Reference: ACCA Global Claiming business expenses on the 2017-18 tax return A recap on what can/cannot be claimed. In general, an expense incurred wholly and exclusively for the purposes of the trade can be claimed while...
Read MoreReference: ACCA Global Useful tax elections and claims for 2017-18 A timely reminder heading into self assessment season. Main residence nomination s222 (5a) Taxation of Chargeable Gains Act 1992 (TCGA 1992) Taxpayers with two...
Read MoreReference: ACCA Global Tax deductible expenses to include on a landlord’s tax return Factors to consider when calculating rental expenses. Generally, when calculating rental business profits, expenses will be treated as revenue...
Read MoreIt always nice to get January out of the way, seeing the mornings getting lighter and slightly longer evenings. But before you get carried away with the promise of Spring, get your self-assessment tax done and dusted! You must...
Read MoreIf you are in the process of setting up a limited company or you are already the owner of an incorporated business, you’ve probably come across the (somewhat grandiose) term “Memorandum and Articles of Association”. But what...
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