business
Who qualifies for free disabled car tax?
You can apply for exemption from paying vehicle tax if you get the: higher rate mobility component of Disability Living Allowance ( DLA ) enhanced rate mo...
Category: Business
business
How long does it take to show tax?
The answer is usually somewhere between 5 days and 8 weeks, depending on a number of factors including the system involved (for example by PAYE or Self As...
business
Do you have to pay tax on statutory maternity pay?
SMP is paid in the same way as your wages (for example monthly or weekly). Tax and National Insurance will be deducted. Use the maternity pay calculator t...
business
Are training courses a taxable benefit?
Generally speaking, work-related training, together with any incidental benefit alongside the training, is tax-free when paid for by your company. If the ...
business
Can we sell gifted shares?
A gift from a relative is exempt and thus it would be exempt for your brother. When your brother will sell the shares, capital gains would arise. If the m...
business
Why am I suddenly getting a lot of spam emails?
If you start receiving an increased amount of spam, with junk mail filters enabled, then there might be a problem with the mailbox that your spam emails a...
business
What is the income threshold for self-assessment?
You can find out more on GOV.UK; You have income from savings and investments of £10,000 or more before tax; You have annual income of £100,000 or more be...
business
How do you calculate overlap relief?
How to calculate the overlap relief the number of days in the overlap period(s) to which the overlap profits relate; and. the number of days by which the ...
business
Do new companies pay VAT?
HMRC has been paperless since 2012 (largely), which means that after applying, all newly registered businesses must submit their VAT returns electronicall...
business
How do I claim an inheritance in Spain?
To claim or handle someone’s Spanish estate if they died without a will, you must apply for a grant of probate. EU citizens can generally apply for such a...
business
Why should I register my business for VAT?
The key benefits of being VAT registered include: Increased cashflow – better cashflow is the one big benefit of being VAT registered. Once registered, yo...
business
What was the first of many new taxes that angered colonists?
The British further angered American colonists with the Quartering Act, which required the colonies to provide barracks and supplies to British troops. St...
business
What is the difference between alternative minimum tax and minimum alternative tax?
Minimum Alternate Tax (MAT) and Alternate Minimum Tax (AMT) are provisions introduced in the Income Tax legislation to ensure that taxpayers who avail of ...
