Using Your Annual Exempt Amount For 2021/22
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How HMRC Deals With Tax Debts During the covid pandemic HMRC suspended many of their debt collecting activities. However, as the UK emerges and economic activity resumes, HMRC has restarted their debt collection work intending to contact taxpayers who have fallen behind with their tax payments. From September 2021, they restarted the process of collecting
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Capital Allowances And Furnished Holiday Lettings When it comes to let properties, furnished holiday lettings (FHL) are a special case and benefit from a number of concessions not available to standard lets. The concessions are only available if the property meets the tax tests to qualify it as a furnished holiday letting – the fact
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Reporting And Paying Tax On UK Residential Property Gains Read More »