Tax Tips
I have a spare room in my house and I have considered letting this out. I've noticed that an annual rent of less than £4,250 is tax exempt. Is this correct?
How will the reform of the capital allowances regime in April 2008 impact the tax relief available to my business?
A part time member of staff has informed me that she is expecting her first child. As she is only working for me part time is she entitled to maternity pay and leave?
I recently filed my 2006/07 tax return close to the 31st January deadline, and noticed I had not included an allowable subscription I paid to my professional institute. As I am a Higher Rate tax payer this should give me some additional tax relief. How sh
As usual, I left filing my Self Assessment Tax Return to the last minute. As I normally file online I did not think this would be a problem, however due to problems encountered on the HMRC website I was not able to file on time. I was finally able to fi
I received my 2008/09 Tax coding Notice from the Inland Revenue. How can I check this to make sure I am being taxed correctly through PAYE?
I own a site of land which I acquired in April 1982 and have been told because of the changes in capital gains tax I should transfer ownership of this asset to my wife in order to preserve allowances that lower tax. What allowances are these and how woul
My son is going to build a new home for his family on one of my fields which I have been farming for the last 20 years. I am going to gift this half acre over to him this month but I’ve been told that this could trigger tax charges. Am I going to have a
I am going to invest in new machinery, updated computer equipment and new office furniture for my small business. Am I entitled to any UK tax relief on this expenditure?
I am a local businessman and I am looking to purchase a company car for my son who is my employee. What tax reliefs are available to the company if any for purchasing a company vehicle?
