What should I consider when making a pension contribution? Annual Allowance There is a limit to the amount that can be contributed to your pension each year while still receiving tax relief. This limit is known as the ‘Annual Allowance’ and is capped at £40,000. The annual allowance applies to all schemes you belong to…Read More
When your parents or grandparents have to move into a care home the dilemma for many families is how they are to afford the fees that such a requirement dictates. Rent One of the most common answers to this dilemma is to rent out the residential property that their loved one has moved away from.…Read More
The homeworking allowance allows you to claim back certain expenses to cover the costs incurred when working from your home. These include: Room space Gas and Electricity Phone Bills Exempt expenses would include anything that is for personal use. Method 1 – Apportion actual costs As a self-employed individual working from home, you can choose…Read More
In the corporate world, sometimes things aren’t exactly black and white when it comes to accounting procedures.
George W. Bush
