Mixed-Use Properties and SDLT
For stamp duty land tax (SDLT) purposes, a property may be a residential property, a non-residential property or a mixed-use property. The classification is important
Mixed-Use Properties and SDLT Read More »
News
CGT Advantages of Furnished Holiday Lettings
Furnished holiday lettings (FHLs) have a number of tax advantages over residential lets. These advantages include the opportunity to benefit from a number of capital
CGT Advantages of Furnished Holiday Lettings Read More »
Selling the Garden for Development
If you own a large plot of land that you no longer require but you don’t want to move home, you may consider selling some
Selling the Garden for Development Read More »
Are You Entitled To Small Business Rate Relief?
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 »
Do you Need to Complete A Tax Return?
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 »
Mobile Phones – A Worthwhile Benefit
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 »
NIC Advantages of Part-Time Workers
Employers looking to take on new staff may wish to consider employing two or more part-time workers rather than one full-time worker. This can save
NIC Advantages of Part-Time Workers Read More »
Tax and Tips
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
A Different Method of Paying Tax
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 »
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 of £3.45 a week. Non-payment (or credit) could mean entitlement
Class 2 National Insurance Voluntary Contributions Are No More Read More »