The current regime of Furnished Holiday Lettings (FHL) may be about to change as HMRC are consulting on new legislation to replace FHL.
Currently, tax rules allow for holiday lettings to be traded as a “quazi trade” with a number …
On July 20, the much heralded Office of Tax Simplification was launched. Its remit is to provide independent advice to the government on simplifying the UK tax system. It will be comprised of experts from across the tax and legal …
Evidence is growing that the Revenue and Customs have spent much of the last two years retraining and reworking the relatively newly established partnership between the tax inspectors (properly trained and usually astute individuals) and their new found but generally …
National Health Service and National Insurance issues discussed:
It needn’t take the recent emergence of the swine flu pandemic to make us all realise the importance of a robust and dependable National Health Service. Even those who pay the exorbitant …
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Becoming a Ltd company is something that many small businesses consider but some people are scared off by the seemingly ending list of obligations and regulations that come with corporation.
Whilst there are several aspects which differentiate Ltd Companies from …
April is of course the month that heralds the new tax year. Along with the submission of year-ends and the distribution of P60’s there’s also new tax-free allowances.
All workers in Britain can now earn £5435 a year without paying …