The Daily Beacon

Topics: Lifestyle

lifestyle

What is MCA tax?

The married couple’s allowance (MCA) does not reduce the amount of taxable income on which you pay tax. It is used to calculate an amount to reduce your t...

Apr 02, 2026 2 Views
lifestyle

Can a car be sold as seen?

When you buy a used motor vehicle from a trader, you are making a legally binding contract, which is covered by the Consumer Rights Act 2015. Traders must...

Apr 02, 2026 2 Views
lifestyle

Is Prudential annuity taxable?

Earnings in your annuity contract are taxed as ordinary income, and if withdrawn prior to age 591⁄2, there may also be a 10% federal income tax penalty. A...

Apr 02, 2026 1 Views
lifestyle

Is there VAT on art supplies?

​The standard rate of VAT on most goods and services in the UK is 20%. This is mandatory for all businesses selling art who are above the VAT threshold i....

Apr 02, 2026 2 Views
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