A furnished holiday letting business is treated as a trade for most tax purposes. For example, capital allowances are available … Read More
The government are gradually phasing out the self-assessment tax return and replacing it with an individual tax account pre-populated with … Read More
From April 2018 there will be no benefit-in-kind liability if you are charge your electric cars at your employer’s premises. … Read More
Remember, it is important to be different to your competitors. Use the information you’re gathering from your customers to establish: … Read More
Armed forces personnel can now receive some accommodation expenses free of income tax and National Insurance. As with all of … Read More
The starting rate for savings income will remain at £5,000 for 2018-19 and the standard ISA annual subscription limit will … Read More
In keeping with the government’s stated aim of increasing the personal allowance to £12,500 by 2020, this will rise to … Read More
It had been announced that by 2019 capital gains tax on residential property would have to be paid within 30 … Read More
First-time buyers paying £300,000 or less for a residential property will no longer pay stamp duty land tax (SDLT). For … Read More
The £85,000 VAT threshold will remain at the same level for two years pending further consultation. The Office of Tax … Read More