Your Tax Return Expert
What property can qualify for rent-a-room relief ? In order to qualify for rent-a-room relief the following has to be apply: Property has to be in the state Property must be your home for the greater part of your time and where your friends and family would expect to find you Property address must be
Country money Alot of employees in the building sector are often required to travel to work at different sites around the country. Expenses of travel and subsistence know as “country money” may be paid tax free to a site-based employee This allowance is only available where the employee is working at a site that is
How to work out how much CGT do you pay ? You must file a return if you have disposed of an asset such as shares,land etc, even if there is no tax due. CGT (captital gains tax) is only applied to the ‘chargeable gain’, not the whole amount you receive. The chargeable gain of