MGI Blog

A series of insights into financial matters from member firms of the MGI association

Latest posts

Jun

Bristol, Taunton and Yeovil may be a long way from the Square Mile, but distance need be no object when it comes to knowing your way around the capital’s stock exchanges.

Mar

Why tax exiles find it harder to control their kids...

...and why it is vital that anyone with overseas property gets appropriate advice in relation to inheritances and inheritance tax.

Feb

Last chance to maximise tax savings for this year

The global recession and the resulting deficits have resulted in Governments the world over looking to increase taxes to deal with the shortfall. However, certain planning opportunities exist which could help you protect your hard-earned cash from George Osborne’s ever-longer reach.

Feb

UK attracts bankruptcy tourists

European visitors to the UK aren’t just packing their buckets and spades, they’re bringing their credit card debts too – and then leaving them behind!

Jan

Make capital, not income and watch your tax bill disappear

In the early Sixties, when the Beatles were young and England could play football, there was no such thing as Capital Gains Tax (CGT). If you made a capital gain, you paid no tax on it. Buy shares for £100 and sell for £150, and the £50 gain was yours, tax-free.

Nov

Politicians go on the attack over tax

At a time when the nation’s finances are under unprecedented strain, it is easy for a politician to score a few points by attacking the antics of those wealthy individuals who they claim do not pay their fare share of tax.

Aug

Buying a ‘distressed’ business

While there is some evidence out there to suggest the worst of the recession may be over, the outlook is still uncertain for many firms and, unfortunately, we are likely to continue to see business failures.

Jul

MGI IT Group Meeting

The IT group had its second meeting in April. It was held at CBW's office in Aldgate.

Jun

International Associations – are you getting good value?

In the mid sized professional advisor market, the growing requirement to offer clients international advice is most often resolved by joining a global association or network of similarly sized advisors around.

Jun

A pre-budget wishlist

Members of MGI UK and Ireland, part of the global association of accountancy firms, have called for the government to do all it can to soften the impact of any tax rises for business in its ‘Emergency Budget’ on June 22.

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