Dunkley's Chartered Accountants

As concerns grow over a £22 billion shortfall in public finances, investors are bracing for a potential capital gains tax hike in the upcoming October Budget. Wealth managers and tax experts are reporting a surge in asset sales among business owners, property investors, and shareholders in response to these fears. Advisers are seeing clients selling assets to external buyers and exploring strategies like transferring assets into family trusts or gifting them to younger generations. There are also concerns about potential changes to the inheritance tax system, prompting further preemptive measures. With the October Budget approaching, uncertainty is rising among UK investors. If you need advice on your assets, talk to us today. #capitalgainstax #accountants #audit #bookkeeping #charteredaccountants #accountantsuk #accountantsucantrust #taxaccountants #taxes #smallbusinessaccountants #accountingadvice #bristolaccountant

Buyer demand in the UK property market has surged by 20% compared to last year, with new sales agreements up nearly 25%! As of July, the average cost of a UK home reached £266,400, reflecting a 1.4% increase since January, an uptick of £3,600. Looking ahead, property website Zoopla projects house prices could rise by 2.5% by the end of 2024, bolstered by the recent interest rate cut from 5.25% to 5% in early August. If you're thinking about buying or selling, talk to us. #ukpropertymarket #property #accountants #audit #bookkeeping #charteredaccountants #accountantsuk #accountantsucantrust #taxaccountants #taxes #smallbusinessaccountants #accountingadvice #bristolaccountant

Effective September 1, 2024, HMRC has introduced new advisory fuel rates that could impact your business travel reimbursements. Here’s what you need to know: 🔹 Petrol Engines: - Up to 1,400cc: 13p per mile (down from 14p) - 1,401cc to 2,000cc: 15p per mile - Over 2,000cc: 24p per mile 🔹 Diesel Engines: - Up to 1,600cc: 12p per mile - 1,601cc to 2,000cc: 14p per mile - Over 2,000cc: 18p per mile 🔹 LPG Vehicles: No change. - Up to 1,400cc: 11p per mile - 1,401cc to 2,000cc: 13p per mile - Over 2,000cc: 21p per mile 🔹 Electric Vehicles: Rate reduced to 7p per mile. Hybrid vehicles will be treated based on their primary fuel source (petrol or diesel). Make sure to review these new rates to ensure accurate reimbursement for your travel expenses! #fuelrates #companycar #accountants #audit #bookkeeping #charteredaccountants #accountantsuk #accountantsucantrust #taxaccountants #taxes #smallbusinessaccountants #accountingadvice #bristolaccountant

We had a special visitor at Dunkley’s HQ this week! Our Summer Colouring Competition winner, Layla, stopped by to collect her prize, and we were thrilled to meet her! Layla, along with her big sister and parents, came to celebrate her creative talents and she got to meet our office mascot, Mr. Sprinkles! A big congratulations to Layla (pictured on the left) for her fantastic artwork. Keep up the great creativity! #summercompetition #colouringcompetition #colouring #mrsprinkles

Selecting the appropriate structure for your business is one of the most crucial decisions you'll make. It impacts everything from your tax obligations to your personal liability and even how you can raise funds. If you’re considering starting a new business or restructuring an existing one, it’s essential to explore your options to ensure you make the best choice. In our latest blog, we dive into the different business structures available and provide insights to help you make informed decisions for your business's future. To read the full article, click here: https://bit.ly/4epFhji #businessstructure #therightbusinessstructure #accountants #audit #bookkeeping #charteredaccountants #accountantsuk #accountantsucantrust #taxaccountants #taxes #smallbusinessaccountants #accountingadvice #bristolaccountant

🏉 What a fantastic day at the rugby on Saturday, watching Bristol Bears take on Saracens! It was a great game, and even better to enjoy it with these guys. Left to right – Joe, Lisa, Jon Filer, and Adam Cole. Close score with a Saracens win. #BristolBears #Saracens #RugbyDay

Did you know that most limited companies are required by law to undergo an audit? Even those that are exempt often opt for this process to enhance credibility. At Dunkley's, our audit services are designed to make your business stronger and instil confidence in lenders, investors, and stakeholders, showcasing that your firm is well-managed with trustworthy accounts. Talk to our experts today about auditing your business. #auditservices #companyaudit #accountants #audit #bookkeeping #charteredaccountants #accountantsuk #accountantsucantrust #taxaccountants #taxes #smallbusinessaccountants #accountingadvice #bristolaccountant

Mike had a great day yesterday at the Variety Club Golf Day, at the beautiful Stoke Park. Hosts were Variety Club golfers Sam Head and Jamie Little. The day raised an incredible £3,000 for the amazing work of the @VarietyClub! What a fantastic day on the green! #varietyclub #varietyclubgolfday #jamielittle #golfday

Personal tax compliance checks can sound intimidating, but they don’t have to be! With the right preparation and understanding, you can navigate the process smoothly. In our latest blog, we walk you through what to expect during a tax compliance check, how to stay organised, and tips for handling the process with confidence. Our goal is to provide you with clear, straightforward advice that empowers you to face any compliance check that may come your way. To read the full article, click here: https://bit.ly/3TTfacl #personaltaxcompliance #compliancecheck #accountants #audit #bookkeeping #charteredaccountants #accountantsuk #accountantsucantrust #taxaccountants #taxes #smallbusinessaccountants #accountingadvice #bristolaccountant

🌟 Introducing Mike Dunkley, one of the driving forces behind Dunkleys! With over 40 years of experience in the accountancy industry, Mike’s journey has been nothing short of extraordinary 🌟 Mike began his career at a regional firm in the South West and, after qualifying, joined PwC in Audit and Insolvency. In 1991, he founded Dunkleys Chartered Accountants. Mike excels in guiding clients through the complexities of estate, inheritance tax (IHT), and succession planning, ensuring peace of mind and optimal outcomes. He is also an expert in business consulting. When he's not advising clients, Mike enjoys quality time with family and friends, savouring a glass of whisky, playing the occasional round of golf, and exploring unique destinations around the world.💫 #meettheteam #director #accountants #audit #bookkeeping #charteredaccountants #accountantsuk #accountantsucantrust #taxaccountants #taxes #smallbusinessaccountants #accountingadvice #bristolaccountant