by yasiradnan94 | Jun 6, 2019 | Accounting, Advice, FAQs, Landlords, News, Property, Tax planning
Find out how you can reclaim the extra Stamp Duty Land Tax you have paid. HIGHER RATE SDLT The higher rate of stamp duty land tax (SDLT), which was introduced in April 2016, applies where you buy a residential home and you already own at least one. This extra SDLT...
by yasiradnan94 | May 14, 2019 | Advice, Business, FAQs, News, Tax planning, VAT
Is an injury impacting your ability to work? Read on to find out whether the costs of medical procedures are taxable benefits. Injury costing ability to work An employee working for a company suffers from a severe back problem making working impossible. Private...
by yasiradnan94 | May 9, 2019 | Accounting, Advice, Bookkeeping, FAQs, Landlords, News, Property, Small Businesses, Tax planning
From April 2019 there has been a significant restriction to rent-a-room relief. Read on to find out more. In 2018 the Chancellor announced a significant restriction to rent-a-room relief with effect from 6 April 2019. It would only be allowed where you occupy your...
by yasiradnan94 | Apr 30, 2019 | Accounting, Advice, Business, Contractors, FAQs, News, Small Businesses
New rules for payslips were introduced from the 6th April 2019. There are two specific main changes being implemented. Read on to find out more on how these new rules may impact you. New rules for payslips took effect on 6 April 2019. There are two main changes. As...
by yasiradnan94 | Apr 24, 2019 | Advice, Business, FAQs, Landlords, News, Small Businesses, Tax planning
HMRC launched the “Connect” system to achieve their aim of becoming the leading tax collector in the world. Read on to find out more. Back in 2017 HMRC launched a system called “Connect” costing millions of pounds of investment. The system is doing what it...
by yasiradnan94 | Apr 9, 2019 | Accounting, Advice, Business, Financial planning, Landlords, News
If you are reading this as a residential landlord you’ll be acutely aware that HMRC is reducing tax relief on interest you pay on loans used to buy properties to let. Transferring a let property to a company is one way to avoid the reduction of tax relief as the...