Blog

15 Feb 2019

Inheritance tax

While the rising prices of property is making it difficult for the first-time buyers, it is actually increasing the growing wealth of the individuals who have already invested in property.

11 Feb 2019

The Changes in the Pension Contributions and what you need to know as an Employer

From 6 April 2019, there will be an increase in the pension contribution again, this is a good news for the employees as the employees will be getting even more out of their workplace pensions.

11 Feb 2019

Property partnership Incorporation

Following the changes made in 2016 of the 3% Stamp Duty Land Tax surcharges for people buying second homes and buy to let properties, followed by the introduction from 6 April 2017 of a limit to tax relief available to mortgage interest on letting residential property, the landlords are not considering themselves in a very favorable position.

18 Dec 2018

Entrepreneur's Relief and the Brexit

Many see Brexit as a disaster, some of the small businesses owners were fearing the Brexit so much that they were even considering selling the businesses.

18 Dec 2018

How am I taxed if I am selling on Amazon?

Amazon encourages many individuals to sell their products through their website. If you are thinking of selling your products and need excess to the worldwide market, Amazon is the perfect opportunity for you.

10 Dec 2018

Simple assessment – putting an end to Self Assessment

HMRC is revolutionising the whole tax system by its initiative of MTD. This is even expected to bring an end to the self-assessment.

10 Dec 2018

MTD - Are small businesses worried?

The small business owners seem to be stressed about the implementation of MTD.

28 Nov 2018

Uber Driver and Self Assessment

A lot of new immigrants, students and other people who are looking to make some extra money are taking up Uber as a source of additional income.

16 Nov 2018

Donating and saving money

In December, the month of celebration people start to donate generously. While December is the month of spending, January is the month of cutting back.

08 Nov 2018

CIS - What do I need to know as a subcontractor?

CIS is a tax deduction scheme which involves tax deducted at source from payments which relate to the construction work.

01 Nov 2018

Paying Rental Income Tax

The deadline for submitting your self-assessment is approaching. Tax should be submitted by end of Jan if you do it online, if you are doing paper returns it is end of October.

23 Oct 2018

IFRS 16 and the Telecommunication Industry

The PwC Global Lease Capitalisation study published in February 2016 indicated that there would be a median debt increase of 21% for Communications companies (due to the recognition of lease liabilities).

Please see the Taxaccolega Ltd blog archive.