If you are self-employed and you received Covid-19 support payments during the pandemic,you may need to report these on your self-assessment tax return.If you are
A landlord will normally take a deposit from a tenant when letting a property to cover the cost of any damage caused to the property
The normal minimum pension age (NMPA) is the age at which most pension savers can access their pensions without incurring an unauthorized pension charge (unless
The hospitality and leisure industry were particularly hard hit by the effects of the Covid-19 pandemic and associated lockdowns. To help the industry recover they
As part of the Government’s push to encourage drivers to ‘go electric’, the Transport Secretary, Grant Shapps, announced an extension to a £50 million Government
The deadline for filing the 2020/21 self-assessment tax return online is 31 January 2022. If you received income from property, you may need to tell
If you are responsible for bringing up a child who is under the age of 16, or under the age of 20 where they remain
The Adjudicators Office (AO) is a little known but powerful government department independent of HMRC. Its remit is to rule on whether HMRC have handled
When an asset is placed within a trust it is termed as being ‘settled’. However, the tax legislation defines the word ‘settlement’ widely as including
Working from home during the Coronavirus pandemic created a range of tax issues, not least where private bills, such as for internet usage, were paid
Spouses and civil partners benefit from special rules for capital gains tax purposes which allow them to transfer assets between them at a value that
Shared ownership can enable an individual to own a stake in a property where they would not otherwise be able to get on the housing
Furnished holiday lettings have a number of tax advantages compared to standard residential lets, and one of the key ones is the availability of business
The annual investment allowance (AIA) allows you to claim an immediate deduction against your profits for qualifying capital expenditure up to the available limit. The
Making Tax Digital (MTD) is a government programme to move to a digital tax world.HMRC’s stated ambition is to become one of the most digitally
Dividends have their own tax rules and their own rates of tax. The rules and the rates apply in the same way regardless of whether
Last year, the Covid-19 pandemic and national lockdown took Christmas parties (other than virtual ones) off the agenda. This year, they may be a temptation
Childcare costs can be very expensive and any help is welcomed, particularly where you can benefit from that help tax-free. There are various routes by
Although married couples and civil partners are assessed individually for capital gains tax purposes and each has their own annual exempt amount, a special rule
Where inheritance tax is payable on an estate, it must normally be paid by the end of the sixth month after that in which the
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