by admin | Aug 29, 2024 | Employment & Payroll
Employees who are working from home may be eligible to claim a tax deduction on certain work-related bills. If their employer does not cover these expenses or allowances, they can claim tax relief directly from HMRC. You can claim tax relief if you are required to...
by admin | Aug 29, 2024 | Income Tax
There is an online tool available on GOV.UK that allows taxpayers to check if they need to advise HMRC about additional income they receive. The online tool can be found at...
by Graham John | Aug 28, 2024 | Uncategorised
A letter that asks the recipient to verify financial information with HMRC has not been issued by HMRC, and is fraudulent. The letter is addressed from “Indv and Small Business Compliance” at HMRC. It states that, in response to a recent government initiative, the...
by admin | Aug 27, 2024 | General
Negative equity occurs when the value of an asset, typically a property, falls below the outstanding balance on the loan or mortgage secured against it. In other words, the amount owed on the mortgage is greater than the current market value of the property. Example:...
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