Tag: Personal tax

UK Property Tax Guide

Posted by on 2.2.24 in Knowledge Base

Landlords typically need to pay property tax on the profit generated from rental properties. Simply put the profit is the difference between the rental income and the deducted expenses or allowances. Rental profits are taxed at the same rates as income you receive from your business or employment – 0%, 20%, 40% or 45%, depending […]

Continue reading »

Do i need to register for Self-Assessment

Posted by on 1.31.24 in Knowledge Base

There are a number of reasons why a taxpayer needs to complete a Self-Assessment tax return. This includes if they are self-employed, a company director, have an annual income over £100,000 and / or have income from savings, investment or property. Taxpayers that need to complete a Self-Assessment tax return for the first time should […]

Continue reading »