Blogs
What are the Tax Deductions of Exotic Dancer in the UK?
If you belong to the circle of being in the role of exotic dancers in
HMRC has Closed its Phone Lines – How to Make Contact
With four days’ notice, a trial to redirect Self Assessment (SA) queries from HMRC’s phone
Would An LLP Be Better For Your Business? Advantages & Disadvantages Compared With Companies
When setting up in business, most people weigh up the pros and cons of operating
Are You Ready For The Change? Self-Employed – Basis Period Reform
As part of HMRC’s Making Tax Digital initiative, the existing method of calculating profits on
Mixed-Use Properties and SDLT
For stamp duty land tax (SDLT) purposes, a property may be a residential property, a
CGT Advantages of Furnished Holiday Lettings
Furnished holiday lettings (FHLs) have a number of tax advantages over residential lets. These advantages
Selling the Garden for Development
If you own a large plot of land that you no longer require but you
Are You Entitled To Small Business Rate Relief?
Business rates are charged on non-domestic properties like shops, offices, warehouses, factories and holiday rentals
Do you Need to Complete A Tax Return?
Even if you pay all your tax through PAYE, you may still need to complete
Mobile Phones – A Worthwhile Benefit
The tax system contains a number of exemptions, some of which are more useful than
NIC Advantages of Part-Time Workers
Employers looking to take on new staff may wish to consider employing two or more
Tax and Tips
The Employment (Allocation of Tips) Act 2023 sets out a new legal framework for the
A Different Method of Paying Tax
Tax payments for the self-employed or those who declare their income under self-assessment are payable
Class 2 National Insurance Voluntary Contributions Are No More
Class 2 NICs are flat-rate contributions payable by the self-employed, currently charged at a rate
Deferring Capital Gains Tax on A Business Asset
The potential to be charged capital gains tax (CGT) arises with the sale or gift