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Tax Tips and News
01 May 2019

Rent-a-room tax break remains

HMRC’s proposals to omit AirBnB and other short term rentals from the rent-a-room scheme have been shelved. The scheme currently allows individuals to receive up to £7,500 of gross income from renting out spare rooms in their only or main home without a liability to tax.

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Tax Tips and News
01 April 2019

Employee Mileage Allowances

Confusion often arises over differing tax treatment of mileage allowances paid to employees using their own cars for business, and those provided with a company car. We clarify the tax free allowances and what you need to report to HMRC.

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Tax Tips and News
01 April 2019

Treasury under pressure to debate probate ‘tax’

The government has altered its proposed schedule of fees for an application for a grant of probate, which come into effect from April. The new rates replace the flat rate and range between £250 and £6,000 depending on the value of the estate, representing a 2,700% increase in cost for estates valued over £2m.

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