business
When you leave a job do you get a P60 or P45?
Since 1 January 2019, your employer no longer has to give you a form P45 when you leave a job. Instead, they enter your leaving date when submitting detai...
Category: Business
business
What age do you have to stop driving HGV?
Once you reach the age of 70, your licence expires, but this doesn’t automatically mean you have to stop driving. You just need to renew your driving lice...
business
How long does it take to file accounts at Companies House?
Overview Action Deadline File annual accounts with Companies House 9 months after your company’s financial year ends Pay Corporation Tax or tell HMRC that...
business
What are the steps for renting a house?
Complete an application. If you’ve inspected a property and you’d like to rent it, you need to complete an application. Pay a deposit. Set a start date. S...
business
How can I avoid IHT on buy to let?
How to Reduce Inheritance Tax on Buy-to-Let Properties. One option is to sell these properties before you die to reduce your IHT liability; however, you w...
business
What is foreign exchange trade?
Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro. Foreign exchange transa...
business
How do they estimate council tax?
Council tax bands are calculated using the value of the property you live in as it would have been at a certain point in time. Then, based on the value, t...
business
Do you pay tax on pension receipts?
Do you pay tax on your pension? The short answer is that income from pensions is taxed like any other kind of income. You have a personal allowance (£12,5...
business
Does fostering affect carers allowance?
Being a foster parent can affect your benefits. You may also be able to claim Carer’s Allowance if your foster child gets Disability Living Allowance or P...
business
How do I sell rights issue shares?
The shareholders not willing to subscribe to their rights issue can sell their rights in the open market through the rights entitlement trading platform o...
business
Is a personal trainer a sole trader?
Many fitness instructors and personal trainers are sole traders. However, if you are earning over a certain amount, or if you want to present a more profe...
business
Can rental agreement be for 2 years?
According to the Registration Act, 1908, lease agreement registration is mandatory if the leasing period is 12 months or more than that. If a rent agreeme...
business
How much can you deduct for mileage self-employed?
The mileage tax deduction rules generally allow you to claim $0.575 per mile in 2020 if you are self-employed. Can a sole trader claim mileage? Business m...
