education
Why is employer NI deducted from pay?
By law, all employers must pay Employers’ National Insurance Contributions on the salaries paid to their employees. Many contractors ask why they (as empl...
Category: Education
education
Can you allocate rental income to my wife?
It is still possible to declare rental income as belonging to your partner, so as to make use of their personal allowance and marginal tax rates. Can husb...
education
How many homes in the UK are unoccupied?
According to the most recent Government figures released in November 2020, 268,385 homes in England had been empty for at least six months. These are what...
education
Why did Saudi Arabia buy 14000 acres of farmland?
The Middle Eastern kingdom needs hay for its 170,000 cows. So, it’s buying up farmland for the water-chugging crop in the drought-stricken American Southw...
education
Do you pay tax on options trading UK?
It’s a capital gain, unless your trading is qualified as a ‘business’, in which case you’d pay income tax (you’d also be able to deduct trading related ex...
education
How many Brits live outside the UK?
An estimated 5.5m British people live permanently abroad – almost one in 10 of the UK population….Highlights. Country name Resident Britons United States ...
education
How much will my annual bonus be taxed?
22% Federal and state taxes While bonuses are subject to income taxes, they don’t simply get added to your income and taxed at your top marginal tax rate....
education
Can campaign funds be used for housing?
In addition to prohibiting the use of campaign funds and resources for personal purposes, House rules generally restrict their use for official House purp...
education
How long after you start a job do you get benefits?
Certain required benefits, like social security and workers’ compensation, go into effect on an employee’s first day of work. On the other hand, optional ...
education
How long can you sub contract to one company?
The question of how long a contractor can work for the same company has a surprisingly simple answer. There is no maximum time limit. If a contractor and ...
education
Do I pay income tax on entrepreneurs relief?
Business Asset Disposal Relief means you’ll pay tax at 10% on all gains on qualifying assets. Business Asset Disposal Relief was known as Entrepreneurs’ R...
education
Can a Canadian marry a Filipina?
Following the recent update from the Philippine Statistics Authority, Canadian citizens who wish to marry in the Philippines, may prepare an Affidavit to ...
education
Is it normal for my 10 year old to start her period?
Most girls get their first period when they’re around 12. But getting it any time between age 10 and 15 is OK. What happens if you get your period at 10 y...
