Tax relief for pre-trading expenses
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
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
A full state pension is payable to people who have 35 qualifying years. Individuals who have less than 35 qualifying years, but at least 10 qualifying years are…
Date posted: 5th Jan 2022
Unfortunately a common scenario for landlords, but there are times when a residential property does not have a tenant. This could be periods when the property is empty,…
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…
Date posted: 16th Dec 2021
As a reminder, the sale of a residential property that produces a tax charge (e.g. buy to let property sale, second home, inherited property etc) needs to be…
Date posted: 16th Dec 2021
We receive many calls from clients asking whether a letter they have received from HMRC is correct. This could be a change in PAYE code, a refund notice…
Date posted: 15th Dec 2021
If you are self-employed and you received Covid-19 support payments during the pandemic, you will need to report these on your Tax Return. If you are an employee…
Date posted: 15th Dec 2021
Given the ongoing shortage of employees that appears to be facing every sector in every industry, there can be a temptation to simply gift shares in the employing…
