Q. I am approaching retirement age and I am looking forward to receiving my state pension. Will I have to pay tax on it? A. The state...

Cash transactions between a director and a personal or family company are recorded through the director's account. At the end of an...

These days, inheritance tax is often referred to as a voluntary tax, because there are various ways to minimise liability to it, or even...

There is an unfounded belief that couples are taxed on rental income received based on their percentage holding of the property. So even...

Capital gains tax (CGT) is normally paid when an item is either sold or given away. It is usually paid on profits made by selling various...

As things stand, the individual sole trader is currently being taxed equivalent to an employee, and I believe that there is some...

Some employers will be considering taking on extra staff on a 'casual' basis to cover the summer period. There are a few issues which...

When you work for your own company you can decide how much salary to pay yourself, how much to pay into your pension fund, and what...

These are part payments for the next year. As when it is due (31st Jan) it is ten months into the next tax year, HMRC ask you to pay half...