Entitlement to the state pension and certain contributory benefits depends on an individual having paid, or been credited with, sufficient National Insurance contributions. To qualify
Should I Pay Class 2 NIC Voluntarily? Read More »
The trading allowance enables an individual to earn up to £1,000 from self-employment, the provision of casual services (such as gardening or babysitting) or from
Can you Benefit from the Trading Allowance? Read More »
The VAT default surcharge is being replaced with a new VAT penalty and interest regime. The new rules apply to VAT accounting periods beginning on
VAT Penalties – New Rules Read More »
One of the increasingly common things in the UK is known to be the loss of tax evasion. Whether it is related to the big
How Much is Lost to Tax Evasion in the UK? Read More »
The dividend allowance is available in addition to the personal allowance. It allows all taxpayers regardless of the rate at which they pay tax to
Reduction in the Dividend Allowance Read More »
A gain on the sale of an investment property, such as a buy-to-let or second home, will be liable to capital gains tax to the
Time Sale to Take Advantage of Higher Annual Exempt Amount Read More »
Many landlords purchase their investment properties with the aid of a mortgage. In the current climate of rising interest rates, landlords may be wondering whether
Mortgage Interest and Tax Relief Read More »
Several people enquire about child tax credits in shared custody in the UK. Arranging an explanation to such queries often becomes complicated because only one
Who Gets Child Tax Credits in Shared Custody? Read More »
In the ill-fated mini Budget, the then Chancellor increased the residential stamp duty land tax threshold from £125,000 to £250,000 with effect from 23 September
Take Advantage of the Limited Window to Save SDLT Read More »
When you are associated with business, you certainly know the importance of tax implications. Sometimes this certainty of taxation can occur twice in the same
How to Avoid Double Taxation C Corporation? Read More »
