Working from home is becoming more and more popular. After all, when you're just starting up in business, why take on the cost of having an office? And working from home makes it much easier to fitrunning your businessaround family commitments. But are there any tax reliefs available when...
Mileage allowance As a self-employed person, you can add up all your motor expenses for the year and work out the separate business element of the total cost. However, keeping track and working this out takes time and effort. Instead,you can claim mileage allowance, a simplified expense that...
Currently working from home, office access available if necessary, longer term flexible working options Onsite free parking Benefits Flexible work time options, benefits and services, childcare offers, medical services, employee discounts, various sports and health opportunities, on-site parking, catering ...
To help out,Don't Mess With Taxeshas gathered some common tax terms and phrases and their plain English meanings in this Tax Glossary (and the Tax Glossary's precursor, amini tax dictionary, if you will, that was a blog post back in 2007). Yes, I've been working on this for a while!
Home office deductions:No matter if you run your own business from home or work for someone else, there are qualified home office tax deductions that you can claim when you use any portion of your residence in connection with a trade or business. ...
Work from Home Office With technology, more and more people are embracing the work from home model. Other than the convenience of not transiting from place to place, you can also benefit from certain tax advantages. You will need to prove that you work from home, which should not be too ...
33/2020 regarding certain fiscal measures in relation to allowances granted for the year 2020 towards taxpayers subject to corporate income tax. Tax & Legal Weekly Alert | 11 September 2020 The publishing in the Official Gazette of the Emergency Ordinance for granting days off for parents in ...
Working from home - allowances for the self-employed (updated for 21/22) Self-employed guide to claiming allowances for working at home Sun, 05 Dec 2021 Self-Employed Expenses made Simple This guide explains what expenses can be used to reduce your tax bill. There may be a few you had...
Mei Lim Cooper looks at some of the useful changes made by Finance (No. 2) Act 2023 to simplify the rules for trusts and estates. Most of the measures take effect from 6 April 2024. Looking for support? Faculty exclusive TAXconnect ...
Practical guidance, commentary and support on the taxation of businesses, including: capital allowances, corporation tax, the taxation of partnerships, the self-employed and charities.