Utilise the deduction for paid and reimbursed expenses
Employees often need to incur expenses when undertaking their jobs. The nature of the expense may vary depending on the job, but typical expenses include
Employees often need to incur expenses when undertaking their jobs. The nature of the expense may vary depending on the job, but typical expenses include
To ensure that a business does not pay more income tax than it needs to, it is important that a deduction is claimed for all
No-one wants to pay more tax than they need to. Consequently, it is important to keep good records of business expenses so that deductible expenses
Despite the crazy and uncertain times that we find ourselves living in, directors and employees can still celebrate Christmas in tax-free style – even it
Landlords must pay tax on any profit from their property rental business (although income from property of less than £1,000 a year can be ignored).
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