Submit your tax return by 30 December to have your tax collected through PAYE
Although the deadline for submitting your 2022/23 tax return online is midnight on 31 January 2024, if you owe tax and you want to have
Although the deadline for submitting your 2022/23 tax return online is midnight on 31 January 2024, if you owe tax and you want to have
The property allowance is a useful allowance that allows you to earn property income of up to £1,000 tax-free each tax year. If your income
If you incur expenses in doing your job, you may be able to claim tax relief. While the rules governing the availability of relief are
The Annual Tax on Enveloped Dwellings (ATED) is an annual tax payable on residential property valued at more than £500,000 which is held by a
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
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
HMRC can issue a determination when a taxpayer has failed to submit a tax return. The determination is HMRC’s formal calculation of tax that it
Legal and professional fees – Capital or revenue? At some point, a landlord is likely to incur legal and professional fees in connection with the
Property partnerships A person may own a property jointly that is let out as part of a partnership business. This may arise if the person
The deadline for filing the 2017/18 self-assessment tax return of 31 January 2019 has now passed. You filed your return on time and paid the
Copyright © 2023 Pro-Taxman. All rights Reserved.