There is almost a £1.5 billion expenditure annually on various events and corporate hospitality, according to Business Visits and Events Partnership (BVEP) Research. Around 35% of the UK economy covers solely the event industry as per their report. Point being made is; entertainment is a significant part of overall business finances. Ignorance in this regard […]
The crucial stage of any self-build and extension is gaining a planning commission. When it comes to extending your house, building a new house, or building an office in the garden, you need planning permission. The primary objective of many of the people behind buying the property is to renovate and develop the property. At […]
There are two main ways, leasehold, and freehold, to own a property in the UK. Typically, freeholds are associated with houses, while leaseholds are for flats. Freehold, as the name suggests, you become the owner of both the property and the land it is built on. You are responsible for everything like maintenance, and you […]
UK real estate industry has always been an attractive asset both for domestic and international investors alike. This is because of the stability and strength of the UK market and the smooth functioning political system. Undoubtedly, profitability is also one of the many factors behind the ever-evolving and expanding spectrum of the UK property industry. […]
Anticipating death is gloomy but making timely decisions about this inevitable turn of events is wise. One of the most confusing aspects of handling an estate is inheritance tax. If you don’t plan correctly, it may cost your loved ones hundreds of thousands of pounds after you pass away. There are ways to reduce the […]
When coming across different type of properties in the UK housing market, one must learn all the tax rules. It is important to know what the various exemptions are in each case. Take, for example, empty properties. Do you know how to avoid paying council tax on an empty property? If not, that is all […]
Your company has had a fantastic trading year, so you’ve decided to give out special gifts to your loyal customers. Can one possibly deduct the input tax paid when buying these items, or is the situation more complicated? In such cases you need to know more about VAT on gifts to customers. Are client gifts […]
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