, it might be worth your while to look at how you can enjoy the benefits of a limited company without triggering unnecessary taxes and costs.

Source: https://www.whatmortgage.co.uk/news/buy-to-let/transfer-buy-let-properties-limited-company/

ABOUT THE AUTHOR

Jonathan Amponsah CTA FCCA is an award winning chartered tax adviser and accountant. He is the founder of The Tax Guys.

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Tax Guys - Tax Claims

What Expenses Can I Claim Against Tax?

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Did you know there are over 36 expenses you can claim against tax?

When you incur expenses for your business, the taxman will contribute towards the cost so long as the whole purpose of the expense was for your business. So whilst you cannot claim for some personal items, there’s actually a fair bit that you can claim. It’s important to keep proper records. And make notes of the reasons (business) why you’re incurring the expenses.

So here are some common expenses you can claim.

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  • Use of home expenses
  • Research and development. This is quiet generous because you get 2 for the price of one! The taxman allows you to claim say £200 when you’ve only spent £100. How cool and generous is that??? But wait you need a great tax accountant to help you with this!
  • Travel
  • Internet
  • Computers
  • Hotel accommodation
  • Telephone – If you’re a limited company, did you know you can claim for two mobile phones…?
  • Training
  • Networking event costs
  • Website
  • Protective clothing
  • Pre-trading expenses from 7 years (that’s right..!! Another cool and generous gift from the taxman!)
  • And finally guess what…? Accountancy fees! Yes the fee you pay your accountant is also tax deductible.

But there’s more…!

Click here to request for a copy of our one-page 36 tax deductible expenses.

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ABOUT THE AUTHOR

Jonathan Amponsah CTA FCCA is an award winning chartered tax adviser and accountant. He is the founder of The Tax Guys.

 

21 Ways to Reduce the Impact of BREXIT

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21 Ways to Reduce the Impact of BREXIT on your Business & Personal Finances…

Whatever your political persuasion, wherever you placed your cross on the ballot paper on the 23 June 2016, events are now unfolding that will change the economic landscape of the UK for generations to come. As your trusted advisers and award winning accountants, we have a duty to help all clients and we will be proactive in supporting you all during these times. We start with this article.

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In this article, we will cover:

  • What happens next
  • What is Article 50
  • Uncertainty 
  • How your business will be affected
  • How your personal finances will be affected
  • Your ten point business and personal finance check list

So what exactly happened on 23 June? Are we still in the EU? Aside from the political upheavals, what are the practical problems that small business owners and tax payers will be facing as a direct result of the Brexit vote?

In this short report we have attempted to de-mystify the steps our government will need to take in order to carry out the outcome of the referendum; that we leave the European Union.

More importantly, it sets out the steps that business owners and individuals can take now to minimize any downside risks posed by the withdrawal.

Whilst we wait for the political process to unwind, we should take time out for thoughtful consideration of the effects these changes may have on our businesses and personal finances. Hopefully, this article will help.

At the end of the article is a 21 point check lists illustrating the practical strategies that could be employed now in order to see you and your business through the change processes that we face. The old adage “be prepared” is still valid:

“By failing to prepare, you are preparing to fail.”

-Benjamin Franklin

Whilst it always pays to be positive, it’s also important to be realistic and start putting together a plan B.

Download Our 21-Point Checklist

Find out how to avoid the downfalls of BREXIT for your business and personal finances.

What happens next?

72% of those qualified to vote actually voted. Of those who voted, 52% voted to leave the EU and 48% to remain. As the result was decided by a simple majority of those who voted, the UK electorate has a confirmed that they want to leave the EU.

Although this result is a strong incentive for government to start the process of disengagement from Europe, it does not mean that from 6am, 24th June 2016, we are no longer paying members of the EU. Our membership and responsibilities will continue until the legal process is concluded by our elected representatives.

So what happens next? 

In his resignation speech, David Cameron said:

“A negotiation with the European Union will need to begin under a new prime minister and I think it’s right that this new prime minister takes the decision about when to trigger Article 50 and start the formal and legal process of leaving the EU.” 

In other words, our membership will continue with no change until David Cameron’s replacement is found and he or she formally applies to the EU under Article 50 to leave. This will likely be in the autumn, shortly before the Conservative’s Annual Conference. It should be noted that the European Commission has been quick to respond, they will be pressing for a faster disengagement to minimize uncertainty. 

What is Article 50? The next section explains…

What happens next?

Article 50 is reproduced below:

Screen Shot 2016-06-29 at 2.08.33 pm

Basically, this sets out the legal framework for the UK’s disengagement from Europe. Until this Article is triggered, and it can only be triggered by a member state, the formal process of negotiation to leave the EU cannot start. Once started, it needs to be concluded within 2 years unless both parties agree to an extension of this deadline.

If the new leader/prime minister is in post for the 1 October 2016 (2 days before the Conservative’s annual conference begins), and if the formal application to leave is lodged in accordance with Article 50 at the same time, then we should expect to be disentangled from our European partners on or before October 2018.

If we are unlikely to commence legal proceedings for 3 months, why are the financial markets in such turmoil right now? The next section looks at this conundrum.

Uncertainty?

The standing of the UK in the financial markets is based on the opinion that the world’s currency, commodity and stock market traders have regarding the financial worth and wealth producing potential of the UK.

In order to reach a conclusion on these indicators, the markets crave certainty. They like the numbers to make sense, to stack up. Without certainty, the value of our companies and the price that our currency will be worth, compared to other currencies, becomes a guessing game.

