business
Does property count towards inheritance tax?
Inheritance Tax (IHT) is a tax on the estate of someone who has died, including all property, possessions and money. How do I avoid inheritance tax on par...
Mar 28, 2026 2 Views
Topics: Business
business
What happens if there are 2 wills UK?
In most cases with conflicting wills, the valid Will is often the most recent one. If there is any issue, the matter might be resolved in what is known as...
Mar 28, 2026 2 Views
business
How do I calculate my income taxable profit?
Take the operating profit from the income statement and subtract any interest payments, then add any interest earned. PBT is generally the first step in c...
Mar 28, 2026 2 Views
business
How do I reclaim higher rate tax relief?
Higher rate tax relief can be claimed by entering the amount of gross personal contributions made to a personal pension scheme in the relevant part of the...
Mar 28, 2026 1 Views
business
Are dividends received included in taxable income?
All dividends paid to shareholders must be included on their gross income, but qualified dividends will get more favorable tax treatment. A qualified divi...
Mar 28, 2026 2 Views
business
Can a UK citizen work abroad?
Overview. You’ll need a work permit to work in most EU countries if you’re a UK citizen. In most cases, you’ll need a job offer from your chosen country s...
Mar 28, 2026 2 Views
business
Is cash settlement from divorce taxable?
Maintenance payments made by a spouse or that are attributable to a payment made by a spouse is exempt income of the receiving spouse. As this payment is ...
Mar 28, 2026 2 Views
business
How much can I earn before registering as self-employed UK?
If your income is less than £1,000, you don’t need to declare it. If your income is more than £1,000, you’ll need to register with HMRC and fill in a Self...
Mar 28, 2026 2 Views
business
What is the full educational maintenance allowance?
Education Maintenance Allowances (EMAs) gives financial support to eligible 16 to 19 year olds who want to continue learning. If you’re eligible for an Ed...
Mar 28, 2026 2 Views
business
Can I charge VAT while waiting for registration?
Whilst waiting for your company to be VAT registered you cannot charge your clients for VAT. The recommended method however, is to only invoice for your s...
Mar 28, 2026 2 Views
