Utilising losses from a property rental business
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Utilising losses from a property rental business

September 2024

Where a landlord makes a loss on their property rental business, the options for using that loss are limited. The rules depend…

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End of the FHL regime and transitional rules
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End of the FHL regime and transitional rules

September 2024

Want to know more about the End of the FHL regime and transitional rules? Read our information article.. Landlords with furnished holiday…

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Treating tenants’ deposits correctly for tax purposes
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Treating tenants’ deposits correctly for tax purposes

September 2024

It is usual for a landlord to require a deposit from a tenant as security against damage to the property. This cannot…

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New residence-based regime for foreign income and gains
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New residence-based regime for foreign income and gains

September 2024

Want to know more about new residence based regime for foreign income and gains? Our latest blog has information and advice to…

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Workplace nursery partnership schemes
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Workplace nursery partnership schemes

September 2024

No tax charge arises in respect of the provision of a nursery place for an employee’s child at a workplace nursery provided…

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Claiming refunds of overpaid PAYE
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Claiming refunds of overpaid PAYE

September 2024

If it works correctly, the tax that is collected under PAYE will exactly match the tax that is due for the year….

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VAT on school fees
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VAT on school fees

September 2024

As outlined before the election, the new Government are to go ahead with their proposal to impose VAT on school fees. Legislation…

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Using form R40 to claim a tax refund
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Using form R40 to claim a tax refund

September 2024

If you are entitled to a refund of tax deducted from savings and investment income, you can claim the refund using form…

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Are professional fees tax deductible?
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Are professional fees tax deductible?

September 2024

As ever, the answer to this question depends on what type of professional fees have been incurred. Professional fees are income and…

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Cornwall Xero accountants - 001
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The company makes a loss – can a dividend be paid?

September 2024

The company makes a loss – can a dividend be paid? Our latest blog gives you helpful advice and information to consider….

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