Business rates are charged on non-domestic properties like shops, offices, warehouses, factories and holiday rentals or guest houses. However, if your property’s rateable value is
Are You Entitled To Small Business Rate Relief? Read More »
Even if you pay all your tax through PAYE, you may still need to complete a Self-Assessment tax return if you are a high earner.
Do you Need to Complete A Tax Return? Read More »
The tax system contains a number of exemptions, some of which are more useful than others. One of the more valuable exemptions is that for
Mobile Phones – A Worthwhile Benefit Read More »
Last updated: 14 October 2026 Employers looking to take on new staff may wish to consider employing two or more part-time workers rather than one
NIC Advantages of Part-Time Workers Read More »
The Employment (Allocation of Tips) Act 2023 sets out a new legal framework for the fair allocation of tips. A new Code of Practice is
Tax payments for the self-employed or those who declare their income under self-assessment are payable by 31 January and 31 July every year. Taxpayers who
A Different Method of Paying Tax Read More »
Last updated: 18 October 2026 Class 2 NICs are flat-rate contributions that, since 6 April 2024, the self-employed pay only voluntarily, at £3.65 a week
Class 2 National Insurance Voluntary Contributions Are No More Read More »
The potential to be charged capital gains tax (CGT) arises with the sale or gift of an asset. Deferral of the charge is possible with
Deferring Capital Gains Tax on A Business Asset Read More »
If you have a spare room in your home, you may consider letting it out to raise some much-needed cash to help meet rising living
Enjoy £7,500 of Tax-Free Income Under the Rent-A-Room Scheme Read More »
The main residence exemption applies for capital gains tax purposes to the extent that a property is used as the taxpayer’s only or main residence.
Business Use of Home – Beware the Lower CGT Annual Exempt Amount Read More »
