Rent Covered By Rent A Room Relief
For many property owners, the rental income will be tax-free if it is within the £7,500 rent a room relief…
Clear, practical guidance on UK tax for individuals, landlords and businesses, covering everyday obligations, planning opportunities and important deadlines.
Recent articles from this topic and all its specialist areas.
For many property owners, the rental income will be tax-free if it is within the £7,500 rent a room relief…
Those taxpayers who may have difficulty paying the tax due under self-assessment on 31 January 2021 can agree more time…
The rent-a-room scheme allows those with a spare room in their home to let it out furnished and to receive…
Furnished holiday lets benefit from a number of tax advantages which are not available to landlords of residential lets. One…
The delayed extension to the off-payroll working rules will come into effect from 6 April 2021. Under the extended rules,…
Where a family company has cash in the bank but profits have been adversely affected by the pandemic, directors of…
At the start of the pandemic, VAT registered businesses were given the option of deferring payment of ant VAT that…
Over the past ten years, various steps have been taken to improve the effectiveness of the off-payroll (IR35) rules, with…
An income tax charge will generally arise where an employee, or a family member, is able to use a work’s…
From 1 January 2021 you’ll need an EORI number to move goods between the UK and the EU. You can…
From 1 January 2021, there will be changes to how you export and declare excise goods (alcohol, tobacco and certain…
From 1 January 2021, you will need to make customs declarations when exporting goods to the EU. These rules currently…
Book a free initial consultation with Makesworth’s chartered accountants.
Book a consultation 020 7993 8850