See which countries offer home allowance stipends and the the criteria needed to receive them and other considerations
If you are a sole trader, or in a partnership where none of the partners are limited companies, you can claim a flat rate allowance per month for your light, heat and power. You'll still need to do the calculations for any other costs you want to claim. The flat rate allowance is s...
Why has HMRC slashed our tax-free allowances? By Michele Lucato •Posted on October 30, 2024 What a capital gains tax hike could mean for your buy-to-let By Michele Lucato •Posted on October 23, 2024 Areas to invest in – that aren’t shares ...
If you’ve got a spare room, let it out. Under the Government’s ‘Rent A Room’ scheme, you can make up to £7,500 a year tax free. And that’s on top of your ‘tax free’ personal allowance of £12,570. You can advertise on sites like SpareRoom and Roommates UK. ...
Want to know how much of your pay packet you get to keep after income tax and national insurance? Simply put a few details into the salary calculator below to find out if you are an employee working in England, Wales and Northern Ireland. ...
If you do, then you will need to treat that income as being on top of your profits when working out the tax on that income, though any tax already suffered on that income can be deducted. Good luckpaying yourself as a freelancerand enjoy that take-home pay!
Running a business from home already cuts costs considerably compared to setting up a full office, store, or other commercial site. However, for any small business, especially in the early stages, it’s prudent to pay attention to the details. All too often, new business owners overlook the...