forum92312
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Losses on Furnished Holiday Let
A furnished holiday let ceases in 2022/23 with losses brought forward. There are no other FHL properties however there is a rental property. Under the abolition of FHL, can these losses be carried forward to be used against non-FHL property income from 1st April 2025? -
Marriage Allowance Transfer- Start rate and dividend allowance
If an individual has employment income of £11,000, interest of £1,200 and dividends of £500. Their total income is £12,700 so exceeding the personal allowance. However they are not liable to income tax due to the availability of the start rate and dividend allowance. In this scenario, are they still eligible to transfer 10% of their personal allowance to their spouse? -
Change of ownership- pub VAT registration
Where a sole trader takes ownership of a trading VAT registered pub, must they register for VAT immediately, or when the threshold is exceeded? -
Remote working space- taxable benefit
An employee has requested to use a remote office space rather than working from home. Does this constitute taxable benefit? -All employee's are WFH -It is the employee's desire to use the remote work space, rather than a requirement of the employer. -The employer will reimburse the remote office costs, or arrange the contract directly -
Director National Insurance
A director commences on 1st March 2024 and is paid £10,000 on 31 March 2024. This amount is over the annual LEL which would usually entitle a director to a full years National Insurance credit for state pension purposes. As the director commenced mid-year, do they still receive a full years credit or are the qualifying weeks restricted to the start of their directorship?