world news
What happens if you live in your own buy to let?
Although it’s not illegal to live in your own buy-to-let property, if you do live in it you will be in breach of your lender’s terms and conditions. If yo...
Category: World News
world news
How do you respond to a letter received?
State that you’re responding to the original letter. This tells the reader that their letter was received and processed, and also lets them know the purpo...
world news
Is Randstad a good company to work for?
Highly recommended. My experience through Randstad has been so easy and amazing. Rawan was so easy to deal with, friendly and put my fears at bay. From th...
world news
What percentage of tax charged exceeds rupees 50 lacs onwards?
Case 1: Where the total income* is more than Rs. 50 Lakhs but does not exceed Rs. 1 crore, the taxpayers have to pay a surcharge at the rate of 10% on the...
world news
Can I take all my pension in one lump sum?
You could take your whole pension pot as one lump sum. But 75% of it will be taxed in the same way as other income like your salary. So by taking it all i...
world news
Does capital gains tax apply to foreigners?
Nonresident aliens are subject to no U.S. capital gains tax, but capital gains taxes will likely be paid in your country of origin. Nonresident aliens are...
world news
Can you deduct mortgage interest on a rental property?
As of April 2020, you are no longer able to deduct any of your mortgage expenses from rental income to reduce your tax bill. Instead, you’ll receive a tax...
world news
Is land used in farming a capital asset?
Land, machinery, livestock, and other assets used in farming are business property, while the farm residence is non-business property. Gains and losses ma...
world news
What is a back to back property transaction?
Back to back is a term used to describe the selling or remortgage of a property immediately or soon after completing the purchase. Investors buy a propert...
world news
Can a buyer pull out between exchange and completion?
Can you pull out after contracts exchange? The first thing to say is that either party pulling out after exchange is extremely rare. At the point of excha...
world news
Does rent from family count as income?
Generally speaking, payments from a family member for board or lodging are considered to be domestic arrangements and are not rental income. In these situ...
world news
How do you plan a house to sell and move?
The Go-To Guide to Selling Your Home and Moving Find the right real estate agent. Make a plan to prepare your house for sale. Decide what to fix and what ...
world news
Is redundancy pay a statutory right?
You will be entitled to statutory redundancy pay if your employer doesn’t renew your fixed-term contract because the job doesn’t exist any more and you ha...
