Tax and Business
Models (674)
Compensation claim letterIf HMRC makes a mistake or is responsible for an unreasonable delay in dealing with your tax affairs, you can claim compensention for costs you incur as a result and for any distress caused.Costs and compensationIf you have... Read more
16 Nov 2022
Property allowance claim for partial reliefThe property allowance is a fixed tax deduction for individuals that is given against income derived from land and buildings (property). It applies automatically if the qualifying income received in a t... Read more
16 Nov 2022
Trading allowance election to disapply reliefThe trading allowance is a fixed tax deduction given automatically against miscellaneous or trading income if it does not exceed £1,000 in total in a tax year. There can be circumstances where it is... Read more
16 Nov 2022
Trading allowance claim for partial reliefThe trading allowance is a fixed tax deduction given automatically against miscellaneous or trading income if it is no more than £1,000 in total during the tax year. Where income exceeds £1,000, the t... Read more
16 Nov 2022
Agreement to sever joint tenancy for married couples and civil partnersEach joint owner of a property is generally entitled to propertionate share any income or capital derived from the property and taxed accordingly, e.g. if there are four joint own... Read more
03 Nov 2022
Self-assessment checklistThe tax return filing deadline is 31 January following the end of each tax year. Use our checklist to reduce the chances of making any errors.Tax returnsSelf-assessment is the current method of reporting your income and capit... Read more
01 Nov 2022
Certificate of annual interest and tax deductedIf your company pays annual interest to an individual it must deduct income tax first and provide a corresponding certificate. certificateInterest is annual if it relates to a debt capable of lasting for... Read more
01 Nov 2022
Business planA business plan is a written description of the future of your business. It's a document that tells the story of what you plan to do and how you plan to do it. There are some generally accepted conventions about what a full-blown busine... Read more
26 Oct 2022
Electronic signaturesThe ability to sign documents electronically is essential to the smooth-running of many businesses. Use our guide to ensure that your contracts are validly executed.The legal positionThe Law Commission has cleared up the confusio... Read more
11 Oct 2022
Flow chart - new employee tax code procedure Notifying HMRC of a new employee and establishing the correct tax code to use against their pay is an important part of the general admin and paperwork required when you take on a new worker. If you don't f... Read more
24 Sep 2022
