Travel expenses for self-employed
on 21 November 2018
with No Comments
The cost of business travel is an allowable expense for tax. Home to work travel may qualify as a business … Read More
Working from home (self-employed)
on 20 November 2018
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If you are self-employed and work from home you can claim: All the costs that are incurred for business purposes. A proportion … Read More
Check your NI contribution history
on 16 November 2018
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In order to maximise entitlement to full State Benefits, a full contribution record Is required. It is possible to check … Read More
Class 2 NICs to continue for self-employed
on 16 November 2018
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In 2016 the government consulted on a proposed abolition of Class 2 National Insurance contributions (NICs) for the self-employed. This … Read More
Tax on dividends
on 15 November 2018
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The rules for taxing dividends changed radically from 6 April 2016 with the removal of the 10% notional tax credit … Read More
ISAs
on 12 November 2018
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ISAs The 2018/19 overall limit for ISAs is £20,000. This can be invested in cash or stocks and shares. Any … Read More
Personal allowance
on 9 November 2018
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Personal allowance This is the amount of income you can receive that you don’t have to pay tax on. In … Read More
Charitable donations
on 8 November 2018
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Charitable donations Gift aid donations to charity also give tax relief at your highest marginal tax rate. Any donations made … Read More
Transfer income-producing assets to your spouse or civil partner
on 7 November 2018
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Transfer income-producing assets to your spouse or civil partner Transferring assets such as property or quoted investments to a spouse … Read More
Use your annual pension allowance
on 6 November 2018
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Use your annual pension allowance Pension contributions are still a tax-efficient way of saving for retirement, with tax relief given … Read More