Imagine. You. Your brand-new boat. International waters. Lots and lots of cruising around. Instantly puts a smile on your face, right? A villain that may enter the scene and turn that smile into a frown is, none other than, tax! That is why you should know how to avoid VAT on boats. Doesn’t matter if […]
Considering buying a second home? Makes you experienced in the market enough. Experience goes to the market with poise, wisdom, and control. You can expect things using your first-time journey and know what to do differently and better. There also might be some roads you only have to walk once. Owning a first home might […]
If you are a UK resident or have a business, you would have heard of the government gateway. Technology is rapidly advancing, replacing traditional lifestyles with an online presence. It is an online system that gives access to several types of government services that include tax returns, benefits, and other related official documents. Let us […]
When it comes to taxes, many people remain unaware of their obligations and their allowances. The same applies to private limited companies and limited liability partnerships (LLPs). The question then arises, do limited liability partnerships pay corporation tax in the UK? Before we answer this question, let’s discuss the difference between a private limited company […]
When stepping into the world of property, you are often met with the struggle of understanding mortgage terms. Which is quite understandable. First-time buyers may find it challenging to deal with such complexities. There is no need to stress. This guide will thoroughly explain the average length of mortgage in the UK and if you […]
Getting a mortgage is never easy. Think of it as an up-hill battle. In this battle, you will come across an underwriter who is will make sure everything is A-Okay. It’s not fun, and it’s not something anyone wants to go through. Nevertheless, it is essential to the process. Let’s discuss mortgage underwriting and how […]
Each year, like clockwork, over 10 million people are legally bound to do one essential thing in the UK. That is, to submit their self-assessment tax return. Yet, every year, there are a significant number of people who miss the deadline. Their reason may be legitimate or maybe it’s just ignorance on their part. In […]
In the world of property business, it is challenging to manage your finances. There are many expenses to consider and plenty of taxes to pay. Luckily, there exists a reduction in your tax bill in the form of relief. Taking advantage of that relief to minimise the amount of tax you owe is a skill. […]
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