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Help to Save bonus payments

The Help to Save scheme is intended to help those on low incomes to boost their savings. Eligible users of ...

Cost of living payments

You may have been entitled to a Cost of Living Payments of £301 (paid April/May 2023) and should be about ...

Taxable gains on gifts

Gift Hold-Over Relief is a tax relief that effectively defers Capital Gains Tax (CGT). The relief can be claimed when ...

Trusts and Income Tax

A trust is an obligation that binds a trustee, an individual or a company to deal with the trust assets, ...

Do you need to pay tax when you sell your home?

In general, there is no Capital Gains Tax (CGT) when you sell your home. This applies to a property which ...

Current State Pension age

The second review of the State Pension age has been published by the Department for Work and Pensions. The State ...

Filling gaps in National Insurance record

National Insurance credits can help qualifying applicants to fill gaps in their National Insurance record. This can assist taxpayers to ...

Paying tax by direct debit

One of the many ways that payments can be made to HMRC is by using a direct debit. The direct ...

Cash flow v supplier credit limits

In a recent article we explained how granting lengthy credit limits to customers was as good as letting them keep ...

Back of an envelope

If you run a business and manage your planning by scribbling notes on the back of an envelope, you might ...

Loss of personal tax allowance

If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2 ...

Replacement of domestic items relief

The replacement of domestic items relief enables landlords to claim tax relief when they replace movable furniture, furnishings, household appliances ...
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