Cutting tax

Discussion List

• tax benefits of owning a buy to let property

  Hi all, please excuse the newbie question. Broadly speaking, what are the tax benefits of owning a second home which i currently rent out? I have only just brought the place so this is all a bit new to me. I have tennents in place already whose payments cover the interest only payments. I know that i need to go and see a…

• Are you CGT exempt if you are working abroad

  Does one have to pay taxes if they are British Citizens, but working abroad, if they had shares will they have to pay Capital Gains tax on those shares if they have been bought from UK but they are working and living abroad. Najimul Ali

• Tax ignoramus needs help!

  I have a regular job which is obviously sorted out for tax contributions through my employer. However, for the best part of three years I've been getting other money coming in through web design work, mystery shopping, and affilate sales through my websites. Now, I know very little about what I should claim for tax…

• Moving from self employment to employment help

  I was self employed until mid July 2005. My tax year ran from January to December which meant that last year I was paying tax based on 2003 income. I stopped self employment in July and am paying the remainder of tax (£3500) owed on a debt managment plan. I started a new salaried job in September and am paying higher rate…