Category: Tax
Jan 04, 2021 | TaxIHT Business Property Relief | How To Secure It
Business Relief reduces the value of a business, or its assets, when working out how much inheritance tax has to be paid. But, what many people don’t know, is that if you’ve borrowed money to support the business, relief may not be available. Find out how you can secure IHT business property relief.
Nov 28, 2020 | TaxIs Business Credit Card Interest Tax Deductible?
As there is no clear guidance from HMRC regarding reimbursement for personal credit card charges, the general rule must apply. Thomas Nock Martin specialises in small business tax so get in touch to see how we can help you.
Jul 12, 2020 | TaxFurnished Holiday Lettings Tax Guidance
A Furnished Holiday Let is also known as an FHL. It is a certain type of rental property classification in the UK and Ireland (and some European countries). For more information on furnished holiday lettings tax, contact Thomas Nock Martin today.
Jun 30, 2020 | TaxLandlord Expenses: Do You Know What You’re Entitled To Claim For?
Landlord expenses - Find out what you are entitled to by speaking to the experts at Thomas Nock Martin today.
Jun 21, 2020 | TaxEmployment Allowance | Everything you need to know for your small business
Everything you need to know about employment allowance for your small business. We are proud to be leading chartered accountants in Brierley Hill. We have plenty of experience under our belts, and therefore are experts when it comes to tax advice for businesses.
Jun 20, 2020 | TaxWorkplace Parking Tax | Everything You Need To Know
Summary. Workplace parking tax exempts employer-provided parking “at or near” the workplace from being a taxable benefit. HMRC guidelines consider reasonable walking distance as “near.” The exemption includes all employer-incurred costs but not parking fines. It applies regardless of actual usage, even for leisure or by family members, as long as it’s primarily for employee […]
