March 2017 Newsletter

03-Apr-2017
The latest news and views from Jan McDermott & Co Ltd Chartered Accountants.
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Welcome to our newsletter

Bringing you news from the Jan McDermott team and some tax saving hints and tips.

Glancing back, driving forward...


With the start of the year behind us we have time to reflect on our past year and share our plans for the year ahead.

2016 saw Jan McDermott & Co Chartered Accountants make advances in all areas of business from its technical offerings, through its compliance to its altruistic work. Read more...
 

Nine months, 53 races, 270 miles


Another 64 competitive miles were clocked up in December and January for Jan McDermott’s Marathon a Month campaign in aid of the Alzheimer's Society and Birkenhead’s Welcome Centre. 

This 12-month campaign in which Jan, Managing Director of Jan McDermott & Co Chartered Accountants is racing the distance of a marathon each month, has now entered its last three months

Read more or donate here.
 

Interest relief for lettings


The mechanism by which landlords receive tax relief for interest and other finance costs is changing from April 2017 … and not for the better. The current rules are more generous than the new rules in that they enable the landlord to receive tax relief at his or her marginal rate of tax. Read more

Day in the life of Carl Banks 


Carl Banks, 24 from Wallasey, is the only male in the Jan McDermott & Co office and as such has had to get used to being told what to do [read: bossed about] by five women. However, as he has remained in this, his first job on leaving school, we think he secretly likes it.

Carl’s daily satisfaction is seeing everything he is working on reconciled at the end of the day. He is very hands on with his clients...  

Read more
 

Salary Sacrifice after April 2017


To date, salary sacrifice arrangements have been a popular way for employees to benefit from tax-free benefits without employers footing the bill. Under a salary sacrifice arrangement, the employee gives up an amount of tax-free salary in return for a benefit in kind. Read more

A better way to serve our payroll clients...


Jan McDermott and Co Chartered Accountants is delighted to introduce its new sister company Payroll Powerhouse Ltd. Payroll Powerhouse has been formed by Jan McDermott & Co as a joint venture with two other accountants. Read more
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