Tax on Second Property: Get to Know Your Tax Implications [New]
Contents Second homes are taxed depending on whether you bought, sold, rent out for profits, and other factors. When do you pay tax on second
Contents Second homes are taxed depending on whether you bought, sold, rent out for profits, and other factors. When do you pay tax on second
Contents If you’re one of the departing employees made ‘redundant’ by your employer, you may be entitled to redundancy pay. One of the most popular
On 29 July 2024, the UK government announced a draft legislation on removing private school’s VAT exemption status, alongside business rates, effective in January 2025.
Contents With the rising cost of living in the UK, taking second jobs may be a necessity for some to make ends meet. If you
Contents Businesses in a tight financial situation may qualify for Entrepreneurs’ Relief 2024, which can help them substantially save on their CGT when disposing of
Contents If your tax affairs become too complex for you to handle, they may be best left to experts. How to find tax advisor may
Contents Under the Pay as You Earn (PAYE) system, employee pay is taxed at source. But what happens when your payslip shows no tax deductions?
Contents If you are new to self-employment, you need to inform HMRC first thing so that you get taxed accordingly. Below, we cover how to
Contents Tax is a major consideration if you want to keep more of your hard-earned wealth. This is efficiently done with tax planning. Tax saving
Contents Even if there is no tax to pay, a filing deadline missed will automatically mean a late tax return penalty. If you are due
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Contents With the growth of the gig economy, an increasing number of people are balancing full-time employment with part time side hustles. This guide will
Contents Most supplies and services are charged the standard VAT rate (20%). If you work in the construction sector, your client may qualify for VAT
Contents Is a redundancy payment tax free? Whether you are made redundant by your employer or volunteered for it, this guide will give you clarity,
Contents Learn about the tax threshold 2024 UK in this guide, from your primary taxes to others you may deal with at some point. We
A mortgage construct specifically catering to self-employed individuals in CIS, informally called CIS mortgages, allows the latter to present fewer bank statements and gross income for affordability assessment.
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The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
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