Category: Business Advice
Jun 20, 2021 | Business Advice, Tax
Is Buying A Holiday Home A Good Investment?
Summary. Due to unpredictable travel restrictions, UK staycations are on the rise, making buying a holiday home an enticing investment. Investors must consider tax regulations, claimable expenses, and furnishing choices. Holiday lets can yield high returns, especially in prime locations, but come with specific mortgage and tax considerations. Seek expert advice before investing. With […]
Mar 24, 2014 | Business Advice
Beneficial Loans – exempt threshold increase
From 6 April 2014, the exempt threshold relating to beneficial loans by employers to employees will be increased from the current £5,000 figure to £10,000!! What does this mean for Employers? Employers will therefore no longer be required to report loan details on form P11D where the outstanding balance is £10,000 or less throughout the […]