Tax on Airbnb Income
More and more individuals are now renting out rooms in their properties through intermediaries such as Airbnb. Often, it will provide an easy way to generate additional income. Many individuals may not realise that there can be taxation implications in these...
Tax Rates and Allowances 2022/23
Download our Guide – Tax Rates and Allowances 2022/23
Tax reliefs when you sell a business
Over the years, a number of different reliefs have been introduced and subsequently replaced, with the intention of providing a lower taxation rate to an entrepreneur selling their business. It was felt unfair that someone who had built up a business over a number of...
Farm Diversification
Many farms have diversified and operate additional commercial ventures, such as renting or introducing other business operations. There are often risks with the potential loss of taxation reliefs if different activities are undertaken and these should be considered in...