Most buy-to-let property is let on short leases to a single tenant. The income from rents is treated as a property business, but a number of reliefs available to other trading businesses are not available to buy-to-let landlords. However, if these same properties were let as Furnished Holiday Let (FHLs) property, more advantageous tax benefits…
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Higher National Living Wage rates
Businesses that have a significant number of workers who are paid at the National Minimum Wage or National Living Wage (NLW) rates should probably read the recent independent report that suggests rates of NLW could rise, as internationally, there is evident that realistic rises have little impact on employment levels but do have a positive…
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Employing someone at home
Believe it or not, HMRC will consider you are the employer of a nanny, housekeeper, gardener or anyone else who works in your home if both the following criteria apply: you hire them, and they are not self-employed or paid through an agency. If these criteria do apply this means you have certain responsibilities, like…
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We are looking for an experienced accountant to join our team
We are currently aiming to recruit an experienced accountant to work in our team. The ideal candidate will have an accounting qualification, several years experience working in Practice, be IT literate and have good inter personal skills. The role is as a Client Service Manager and will involve the preparation of annual accounts, tax returns…
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