Rent a room scheme
Remember to take full advantage of the HMRC rent a room scheme. If you rent a room in your main residence you can earn up to £7500 per year tax free ! Contact PMC for further details
Remember to take full advantage of the HMRC rent a room scheme. If you rent a room in your main residence you can earn up to £7500 per year tax free ! Contact PMC for further details
Buy to Let (BTL) tax changes. From 2017/18 tax year the way you can claim mortgage interest against your... read more
Remember that if you sell any assets such as shares or property these must be declared on your personal... read more
Stamp duty is the tax paid by the purchaser when buying a property, at the time of purchase. Currently... read more
Tax saving tips. Remember to pay your spouse if they are helping with your business, especially if they are not using... read more
Yesterday the Chancellor announced the Jobs support scheme to replace the furlough scheme from 1st November. This scheme is... read more
CIS gross status – If you are currently being deducted 20% CIS tax by your contractors, but your annual... read more
March 2018 and another tax year end approaches. Here are few reminders to help you maximise your tax breaks... read more
Workplace pension minimum contributions are increasing from 6th April 2018. Employers contributions are going to 2% and Employees 3%,... read more
National Insurance (NI) types. If you are PAYE you pay Class 1 NI at 12% of earnings between £168-£892... read more
The biggest points to affect a small business in yesterdays budget were : A Tax cut for 31 million people... read more