Category Archives: Personal Tax

Zero Emission Cars

Zero charge for zero emission cars From 6 April 2020, the way in which carbon dioxide emissions for cars are measured is changing – moving from the New European Driving Cycle (NEDC) (used for cars registered prior to 6 April 2020) to the Worldwide Light Testing Procedure (WLTP) for cars registered on or after 6…
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Short Recap on Class 2 and Class 4 NIC Liability

Calculating the Class 2 and Class 4 NIC liability The self-employed pay two classes of National Insurance contributions – Class 2 and Class 4. Class 2 contributions are weekly flat rate contributions which provide the mechanism by which the self-employed build up their entitlement to the state pension and certain contributory benefits. By contrast, Class…
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Recent tax changes for Landlords

September's tax article. As there have been several changes taking place which will have an adverse impact on the profit and tax payable for those investing in multiple residential properties, this article is going to focus on recent changes in legislation impacting on the rental market. Rent a room relief Firstly, the good news; the…
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