Audrey Wetmore

An emergency tax code means you're being taxed at a higher rate because your employer doesn't have your correct tax details. It often results in higher deductions until your correct tax code is applied.

Foreign property income is money earned from renting or owning property outside your home country. It typically needs to be reported on your tax return, and you may need to pay taxes in both the country where the property is located and your home country, often with allowances for foreign tax credits or treaties.

Moving abroad involves researching your new location, securing necessary visas, arranging accommodation, and setting up health insurance and finances. Planning ahead and adapting to the local culture and language will ensure a smooth transition.

Driving instructors can claim capital allowances for their cars used in the business. This allows them to deduct a portion of the car's cost from their taxable profits. The allowance rate depends on the car's CO2 emissions, with lower-emission vehicles qualifying for higher allowances. Keep detailed records to support your claims.