Ms Thorne said: “Self-employed workers do not automatically pay into pensions, but contributions to a private pension are free from tax and NI deductions.” In addition, she continued: “Travel costs to see clients, such as fuel, mileage, hotel accommodation, or business rent
Inheritance tax is the most unpopular charge in the UK, because it hits grieving families when they are down. The average bill is on course to top £266,000. Another reason that families loathe this levy is that it is imposed on wealth
Is an Isa protected from inheritance tax? Millions of over-55s unsure of the rules around the tax-free wrapper and passing on wealth A third of over 65s want to pass on their Isa pots to family members Three quarters have never checked
The type of landlords who have been hardest hit by property tax changes have been revealed. Among them are higher rate taxpayers who invest with a big mortgage. Previously, this was the most tax efficient way of investing in buy-to-let, but these
Chuck Schumer is forced to stop his standing ovation as Republicans BOO Biden for attacking Trump’s tax cuts that ‘helped the one percent’: President insists again no one earning over $400,000 will pay more taxes Biden brought up former President Trump’s $2
The Independent Parliamentary Standards Authority said the basic pay for parliamentarians would increase from £81,932 to £84,144 from April 1 2022. The 2.7 percent increase is in line with the average rise in pay for public sector employees last year. It will
Heather Rogers is the founder and owner of Aston Accountancy. Do you ever receive your tax code in the post, look at it and not really understand what it means for your tax position? It’s even more complicated if you have more
Dan Andrews dumps controversial new tax on property developers that would have raised $800million for social housing Premier Dan Andrews axes Victoria’s controversial $800 million housing tax The tax could have funded 1,700 new social and affordable homes each year Tax was
The UK has acted in conjunction with the US and EU to impose crippling sanctions on Moscow as punishment for the attack on its European neighbour. While the measures will have a severe impact of the president Putin regime, the UK’s cost
Advocate for change: Gemma McGough works in the tech sector As Chancellor Rishi Sunak will discover when he tries to push through his hefty hikes, the last thing most of us want to do is pay more tax. A small, but increasingly vocal