Mobile phones – a worthwhile benefit
The tax system contains a number of exemptions, some of which are more useful than others. One of the more…
Practical guidance from Makesworth’s chartered accountants to help you make informed financial decisions.
The tax system contains a number of exemptions, some of which are more useful than others. One of the more…
Employers looking to take on new staff may wish to consider employing two or more part-time workers rather than one…
The Employment (Allocation of Tips) Act 2023 sets out a new legal framework for the fair allocation of tips. A…
If you have a spare room in your home, you may consider letting it out to raise some much-needed cash…
The main residence exemption applies for capital gains tax purposes to the extent that a property is used as the…
As the cost-of-living crisis bites, landlords may find that tenants struggle to pay their rent. Where this is the case,…
The personal allowance is set at £12,570 for 2023/24. However, not everyone is able to benefit from the personal allowance.…
A new penalty regime was introduced for VAT from 1 January 2023. The new regime comprises late submission penalties and…
Dividends are a popular and tax-efficient way to extract profits from a personal or family company once a small salary…
Employees often need to incur expenses when undertaking their jobs. The nature of the expense may vary depending on the…
A self-invested personal pension (SIPP) can be an attractive option for saving for retirement and is one that is popular…
If you run your property business from home, you may wish to use simplified expenses to claim relief for associated…
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