Blogs
Can you Afford to Sell an Investment Property?
Property is generally a good investment, and where an investment property or second home has
How to Pay Tax on Your Foreign Income in the UK?
There are several cases that have been observed in people who are residents of the
The Dangers of Letting Friends Use the Holiday Let
Furnished holiday lettings have tax benefits that are not available to landlords of residential lets.
MTD and Landlords – the New Timetable
Under the original plans, landlords with rental income (or combined rental and business income) of
Tax Implications of Writing Off a Bad Debt
Companies and self-employed businesses with a turnover exceeding £150,000 a year are obliged to prepare
Corporation Tax Rate Changes – What are Tax Implications?
Most directors know that as of 1 April 2023, companies with taxable profits in excess
NIC Position if you are Employed and Self-Employed, Deferment
With different rates and limits of National Insurance contributions (NIC) for the 2022/23 year, anyone
Is the Teacher Tax Rebate Genuine?
It has been observed among the teacher’s sectors that teachers from the primary and secondary
Taxation of Company Vans in 2023/24
A tax charge may arise under the benefit in kind legislation where a company van
Basis Period Reform – Preparing For the Transition
As part of the move to Making Tax Digital for Income Tax Self-Assessment (MTD for
Pension Payments – What Tax Relief is Available?
To encourage pension savings, tax relief is available on contributions made to registered pension schemes.
Beat the Reduction in the Additional Rate Tax Threshold
For a brief period it seemed that the days were numbered for the additional rate
Repaying Directors’ Loans – Does the Order Matter?
Directors’ loans can be tricky from a tax perspective. Specific tax charges apply where loans
What are Some Teacher Tax Deductions?
Being in the role of a teacher in the UK, sometimes makes you end up
LLP VA Company – Which is Best?
Limited liability partnerships (LLPs) are a relatively new type of business structure that came into