world news
How much will I take home if I earn 35000 a year?
If your salary is £35,000, then after tax and national insurance you will be left with £27,440. This means that after tax you will take home £2,287 every ...
Category: World News
world news
Can landlords just let themselves in UK?
It’s natural to ask yourself if a landlord can enter without permission in the UK. And the short answer is no. By law, your landlord is not allowed to ent...
world news
What is the threshold for being VAT registered?
£85,000 You must register for VAT if your VAT taxable turnover goes over £85,000 (the ‘threshold’), or you know that it will. Your VAT taxable turnover is...
world news
Do I have to declare ex gratia payments?
Are ex gratia payments taxable? Payments that are made between an employer and employee are normally subject to tax as they will be described as ‘arising ...
world news
Can a company car be offset against corporation tax?
The capital cost of buying the vehicle is offset against your Corporation Tax bill via capital allowances. As this is spread over the life of the vehicle,...
world news
Do you charge VAT on professional services?
A: You can’t charge VAT to your customers unless you’re registered for VAT yourself; that is, you have applied to HMRC to be registered and they’ve accept...
world news
Do you include VAT in turnover?
Is VAT included in turnover. The simple answer here is no, VAT is not included in your company’s turnover. Turnover is commonly referred to as sales, and ...
world news
How do I register as a parent company?
Holding company Registration process Apply for DSC and DIN. Gather the documents required for company registration. File the RUN application. Draft the MO...
world news
Can you claim mileage and motor expenses?
Motor expenses are therefore classed as an “allowable expense” if the mileage is wholly and exclusively for business purposes. It can include travel to a ...
world news
What happens if there are 2 wills UK?
In most cases with conflicting wills, the valid Will is often the most recent one. If there is any issue, the matter might be resolved in what is known as...
world news
How do I register a property with joint names?
An owner who wants to add a co-owner to his property, will have to do so by way of creating a new deed altogether. This new deed must also be registered a...
world news
Has Bill Gates been buying farmland?
Starting in 2012, Gates’ investment firm began buying family farms in South Georgia. Some of that land, including nearly 300 acres, was sold in 2019 to th...
world news
Who are all have to pay double tax?
Economic double taxation occurs if an income or a part of it is taxed twice in the same country, in the hands of two individuals. Alternatively, juridical...
