Capital expenditure planning in light of permanent increase to AIA limit
The Annual Investment Allowance will now remain at £1 million permanently rather than reverting to £200,000 from 1 April 2023. This change of plan may
The Annual Investment Allowance will now remain at £1 million permanently rather than reverting to £200,000 from 1 April 2023. This change of plan may
To help businesses that suffered losses during the Covid-19 pandemic, temporary measures were introduced to increase the period for which certain losses could be carried
If you receive rental income from properties that you let out, you will need to tell HMRC about it on the property pages of your
Generally, when a person sells a home that they have lived in as their main residence, they will not have to pay tax on any
In a climate of interest rate hikes and rising mortgage rates, property investors will want to ensure that they do not miss out on tax
During her leadership campaign, Prime Minister, Liz Truss, promised to reverse the National Insurance increases that took effect from 6 April 2022 pending the increase
If you are a VAT-registered business you must charge VAT when you make taxable supplies. You must also pay over the difference between VAT you
To save work, employers can pay employees a mileage allowance if they use their own car for business journeys. The Government have recently cleared up
To ensure that a business does not pay more income tax than it needs to, it is important that a deduction is claimed for all
The Chancellor’s recent mini-Budget and subsequent U – turns threw a number of spanners into the works as far as profit extraction strategies are concerned.
A property rental business will have a start date and an end date, and it is important to know what those dates are. When setting
Where a person has a property portfolio, they may consider giving away one or more of their investment properties during their lifetime to reduce the
In his recent mini-Budget, the then Chancellor announced a number of stamp duty land tax (SDLT) changes. What are the changes and how will they
The VAT tax rules are clear – input tax cannot be claimed on the purchase of a new or used car that is made available
With the cost-of-living crisis upon us more people are considering self-employment as well as employment to bring in extra money. This can lead to overpayments
Where the plan is to pay a dividend the director/shareholder must ensure that set procedures are in place. This article describes some traps for the
As the cost-of-living crisis deepens, many employees are looking to save money. One option is to cut the cost of the commute by cycling to
Inheritance tax is often described as a voluntary tax. While most of us do not know in advance when we are going to die, there
If you are an employer, it is beneficial for both you and your employees if your workforce is healthy. Consequently, you may want to offer
You must register for VAT if your VAT taxable turnover for the last 12 months exceeded the VAT registration threshold of £85,000, or if you
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