Date posted: 24th May 2022
Cryptocurrencies, such as Bitcoin, are a type of electronic cash; designed to stand apart from any government or bank they work through a computer network. Records confirming Individual ownership of the…
Date posted: 28th Apr 2022
Private residence relief reduces a tax charge from arising if there is a capital gain when a person sells a property that has been their only or main…
Date posted: 28th Apr 2022
Employers who provided their employees with taxable expenses and benefits in 2021/22 need to report these to HMRC by 6 July 2022, unless they have been payrolled or…
Date posted: 28th Apr 2022
As people are taxed individually, property income must be allocated, to each individual, in order to work out the tax that each joint owner is liable to pay….
Date posted: 17th Mar 2022
One of the sectors hit most by COVID-19, was the travel and tourism sector. In particular, Furnished Holiday Let (FHL) businesses were required to shut for a large…
Date posted: 15th Mar 2022
Salary sacrifice schemes are popular schemes but there advantages have been reduced by HMRC over the years. One of the most popular areas of salary sacrifice arrangements relate…
Date posted: 5th Jan 2022
There is a lot of preparation involved in setting up a business, and costs will be incurred, which may be substantial. Before it is able to start trading,…
Date posted: 5th Jan 2022
All individuals are entitled to an annual exempt amount for capital gains tax purposes. Net gains (chargeable gains less allowable losses) for the tax year are free of…
Date posted: 5th Jan 2022
The January self-assessment payment deadline is not well timed, falling as it does in a month when people may be already struggling to pay their Christmas credit card…
Date posted: 5th Jan 2022
As the clock struck midnight on 31 December 2021, attention may have turned to your plans for 2022 – booking holidays, seeing friends or getting back to the…
