M.B. McGrady & Co Chartered Accountants in Belfast, Northern Ireland

Capital Allowances

This guide looks at claiming capital allowances to minimise your business’ tax bill A capital allowance is the tax equivalent of depreciation. For example, a business buys a lathe for £10,000 and believes the lathe has an estimated useful working … Continue reading


Financial Planning for Individuals

This guide looks at how financial planning can help you realise your goals for you and your family Consistent financial planning is essential to growing your wealth and building your financial security. A plan that is on course to meet … Continue reading


Insider January 2015

  Businesses plan growth for 2015 Small businesses are planning growth in 2015 but many are still unaware of the finance options available to them, research by the British Business Bank has revealed. The research into more than 1,000 firms … Continue reading


Autumn Statement 2014

Autumn Statement 2014   Introduction The Chancellor George Osborne delivered his final Autumn Statement of this Parliament amid ongoing economic uncertainty. The key indicators paint an unclear picture. The UK economy is now expected to grow faster in 2014 than … Continue reading


Insider December 2014

Insider: December 2014 Small firms fuel economic growth More than a third of economic growth in 2013 was created by high growth small businesses (HGSBs), a report by Octopus Investments and the Centre for Economics and Business Research (Cebr) has … Continue reading


Retirement Planning

Personal Planning UPDATE Have you considered what your retirement might look like financially?   It’s important to think about what you want to do and achieve in your retired years. We can then help you understand how much you need … Continue reading

tax planning

Tax and your Business

Tax and your business This guide is intended to help unincorporated business owners with their tax planning Individuals pay tax on the profits of their unincorporated business at income tax rates ranging from 20% to 45%. In addition, there is … Continue reading

Analyzing electronic document

Safeguarding Your Estate

Safeguarding your estate Considering what you want to happen to your estate when you die and how to minimise the tax liability. Most of us are probably wealthier than we realise, particularly if we own our home. It is quite … Continue reading

Going through valuable corporate research

Salary or Dividends

Salary or dividends When is it beneficial for a company owner or director to take a dividend rather than salary? Many people running businesses prefer to do so through a limited company rather than as a sole trader. One reason … Continue reading


Insider October 2014

Insider October 2014 Record confidence among small businesses Confidence among small businesses has reached record levels, research by the Federation of Small Businesses (FSB) has shown. The FSB survey revealed that small firms in all sectors improved their outlook for … Continue reading