politics
Is spread betting taxable HMRC?
Spread betting is exempt from tax in the UK and Northern Ireland. This means that spread betting profits can be transferred from your trading account to y...
Category: Politics
politics
How can I make an office room at home?
Tips for Designing an Office at Home Location, Location, Location. Don’t Sacrifice Form for Function. Invest in a Great Chair. Paint the Walls a Color You...
politics
Can tax changes be backdated?
If your change means you are entitled to a lower amount of tax credits, HMRC will backdate the change to when it happened, regardless of when you tell the...
politics
Can you write off the mortgage on a rental property?
If you receive rental income from the rental of a dwelling unit, there are certain rental expenses you may deduct on your tax return. These expenses may i...
politics
Do landlords pay VAT on rent?
If the landlord has ‘opted to tax’ for VAT purposes, then the rental payments will be subject to VAT; otherwise, rental payments are exempt from VAT. If y...
politics
Can you buy a new build buy to let?
Most buy to let lenders won’t allow remortgages until a property has been owned for six months, to ensure that the true value is established. Fortunately ...
politics
Can non residents work in the UK?
The following individuals do not need a visa for the UK, but do still have to prove their right to work before employment can commence: British Citizens (...
politics
Why do HM Revenue and Customs send letters?
You may receive a letter from HMRC asking you to contact us about your repayment claim. We may ask you to provide extra information. This allows us to che...
politics
What advice would you give to someone in debt?
Seven steps you can take to help someone you care about when they struggle with debt: Recognize signs of burdensome debt. Identify the emotional relations...
politics
How do you negotiate a compromise agreement?
To negotiate a settlement agreement, you need to strike the balance between the carrot and the stick. Offer something to your employer, in terms of the co...
politics
How long can a non resident stay in England?
183 days Expats can become non resident in the UK by living for 183 days or more in another country as a tax resident there. This is known as the 183 day ...
politics
Is Jersey a resident of UK tax?
Thus the Jersey companies were UK tax resident. As reported in the Tax Talks on 19 June 2019, the UT overturned the FTT’s decision, ruling that the Jersey...
politics
Do you charge VAT to foreign customers?
VAT is a tax on goods used in the UK and you do not charge VAT if goods are exported from: Great Britain to a destination outside the UK. Northern Ireland...
