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Do You Have to Pay Tax on Equity Release?
Learn how tax accountants can assist with equity release in the UK, including navigating tax implications and optimizing benefits.
PTA
Aug 11, 202417 min read
224 views


How to Appeal Bedroom Tax?
Explore effective strategies for challenging the bedroom tax in the UK, including necessary documentation, expert assistance, and tribunal p
PTA
Aug 6, 202424 min read
309 views


Can Payment in Lieu of Notice Be Tax Free?
Discover the intricacies of taxation on payments in lieu of notice in the UK, covering legal insights, calculation methods, and tax minimiza
PTA
Aug 4, 202424 min read
292 views


What Taxes You May Have to Pay on Selling a Business?
Discover the essential tax considerations for selling a business in the UK, including Capital Gains Tax and VAT implications.
PTA
Jul 28, 202427 min read
81 views


How Does HMRC Know About Cash Gifts?
Discover how HMRC monitors cash gifts for tax purposes, detailing the methods used and implications for UK taxpayers.
PTA
Jul 23, 202422 min read
14,396 views


What is Tax Credits Migration Notice?
create a 20 words Excerpt for the above article “What is tax credits migration notice in the UK?"
PTA
Jul 21, 202438 min read
16 views


PCP Tax Treatment HMRC
Introduction to PCP Tax Treatment Personal Contract Purchase (PCP) is a popular car financing option in the UK, offering flexibility at...
PTA
Jul 14, 202418 min read
7,973 views


Is the Interest On Mortgage Tax Deductible?
Understanding Mortgage Interest Tax Deduction No, as of April 2020, the interest on a mortgage for rental properties in the UK is not...
PTA
Jul 10, 202415 min read
381 views


Are Fixed Rate Bonds Tax free in the UK?
Understanding Fixed Rate Bonds and Tax Implications Fixed rate bonds are a popular savings option for UK savers, offering a predetermined...
PTA
Jul 7, 202413 min read
700 views


What is Creditable Withholding Tax?
Overview and Definition of Creditable Withholding Tax Creditable withholding tax (CWT) in the UK primarily concerns itself with the...
PTA
Jul 2, 202422 min read
73 views


What are the Sole Trader Tax Rates?
Overview of Sole Trader Tax Rates and VAT As a sole trader in the UK, understanding your tax responsibilities for the 2024 tax year is...
PTA
Jun 19, 202412 min read
27 views


What is Full Expensing Regime and How It Works
Understanding the Full Expensing Regime in the UK The Full Expensing regime in the UK, which began on April 1, 2023, represents a pivotal...
PTA
Jun 9, 202424 min read
74 views


Smart Tax Regime
Understanding the Smart Tax Regime in the UK The concept of a "Smart Tax Regime" in the UK revolves around leveraging advanced technology...
PTA
Jun 6, 202416 min read
28 views


Up-Coming Tax Reforms - Higher 20% Rate of National Insurance for Foreign Workers
Upcoming Tax Reforms and Their Impact Understanding the National Insurance System in the UK National Insurance Contributions (NICs) are a...
PTA
Jun 4, 202419 min read
80 views


An Insight into the Upcoming Shift from a Domicile-Based To a Residence-Based Tax System
Overview of the Change In April 2025, the UK will transition from a domicile-based tax system to a residence-based tax regime. This marks...
PTA
Jun 2, 202416 min read
88 views


How Do Non-Domiciled Tax Rules Work?
Introduction to the UK Non-Domiciled Tax Rules The taxation of non-UK domiciled individuals, commonly referred to as "non-doms," is...
PTA
May 31, 202421 min read
196 views


How HMRC Taxes Facebook Marketplace in the UK
Overview of HMRC's Taxation on Facebook Marketplace Sales As of January 2024, the UK's tax regulations have evolved to address the...
PTA
May 15, 202415 min read
1,583 views


The Penalties for Late Tax Returns in the UK
The United Kingdom operates under a complex and multifaceted tax system, overseen by Her Majesty's Revenue and Customs (HMRC), which is...
PTA
May 14, 202440 min read
123 views


What is a Tax Compliance Certificate in the UK?
Introduction to Tax Compliance Certificates A Tax Compliance Certificate in the UK serves as a validation from Her Majesty's Revenue and...
PTA
May 12, 202415 min read
1,875 views


What Is S455 Tax in the UK?
Introduction to Section 455 Tax In the UK, s455 tax, part of the Corporation Tax Act 2010, is designed to prevent tax avoidance through...
PTA
Apr 29, 202415 min read
871 views
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