lifestyle
What is an incapacity pension?
Incapacity Benefit is money for people who cannot work because they are sick or disabled. You cannot make a new claim for Incapacity Benefit. This is beca...
Category: Lifestyle
lifestyle
Is the personal tax allowance changing in 2020?
Background to the measure The government has an objective to raise the Personal Allowance to £12,500, and the higher rate threshold to £50,000 by 2020 to ...
lifestyle
Do you get full State Pension if you have a private pension?
Does my private pension affect my State Pension? As your State Pension is calculated on the amount you have worked throughout your life and not through yo...
lifestyle
What is the formula to calculate a used car value?
Basically the Formula Works like this: Find the original On the Road Price of the Car. Find the Residual Value after 10 years of usage. Calculate the per ...
lifestyle
What creates a Discretionary Trust?
A Discretionary Trust is a form of trust which can be set up by an individual or couple (the settlor or settlors). Two or more trustees manage the assets ...
lifestyle
What is Revenue Hits?
RevenueHits help publishers to generate more revenues with state of the art Contextual & Geo-targeted Ad Serving technology. Our innovative Ad Network...
lifestyle
What is the top rate of capital gains tax in the UK?
Capital Gains Tax rates in the UK for 2021/22 10% (18% for residential property) for your entire capital gain if your overall annual income is below £50,2...
lifestyle
Are mobile phones VAT exempt?
If your business buys its employees mobile phones for business use, you can reclaim all of the VAT even if you allow private use. You can also reclaim all...
lifestyle
Is a tax reference number the same as a national insurance number?
The NINO can be quoted as the tax reference number on some official documents from HM Revenue and Customs. Both the UTR and NINO are personal and private ...
lifestyle
Why would a private business want to move their business to Australia?
Many companies have decided to relocate their operations to Australia due to the stability and wealth of opportunities that are there. This is also true f...
lifestyle
How far back can HMRC investigate VAT?
4 years How many years can HMRC go back into an investigation? Once an enquiry has been opened into your tax affairs, the HMRC have 4 years from the end o...
lifestyle
Can driving instructors do lessons in your own car?
You can also get your instructor to teach you in your own car. Have them meet you at your house and set off for the lesson in your car instead of theirs. ...
lifestyle
Can you trade forex while working full-time?
Part-time forex trading can be a successful way to supplement your income. There are enough hours in the day to trade in this potentially profitable marke...
