Looking to sell a property? Don’t get caught in a tax trap, warns TWP
Every year thousands of people sell second homes and investment properties without realising that they could owe a considerable amount of tax […]
Month: August 2022
Should the pension rules change to support hardship?
The current state of the global economy and rapidly rising inflation in the UK means that many savers are experiencing a period […]
The rise of the DIY drawdown
According to the latest product sales data provided by the Financial Conduct Authority (FCA), there is a growing number of retirees who […]
Could savers lose out if inflation keeps rising?
The current high levels of inflation are having a wide range of effects on our financial lives, not least on our savings. […]
Proposed Changes To CGT On Separation
In response to a recommendation by the Office of Tax Simplification the Government have introduced draft legislation for inclusion in Finance Bill […]
Advisory Fuel Rate For Company Cars
The figures in the table below are the HMRC suggested reimbursement rates for employees’ private mileage using their company car from 1 […]
Self-Employed Need To Plan For Big Tax Bills In 2023/24
The changes to the basis of assessment of self-employed profits are scheduled to change from 6 April 2024. The new rules mean […]
Interaction With Childcare Voucher Schemes
Tax-free childcare accounts will gradually replace childcare voucher schemes as no new schemes could be set up after 4 October 2018. Those […]
Back To School – Childcare Vouchers or Tax-Free Childcare Account?
There continues to be poor take-up of the Government’s Tax-Free Childcare Accounts which provide a 25% subsidy towards the cost of childcare. […]
Back to Basics on Business Mileage
Ask anyone who either uses their vehicle for business reasons, or puts fuel in a company car, and you will soon realise […]
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