Posts by Kate
Work from Home Expenses for Limited Company Directors
Working from home appeals to many, and the number of people doing so has grown significantly since the pandemic. As a company director, you need to decide if this works for you – read on to find out more about the expenses you can claim, as well as the tax implications. What Can My Limited…
Read MoreEmergency Mini-Budget 2022 – Key Highlights
This morning (Friday 23rd September), Chancellor Kwarteng unveiled his ambitious new “Growth Plan” to tackle inflation, support businesses, and help households. He’s aiming for a 2.5% trend of growth, and key highlights are: Corporation Tax remains at 19%, with the planned rise cancelled Basic rate Income Tax will be cut to 19% in April 2023…
Read More1 in 5 Landlords to Sell Buy-to-Let Property – Find Out How
Rising mortgages and falling property prices are set to push up to 20% of landlords into selling their buy-to-lets – especially smaller landlords with only one or two properties. The cost-of-living crisis is also making repairs and maintenance fees unaffordable, increasing insurance premiums, and casting doubt on whether tenants will be able to pay rent.…
Read MoreHave You Registered Your Trust with HMRC?
The 1st September 2022 deadline for Trust registration has been and gone – and only 61,700 of one million non-taxable UK trusts had registered in the first six months of 2022. Those who failed to register could face penalties of up to £5,000. These figures suggest that many trustees are still unaware of their obligations…
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