Monthly Tax Q&A
- Is Payment to Tenant a Capital or Revenue Expense During Repairs?
- Can HGV Training and License Expenses be Claimed?
- Will I be Taxed on Gain from Selling Property with a Business and Rented Room?
- How Much Can Sales Rep Pay for Overnight Business Trips?
- Is I Liable for the 3% SDLT Surcharge on Second Homes
- What are the Tax Implications of Buying Flat on Monthly Installments?
- What Travel Expenses Can I Claim?
- How Are Business Expenses Made With My Personal Credit Card Recorded?
- What Business Expenses Can I Claim?
- Registered Subcontractor – CIS Gross Payment Status
- Latest News Round Up March 2021
- Import One-Stop Shop
- Reporting Covid-19 support payments
- Venture Capital Trusts – Are the dividends exempt?
- March Questions and Answers
- March Key Tax Dates 2021
- Deregistering from VAT
- Self-assessment – DIY time-to-pay options
- Leaving the UK: a look at split-year treatment
- Director’s Loan Account
- Reclaim the tax using over payment relief
- Managing LISAs on death or terminal illness
- I want to pay for my employees to be screened regularly for COVID-19. Is this a taxable benefit or is it exempt?
- Latest round up
- Reverse charge for building services imminent
- HMRC launches UK VAT number checking tool
- January Key Tax Dates 2021
- Stamp Duty Land Tax Multiple Dwelling Relief (MDR)
- Yesterday the employee called in sick. Do I have to pay statutory sick pay (SSP)?
- November 2020 Key tax dates
- Self-assessment payments deferment for Self-employed people
- Transferring Personal Allowance To Spouse
- HMRC review of import VAT deducted as input tax by non-owners
- The ‘new normal’ for Christmas parties?
- Inheritance Tax on a Deceased Person’s Gift
- What are the tax implications of renting a room in your house
- VAT: Changes to accounting methods used by opticians and sellers of hearing aids
- September 2020 Key tax dates
- How Much Tax Will I Pay on My State Pension
- How does the temporary VAT rate affect my business?
- Daughter’s Inheritance Tax Relief Claim on a Vacated Property
- HMRC launch consultation on NIC holiday for veterans
- VAT-Registered Sole Trader running a Second business
- How long do I need to keep VAT records for?
- VAT FRS temporary rate reductions confirmed
- Reduced property transaction charges
- July 2020 Key tax dates
- VAT on Coronavirus Related Grant
- Stamp Duty Land Tax for first-time buyers
- Can My Parents Let me have their House Without Being Subject to IHT or CGT?
- What are the Tax Rules for Reporting Crypto Profits?
- Are Offshore Investments Subject to Inheritance Tax?
- How are Long Service Awards Taxed for Employees?
- What Employer NI Changes Should New Businesses Prepare For?
- Is a Foreign Inheritance Taxable in the UK?
- Is an Inherited Property Subject to Stamp Duty Land Tax?
- Can I Offset my Rental Income against the Rent that I Pay?
- Is CGT Payable if my Ex-husband Buys me Out of Our Jointly-owned Home?
- Do I Need to Pay Tax on My Savings Interest Earnings?
- Can We Get Tax Relief as a Civil Partnership Couple?
- Do I Need to Declare My Small Craft Business Income?
- Can I Offset My Loss on Shares Against my Personal Tax Allowance?
- Can a House Swap be Interpreted as Tax Evasion?
- Will I Be Liable for Capital Gains Tax on a Property Gift to My Daughter?
- How Will BiK Reporting Changes Affect Small Businesses?
- Do I Need to Register My Consultancy Under the CIS Scheme?
- Do I Need to File a Tax Return for Selling Items Online?
- Do We Need to Provide Pensions for Temporary Seasonal Workers?
- How will Budget 2024 Changes Impact Tax on Carried Interest?
- How do Budget CGT Changes Affect Selling my Assets Now?
- What are the Tax Implications of ISAs?
- When Should I Transfer My Main Residence to My Children?
- What Changes are Coming to Free Childcare Scheme After Maternity Leave?
- How to File Taxes for Freelance Income While Employed?
- What are the Changes to Agricultural Property Relief?
- Will my Non-UK Resident Tax Status be Affected if I Change Jobs?
- Am I Eligible for a SDLT Refund?
- How Do I Complete the Trust and Estate Return?
- What Figure is Used for Calculating Capital Gains Tax?
- What are the Tax Implications of Being Paid in Crypto?
- How Will 2025 Changes Affect My Tax Status?
- How Will a £95,000 Income and Bonus Affect My Tax and Higher Tax Bands?
- Tax on Rental Income for Jointly Owned Property: What to Know
- Are Service Charges Included with Ground Rents on a Landlord Tax Return?
- What are the Tax Rules for Inherited Jointly-Owned Property?
- How Do I Elect Main Residence Relief for Capital Gains Tax on a Second Home?
- Options for Handling a VAT Bill When Cashflow Is Tight
- Will My £9,000 Room Rental Income Be Tax-Free?
- What Tax Relief Can I Get for £30,000 SEIS Investment?
- What Can We Do If We Missed the PAYE Payment Deadline?
- What are the Tax Implications for Dividends on my Salary?
- What is Patent Box Regime and Its Benefits for Businesses?
- What are the Requirements of Scientific Sector to Claim Tax Relief?
- When Do I Register for VAT After Exceeding the Turnover Threshold?
- Can I Claim Tax Relief on Professional Fees?
- How Should I Report Employee Benefits to HMRC?
- Tax Relief for Ex-Army Employees: What You Need to Know
- Do My Commuting Expenses Qualify for Tax Relief with a Hybrid Work Setup?
