Airbnb – do you pay tax if you rent out your spare room?
With the dramatic rise in popularity of Airbnb, many people are deciding to rent out their spare rooms to provide an additional source of income. It can be a relatively…
Changes to Capital Gains Tax reporting on Residential Properties
With recent changes being made to Capital Gains Tax (CGT) reporting on residential properties, Donna McCreadie from Perrys Chartered Accountants outlines the important information you should be aware of. Capital…
Five facts you didn’t know about VAT
Value Added Tax or VAT, as it is more commonly known, has been applied to the purchase of goods and services in the UK for over 45 years. Declan McCusker…
Working parents facing childcare costs crisis?
New survey reveals a third of working parents are unaware of government’s tax-free childcare scheme · 96% of working parents feel that childcare costs are too high · Incomes can’t…
Start planning now to ensure you meet the deferred MTD deadline
VAT-registered businesses with a taxable turnover above the VAT threshold are required to use the Making Tax Digital (MTD) initiative to keep records digitally and use software to submit their…