The decision on 23 June 2016, to leave the EU, has removed some of the certainty regarding our ability to balance our books and trade effectively in the world economy. Until we are ex-members of the EU, and until we have renegotiated new trade agreements with the EU and the rest of the major economies, this “market certainty” is likely to be an issue that will continue to unsettle the markets.

The day following the referendum, stock markets tumbled and then recovered somewhat, sterling’s exchange rate with the major currencies dropped, and then recovered somewhat. As such, there is no sign of an impending collapse in sterling or any long term downward trend in the global stock markets. Only time will tell if the short-term corrections will be recovered or sustained. Thus far, it’s steady as you go.

In some respects, the delay in appointing a new prime minister and starting the formal leaving process, will exacerbate uncertainty. The European Commission will be impatient to resolve the situation as the UK’s decision to leave affects the entire European project. It may also encourage other disaffected member states to lobby for a UK-type referendum.

However, to protect your interests, we have focused in this booklet on the ways in which these market reactions may affect your personal or business affairs. Our conclusions are set out of the following pages.

Download Our 21-Point Checklist

Find out how to avoid the downfalls of BREXIT for your business and personal finances.

How will my business be affected?

The factors that may affect businesses, especially smaller businesses in the UK, in the coming months are bullet-pointed below. Don’t forget that these are generalisations. Some may apply to your circumstances and some may not.

 If the sterling exchange rate settles at a lower level the cost of imported goods will rise and our exporters may benefit as their goods and services will be priced lower in overseas buyer’s markets.

 If the rising cost of imports triggers inflation the Bank of England may have to step in and increase interest rates. This will increase the cost of borrowing; business profits will suffer as will cash flow.

 An alternative scenario is also possible. The Bank of England may reduce interest rates to encourage investment and lower the cost of borrowing for UK businesses and home owners.

 Firms that trade in the property sector will need to keep a weather eye on demand as buyers may be discouraged by the overall uncertainty about the longer term outlook for interest rates. As a consequence, we may see the property market flat-line or prices fall.

 Uncertainty may encourage banks and other lenders to be more cautious when considering loans. Cash flow management should possibly shift towards the top of to-do lists, just in case there is downward pressure if credit does tighten up.

 Businesses and non-profit making enterprises that rely on EU funding should contact their funding agencies as soon as possible. Be prepared. Start looking for alternative funding now. Support for farmers and other key groups may be replaced by UK government grants.

 Businesses that trade with the rest of the EU will need to re-examine their sales and marketing strategy for the future. If and when the final EU curtain falls they will likely find their exports subject to tariffs. Time to start looking for alternative export markets or ways to increase penetration in the home market.

 Firms that are part of the supply chain for multinational concerns will need to be vigilant. Car manufactures, pharmaceutical companies, international banks and others, that have based their operations in the UK as a spring board to the EU markets, could possibly reconsider their options.

 If consumer demand in the UK hardens, the ability to pass on increased costs may become a problem for smaller businesses already coping with smaller margins and shrinking demand for their products and services.

 Finally, we may have face tax increases as the UK struggles to balance its books and repay debt. Should this happen, please refer to my last report on dividends tax planning. There are still plenty of ways to reduce tax without turning to aggressive tax schemes.

Businesses will need to be on their guard. Businesses and individuals should be watchful and stay positive. There are small business owners who would say that they were held back by EU regulation and will now be free to explore alternative markets. There are others that will be concerned by any loss of access to European markets. In any event, it pays to trim your sails if a storm is forecast, even if it blows over.

How will my personal finances be affected?

For the last 40 years, our financial institutions have been built inside an integrated European Union. As a nation, we will need to act quickly to re-establish this framework outside the EU. The following points flag up some the issues we should keep an eye on:

 As the banks adjust to the situation, credit may tighten up: it may become more difficult to obtain loans or mortgages. 

 In the short-term interest rates may fall, longer term they may rise. The latter will have an impact on debt repayment. 

 As the cost of imported goods will almost certainly rise, due to exchange fluctuations and as tariffs are imposed, the cost of the weekly shop will increase. 

Adverse movements in the sterling exchange rate will possibly increase the cost of imported oil and gas. If so, monthly utility bills may increase, as will the cost of filling up our cars. Time to look at hybrids or use public transport.

 Without increased government subsidy, rail, air and road transport costs may rise adding further inflationary pressures and increases in domestic expenditures.

 Employers, suffering from the same cost increases, will be reviewing recruitment and the cost of labour. We may see rises in unemployment and downward pressure on future pay increases. 

 If house prices do fall in the medium term, buyers should be cautious and ensure that their intended purchase is based on a realistic assessment of current market value. Negative equity – where loans to purchase are higher than market value – will become an unwelcome consequence for those who purchase in haste in a falling market. 

 If interest rates do fall, returns for savers could all but disappear. 

 This may be a good time to check out your credit rating. You should position yourself at the top end of the scale if you want to meet your family’s needs.

 Finally, austerity cuts may not be enough to balance the UK’s budget and pay off our national debts so we should be wary, future tax increases may be on the horizon.

Re-engaging with the rest of the world and renegotiating our exit with the EU is going to take some time and associated uncertainties will likely continue until they are resolved.

Time for caution and tightening of belts. 

Want to find out the best guidelines for avoiding the pitfalls of BREXIT?

Download our free 21-point checklists for your personal or business finances today…

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Download Our 21-Point Checklist

Find out how to avoid the downfalls of BREXIT for your business and personal finances.