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Tag: Tax Relief

Alextra Accountants
Lettings Relief
Lettings relief increases the amount of the gain that is sheltered from capital gains tax when you sell a property which has at some time been your only or main residence, and in respect of which some...
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Alextra Accountants
Tax Relief For Research And Development Costs
Investing in research and development can be a costly business with no guarantee of recovering the costs. However, some help is at hand in the form of corporation tax relief. The relief that is availa...
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Alextra Accountants
Claiming Tax Reliefs If You Are Employed
If you are an employee, you may spend your own money on things that are related to your job. Where this is the case, you may be able to claim tax relief. What can I get tax relief for? The rules are s...
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Alextra Accountants
Disincorporation Relief
At the start of the new millennium, corporation tax rates fell to 10% and at one point were as low 0% on the first £10,000 of profit, this was an incentive in many cases for partnerships and sole trad...
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Alextra Accountants
Property Letting – New Relief For Replacement Of Domest...
Until the end of the 2015/16 tax year, landlords letting furnished properties were able to claim an automatic deduction of 10% of net rents to cover the cost of replacing fixtures and fittings. The re...
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