Posts in Knowlegde Base

Standard industrial classification of economic activities (SIC)

Code Description Section A Agriculture, Forestry and Fishing 01110 Growing of cereals (except rice), leguminous crops and[…]

Restricting finance cost relief for individual landlords

Who is likely to be affected Individuals that receive rental income on residential property in the UK[…]

The Rent a Room Scheme

The Rent a Room Scheme lets you earn up to a threshold of £7,500 per year tax-free[…]

Let Property Campaign – Gives residential landlords the opportunity to bring their tax affairs up to date

You can report previously undisclosed taxes on rental income to HMRC under the Let Property Campaign if[…]

List of Tax-free and taxable state benefits in UK

State benefits that are taxable The most common benefits that you pay Income Tax on are: the[…]

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