Use the short-life asset election to maximise the capital allowances available on the purchases of plant and machinery.
How do i claim rent room exemption on my self assessment form online. I rent a house and a room in my flat.
I have a property i lived in with my mother for 10 years. I have since left the house and currently letting a property with my husband for 15 years. My mother still lives there.
I run a small online e-commerce site for items I manufacture myself. Can I offset the cost of the online store against my tax?
When using HMRC online filing, where (if at all) will a redundancy payment be disclosed? It is well under £30k and not taxable as it was non-contractual etc.
Is contribution to US pension IRA tax deductible if i have 401k and im a UK resident receiving US salary. I have asked HMRC but they dont seem to provide concise answer.
I have a client who is Director with no income other than reimbursements for company costs.
Hope someone can help.
Had a shock today and learnt that my business could of claimed "Goodwill" when I went limited. I was a sole trader for around 20 years.
- Budget 2010: At-a-glance guide 18,992 9
- Monthly dividend payments to director - sole shareholder 13,277 6
- Accountants' IR35 knowledge ‘worryingly vague’ 12,421 15
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- Marginal Rate of Tax 11,914 5