My income tax liability each year is minimal since income is little more than the state pension. However this year I have sold a property and have paid capital gains tax. If I make a gift to charity before the end of this tax year, can the charity claim an uplift ... Continue Reading
Hello I have given in my notice in my current company and will shortly be going on gardening leave. I have 4 weeks left of my notice period. My employer has confirmed that I am free to start another role during this period. I have another role lined up and want ... Continue Reading
hi anyone advise me i sent my tax return off which has been flagged for whatever unknow reason is there a way to know what caused the enquiry ? 2ndly i have a til and card machine seperate when i handed my accountant the end of year figures the til reading i ... Continue Reading
The conversion work was done in 2016, which was when the building was split into three flats. All the enhancement expenditure was on the two first floor flats, which prior were four letting rooms in the guest house business which ceased 1 April 2016. I have split ... Continue Reading
Hi, I'm filing an annual corporation tax return for a micro entity company. Using web filing via the govt gateway. You get the option to only file the Balance Sheet to Companies House, and forgo 1) the Directors Report and 2) the Profit & Loss. All 3 get ... Continue Reading
I’m hoping someone can advise please. My salary is just under £100K. I’ve found out that my company may be paying two bonuses this year. One in July and one in August. If paid this could be up to £35k. It could also be much less. At the moment my tax code ... Continue Reading
Hello, I understand that profits from spread betting are generally exempt from tax in the UK. My question is that if someone other than myself acting for me makes profits for me through spread betting am I then liable for tax on any profits ? Thanks Continue Reading
Good morning everyone, I'm looking to transfer my residence to a limited company. Is there any possibility to have private residence relief on the CGT or possibly defer it? Any advice or guidance would be appreciated. Thanks Continue Reading
