The Employment Allowance is an allowance that eligible employers can claim to set against their secondary (employer’s) Class 1 National Insurance liability. The employment allowance
Claim The Employment Allowance For 2023/24 Read More »
Property is generally a good investment, and where an investment property or second home has been held for many years, it may be worth considerably
Can you Afford to Sell an Investment Property? Read More »
There are several cases that have been observed in people who are residents of the UK, however, they also have sources to earn foreign income.
How to Pay Tax on Your Foreign Income in the UK? Read More »
Furnished holiday lettings have tax benefits that are not available to landlords of residential lets. However, to qualify as a holiday let, certain conditions must
The Dangers of Letting Friends Use the Holiday Let Read More »
Under the original plans, landlords with rental income (or combined rental and business income) of more than £10,000 would have needed to comply with Making
MTD and Landlords – the New Timetable Read More »
Companies and self-employed businesses with a turnover exceeding £150,000 a year are obliged to prepare their accounts using the ‘accrual’ basis of calculating profits i.e.
Tax Implications of Writing Off a Bad Debt Read More »
Most directors know that as of 1 April 2023, companies with taxable profits in excess of £250,000 will pay corporation tax at the main rate
Corporation Tax Rate Changes – What are Tax Implications? Read More »
With different rates and limits of National Insurance contributions (NIC) for the 2022/23 year, anyone who has more than one paid job or who is
NIC Position if you are Employed and Self-Employed, Deferment Read More »
It has been observed among the teacher’s sectors that teachers from the primary and secondary levels spend a big chunk of their money on the
Is the Teacher Tax Rebate Genuine? Read More »
A tax charge may arise under the benefit in kind legislation where a company van is available for an employee’s private use. If fuel is
Taxation of Company Vans in 2023/24 Read More »
