Posts by Vijay
Beneficial interests in jointly held property
Couples who jointly own rental property are usually taxed 50:50, even if they own different shares. But if you’re married or in a civil partnership, Form 17 lets you split income
Read MoreChildcare grants
Juggling higher education and parenting? Childcare Grants can ease the pressure by covering up to 85% of your childcare costs. If you’re a full-time student with young children,
Read MoreApplying for student loans
Student Loans help cover the cost of university or college in the UK. Whether you’re full-time, part-time, or heading into postgrad study, here’s what you need to know about
Read MoreSpring Statement Summary March 2025
Spring Statement 2025: Key Tax Measures and Modernisation Initiatives
Chancellor Rachel Reeves’ Spring Statement 2025, delivered on 26 March, arrived at a critical point for the
Read MoreHow to Approach Your Bank for a Business Loan
Asking your bank for a business loan can feel daunting, but it doesn’t have to be. With the right preparation, you can give yourself the best possible chance of getting a positive
Read MoreHow Small Businesses Can Survive a Recession
Recessions can be tough on small businesses, but they do not have to spell disaster. With some smart thinking and a bit of planning, many firms can keep going and even emerge
Read MoreClaiming professional fees and subscriptions
Did you know you may be eligible for tax relief on professional fees and subscriptions? If your membership is required for your job and the organisation is HMRC-approved, you could
Read MoreRental business mortgage relief
Since April 2020, landlords can no longer deduct mortgage interest as an expense. Instead, tax relief is capped at 20%. This change affects UK and non-UK resident landlords,
Read MoreVAT if you sell your business
When selling a business, the Transfer of a Business as a Going Concern (TOGC) rules can allow the transaction to be VAT-free if key conditions are met. This prevents unnecessary
Read MoreRecords you must keep if self-employed
If you are self-employed as a sole trader or a partner in a business partnership, you are required to maintain suitable business records as well as separate personal income records
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