by DEB Chartered Accountants | Jul 29, 2013 | Accountancy
In an attempt to increase tax revenues without affecting middle income earners, the treasury introduced legislation back in 2010 that removes the personal allowance of those earning over £100,000. This legislation is still with us, and is affecting more people each...
by DEB Chartered Accountants | Jul 26, 2013 | Do You Know
When you purchase a car the expenditure will qualify for Capital Allowances. Unlike expenditure on machinery and equipment however, expenditure on cars may not qualify for the 100{af331c3cb52abe27a47f1f5b71fb5068c938efb8d5a4e6cddc7f2780f48bb99c} Annual Investment...
by DEB Chartered Accountants | Jul 26, 2013 | Accountancy
If you have not yet made a Will then it is very important that you seriously consider rectifying this. A Will is essential if you are to minimise your Inheritance Tax (IHT) liability, ensure that your assets are distributed as you desire, and make sure that all your...
by DEB Chartered Accountants | Jul 26, 2013 | Do You Know
If you incur expenditure on a property that you let, then this is tax deductible. Generally, a repair is something that puts to right something that has been damaged or does not work correctly. A repair simply restored the situation to what it was before without the...
by DEB Chartered Accountants | Jul 24, 2013 | Do You Know
You can only claim tax relief on business journeys and not on ordinary commuting. Ordinary commuting is travel between your home and your permanent workplace. This usually is the place where you work. However, you can claim for travel between two workplaces, say...
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