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TFMC Blogs

What is Rent a Room Relief?

In this post we discuss the rules around rent-a-room relief. The Rent a Room Scheme can earn tax free income by renting out accommodation within your main home to a lodger.


George Osborne's third economic statement of 2015 (and the fourth within 365 days) lacked the big surprises and headline grabbing announcements we've recently come to expect from these occasions. In a combined Spending Review and Autumn Statement, changes to government departmental budgets dominated the Chancellor's speech.

Top 5 Bookkeeping Errors Made by SMEs

Some bookkeeping or accounting errors are minor, insignificant and easy to correct. Others however can be far more serious and costly affecting your businessÂ’ financial health.

TFMC Bolton is on the move!

Jane Thompson and The Financial Management Centre Bolton are on the move! Jane and the team are relocating to their new office today.

Early Effects of Pensions Freedom

The 2014 Budget saw the announcement of a revolutionary new approach to providing income in retirement, which came into effect on 6 April 2015. For the very first time individuals are allowed to access money in their pension pots from age 55 without restrictions.