Buy To Let property expenses

Some accounting tips

The return to university for students this year has been difficult to say the least, and for those who have a rental property that they let to students the situation is also tricky. If you’re thinking of renting to students in the future, here’s an explainer on the tax implications.

Tax implications of student lets

The return to university for students this year has been difficult to say the least, and for those who have a rental property that they let to students the situation is also tricky. If you’re thinking of renting to students in the future, here’s an explainer on the tax implications.

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Paying inheritance tax in instalments

Paying inheritance tax in instalments

Did you know that you can arrange to pay inheritance tax in instalments for up to 10 years? This only applies to certain types of assets, and not any assets that have already been sold – we explain more in today’s blog.

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Statutory redundancy pay and furloughed employees

Statutory redundancy pay and furloughed employees

Despite the Coronavirus Job Retention Scheme, many employers are deciding to make employees redundant. Where an employee has been on a reduce salary from being furloughed, their normal salary must be used when calculating redundancy pay. Read more here.

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Terminal loss relief

Terminal loss relief

Are you thinking of closing your business? In the spirit of trying to make the most of a bad situation, here is some helpful information on income and corporation tax relief when deciding to shut down a business.

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Selling a property at below the probate value

Selling a property at below the probate value

The property market is often volatile but throw a Coronavirus pandemic and a stamp duty holiday into the mix and it is easy to see how property prices can vary dramatically, even in a relatively short period. If you’re in the process of selling a property under probate, here’s what you should know.

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