Capital Gains: the good news/bad news tax. Good news … you’ve made money. Bad news … well, it’s a tax. Capital Gain is the difference between what you paid for something and the amount you sell it for, and the amount of tax you pay on a Capital Gain depends on your income. Here’s how […]
Tag: Tax
FreeAgent broadens Self Assessment filing for SMEs
Online accounting pioneer broadens its Self Assessment features for 2015 – and offers to pay £5k towards one lucky small business’s tax bill FreeAgent, the UK’s market-leader in online accounting for micro businesses and freelancers, has reinforced its commitment to making filing tax returns as easy as possible – by introducing a range of new […]
How has the contracting world reacted to HMRC’s business entity tests?
The contracting world has been crying out for some time for greater clarity concerning IR35. Determining one’s status under the legislation has proven particularly difficult and many contractors who believe they are outside IR35 may in fact be inside it. Given that contractors need to know their status so they can fill in their personal tax […]