Hi. I am a freelancer. Im trading at just below the £90k vat threshold. I usually save all my billing until the last day of each month, because its more efficient for me to do all the billing at once rather than throughout the month. This also has the added ... Continue Reading
Hello, I am Greek in origin and moved to UK in 2003 for studies. Since 2010 I am a tax resident in the UK, and in 2016 I acquired British Citizenship. In 2022 I sold some property in Greece and I am thinking of transferring this money to the UK to buy my first ... Continue Reading
I work for a company and my job involves around 400 mile a day driving. Obviously with this amount of miles I’ll get a company car. I’m allowed to do personal modes in the car and the company charges £.16 per mile for the fuel. How will this set up affect ... Continue Reading
Hello I have filed for divorce and we have a 2nd buy to let property. It is 2 bedroom, rented out to a single person and I have just moved in there into the second bedroom. Both properties are jointly owned. I want to sell it and buy a place closer to the marital ... Continue Reading
Hi there if someone could clarify. I am trying to open additional savings accounts for myself and husband. Since Brexit when applying i notice that some banks ask if he has uk Citizenship.( not Nationality) . My husband has an Italian passport but has lived in ... Continue Reading
Hi, I own a property that has been let for many years but is currently vacant. I have occupied the house for about five years in the past. it is valued at about £400,000. I also have investment of £150,000. My will leaves the whole of my estate to my wife. She ... Continue Reading
my total income (from my main job and income from let properties) has gone above the threshold £50,000.00 a year since 2020 where as landlord can not offset the mortgage interest on my let property as an expenses. The HMRC kept paying the child benefit for my ... Continue Reading
My tax code is incorrect due to my State Pension being overstated. The Pension Service have provided an amount to HMRC which equates to my new weekly pension x 52. The problem is, my pension increase does not begin until week four, so the actual amount that I will ... Continue Reading