- Can Dads Get Government Aid for Paternity Leave?
- Can Self-Employed Electricians Claim Training Costs?
- What are the Tax Rules for Renting Out a Property for Vacations?
- Eye Injury & Tax Relief: Can My Brother Get Help?
- Do I Need to Pay Inheritance Tax When My Partner Passed Away?
- Cryptocurrency Taxes Explained: What to Declare Before You Buy
- Latest news round up
- Will Buying a House in Scotland Affect My Tax Residency?
- How Can I Offset Trade Loss Against My Income?
- How Much Tax Will I Pay on Redundancy Settlement of £32,450?
- Unpaid Parental Leave: Do Previous Leave Days Count?
- New Employee Tax Code: No P45, No Checklist? Use 0T W1/M1
- What to Show on Invoices for Café Business if VAT Number Delayed?
- Does Self-Employment in 2022/23 Count Towards State Pension?
- Why Hasn’t HMRC Repaid Full SMP Amount for Maternity Leave?
- Can I Invest on Behalf of My Company in an ISA for Higher Interest Rates?
- How to Get Your 18-Digit Reference Number for NIC Record Top-up Online?
- Are Text Messages from HMRC about New PAYE Codes for 2023/24 Legitimate or a Scam?
- How to Minimise Capital Gains and Protect my Father’s Home from Care Costs?
- What is the Capital Gains Tax on Selling First vs. Owning Second Property?
- Will I Incur Additional Taxes on My Property in Budapest?
- Is Bicycle Hire Scheme for Employees Tax-Exempt?
- Should I Register for CIS as Sole Employee in New Carpet Business?
- Is VAT Registration Needed for £92,000 Turnover by Dec 5, 2023?
- HMRC encourage businesses to register for the Trader Support Service
- Change to partial exemption VAT treatment
- Helping employees with cheap loans
- Gift Aid Tax Relief
- FTT publishes practice statement on ADR
- First-Year Allowances for Zero Emission Cars to Continue
- Finance Bill 2021 and Other Changes
- February Key Tax Dates 2021
- Can I Write Off the Balance in my Plant and Machinery Pool with Full Expensing?
- Employment Allowance: Can You Claim After the Tax Year Has Started?
- Can I Claim the Employer’s Allowance for 2023/24 if My Business’s NIC Bill Exceeded?
- Q. Can a Company Claim the 100% First Year Allowance for an Electric Car?
- Does My Company Have to Pay NIC on Outstanding Debt Exceeding £10,000?
- Do I Need to Pay Tax on the Bonus Received from Nationalwide?
- Do I Include Pension Contributions for Tax Credits?
- Do Casual Workers Need to be on Payroll for One Shift?
- Unlocking VAT Clarity: Zero-Rated vs. Exempt Distinctions
- Difference between Stamp Duty Land Tax (SDLT) and Land Transaction Tax (LTT)
- December Key Tax Dates 2020
- How to Handle Sales Income for a Sole-Trader Business that Ceased After the Owner’s Death?
- Covid-19 Support: SEISS Second Claim Service Open
- Covid-19: SEISS and business grants update
- Covid-19: Job Support Scheme
- New Solopreneur: How Should I Pay Myself?
- Digital Records for 2024: What You Need to Know?
- Should Your Wife Submit a Self-Assessment Tax Return for Her Freelance Work?
- Are There Any Tax Implications If I Transfer My Property To My Spouse?
- Are Repair Costs Deductible as Allowable Expenses?
- PPT Relief for Former Rental Property: How Long Must I Live There?
- Will I Pay Capital Gains Tax When Selling My Home After 15 Years of Renting?
- Can I Gift a Buy-to-Let Property in Manchester to My Son?
- Are There Tax Liabilities for Gifted Rental Properties?
- What are the Tax Implications on the Trust Upon the Death of One Spouse?
- Does Company have to Operate PAYE and Report Wages Under RTI to HMRC?
- Claim Tax Relief for Your Job Expenses: Working from Home
- Can I Claim Tax Relief for the Unpaid Bill
- Does CIS Gross Payment Status Transfer to Sole Trader Business?
- CGT Reporting Deadline
- Capital Gains Tax on the Reinvested Proceeds
- Capital Gains Tax on Disposal of Property
- Capital Gains Tax on a Deceased Person’s Shared Property
- Capital Gains Tax on Sale of Joint-Owned Property: What to Expect?
- Can VAT be Claimed on a New Home Kitchen If Used for Business Purposes?
- Can I Get a Customs Grant?
- Can I Claim the Cost of the Course Against My Self Employed Earnings?
- What are the Tax Implications if Local Charity Ask my Company for Donations?
- How to Calculate VAT-Inclusive Prices and Net/Gross Amounts for a Business?
- Business Asset Disposal Relief Update
- What is the best way to secure relief as soon as possible
- August 2017 Q&A
- Applying for a Customs Grant
- Am I Employed or Self Employed: If I have a Limited Company
- Advisory Fuel Rates Update
- VAT Deferral Scheme Due to COVID-19
- Will National Living Wage Rates Rise to £11 per hour in 2024?
- Is the VAT Flat Rate Scheme Better than Normal VAT for New Businesses?
- Why Different Tax Treatment for Home vs Workplace EV Charging?
- Can a Scanned Signature Be Used on Form 64-8 for CIS?
- Can Outsourcing Accounts and Payroll Benefit Your Small Business?
- Tax-Free Reimbursement of London’s Ultra Low Emission Zone Charges
- How Salary Increases Impact Statutory Maternity Pay and Other Child-Related Benefits?
- Are HMRC Interest Rates on Late Payment of Stamp Duty Linked to Bank of England Rates?
- What is the Most Current C Form for IHT?