personal taxatation Archives - Page 43 of 52 - Whitefield Tax - Isle of Wight Accountants

Buy to Lets and Corporate Ownership

by Jessica Garbett | Sep 1, 2015 | budget, business issues, business taxation, capital taxation, dividends, personal taxatation, property taxation

A question: Last time I asked about “should I own my BTL personally or through a company” the advice was that owning personally was better. Is this still expected to be the case entering 2016? But regardless, what are the rules/issues if one I did buy one...

Summer Budget: wear and tear allowance

by Jessica Garbett | Aug 10, 2015 | ACCA, budget, business taxation, personal taxatation, property taxation

Wear and tear allowance to be replaced with a new relief. Landlords can currently claim a wear and tear allowance when they rent out furnished residential property to cover the cost of replacing furnishings. This wear and tear allowance is calculated as 10% of the...

So Many Changes! Looking at recent personal tax changes

by Jessica Garbett | Aug 7, 2015 | budget, personal taxatation, Tax Help for Old People

The most recent budget announced some interesting changes; combine them with those announced earlier in the year and also in 2014, and we can all be forgiven for becoming confused. Here, we look at the ones that affect most of us, not exhaustive, along with the dates...

Summer Budget: tax treatment of interest paid on property income

by Jessica Garbett | Jul 30, 2015 | ACCA, budget, personal taxatation, property taxation

New measure will restrict relief for finance costs on residential properties to the basic rate of income tax. This measure will restrict relief for finance costs on residential properties to the basic rate of income tax and will be introduced over four years from 6...

Subscriptions and flat rate deductions

by Jessica Garbett | Jul 13, 2015 | ACCA, personal taxatation

The list of allowable fees and subscriptions, including journals for professional organisations, has been updated. As a reminder HMRC states that ‘you can reclaim tax you pay on fees or subscriptions to some approved professional organisations – but only if you must...

Summer Budget 2015 (edited)

by Jessica Garbett | Jul 9, 2015 | budget, business taxation, HMRC, personal taxatation

We’ve produced a short summary on the key tax issues from todays budget for a typical Whitefield client, covering: ~ employment allowance ~ IR35 ~ travel and subsistence ~ Corporation Tax and Dividend tax. SummerBudget2015 There are some major changes, but,...

« Older Entries

Next Entries »

Buy to Lets and Corporate Ownership

Summer Budget: wear and tear allowance

So Many Changes! Looking at recent personal tax changes

Summer Budget: tax treatment of interest paid on property income

Subscriptions and flat rate deductions

Summer Budget 2015 (edited)

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax