Long time readers should know, here at British Expat Money we like capital gains. There are many reasons for this, but one of the main ones was the tax free allowance. There are lots of these little fellas in the UK tax system. They can
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Where are all the non doms? My guess is, on the way to the harbour. You see the Labour party, who everybody is saying is a shoe-in for the next election are threatening to take a look at non doms. And by take a look,
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Significant changes to National Insurance were among the attention-grabbing announcements in Chancellor Jeremy Hunt’s Autumn Statement, which he made in November 2023. And what was perhaps even more notable is one would be introduced in January 2024, rather than April when the new UK tax
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If you are even just a little like me, you might find today gives a little unfamiliar feeling. That you should be doing something that just might be important. Only, you can’t quite put your finger on what that something is. That is, until it
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Airbnb’s success is truly amazing. The story began in 2007, when the first two Hosts welcomed three guests to their San Francisco home. Airbnb now has more than 4m Hosts worldwide who have welcomed more than 1.5bn guests in more than 220 countries. There are
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According to HMRC, 11.7m taxpayers filed their 2021-22 Self Assessment tax return before the midnight 31 January 2023 deadline. About 800,000 filed on deadline day, with 36,000 doing so within the final hour. Talk about leaving it late. Some will no doubt have been surprised
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Like most other sole traders, your life is probably busy and stressful enough without having to worry about something else. However, there’s no avoiding the fast-approaching Self Assessment tax return online filing deadline, which each year is midnight on 31 January. Gulp. Here’s the lowdown
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Life can be busy when you’re a landlord. Leaving aside managing your property and tenants, many a landlord must also cope with the demands of a job or running a business. Then there’s your own domestic and family responsibilities. The last thing you need hanging
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Having to pay tax on your hard-earned income is certainly one of the less-welcome aspects of being a self-employed sole trader or freelancer. It’s made slightly more palatable by the fact HMRC allows you to claim a wide range of expenses (hence “allowable expenses”), which
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Renting out property continues to offer an excellent return for millions of people in the UK. Most are ordinary folk who earn extra income from renting out one or two properties, with few having larger rental property portfolios. There are about 2.75m unincorporated private landlords
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