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04 Feb '19
Check out the short clip below, many thanks to Pixel Click and Kardesign!
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People often get confused about tax and a common misconception is around how tax works for the higher tax bands. People often think “Oh I don’t want to earn too much as I’ll get taxed at 40% and I’ll lose out”. THAT’S NOT HOW IT WORKS! Here’s a handy guide to simplify and explain things.
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Get your records in order Record-keeping is a vital for every self-employed person. You have a range of legal obligations when it comes to record-keeping – but entirely apart from this, the Self Assessment process will be significantly easier if you have the relevant documents easily to hand, and organised in an effective way. The […]
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So, you have a bit of surplus cash and you want to make sure it is invested as tax efficiently as possible… What about Stocks and Shares? 1. Share-based investments You could buy shares… These could be shares from a private or, if you knew what you were investing in, a public (plc) company such […]
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30 May '17I have been asked this question many times and the answer is invariably the same – “As a UK resident with any rental income you most certainly do need to declare your rental income”. There is no such thing as a minimal level which HMRC would not be interested in. Whether you have to pay […]
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