The favourable tax treatment previously given to furnished holiday lets (FHLs) will be abolished from 1 April 2025 for Corporation Tax and 6 April 2025 for Income Tax. Going forwards, income from a FHL will be treated in line with all other property income, in a bid to promote fairness and align tax rules between […]
Abolition of the furnished holiday lettings tax regime Read More »
Rumours are rife that Capital Gains Tax rates could be changed to help foot the bill for the emergency financial measures brought in during the COVID-19 pandemic.
Is a Wealth Tax on the Way that Could Spell Bad News for Investors and Entrepreneurs? Read More »
Now we are well into another tax year, thousands of people are now doing the dreaded task of completing their Self Assessment tax returns.
Tips on How to Complete Your Tax Return Read More »
With the festive season approaching you may be thinking about treating your employees to a Christmas party and/or gift and need to know the tax implications of these. The good news is that these can be exempt from tax and National Insurance for the employee and also tax deductible in the company as long as
Can You Treat Your Staff? Read More »
