YASIR FARAZ
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Tax Relief on Purchase of Equipment
My client wants to purchase an Ergonomic Chair for work purposes, and this chair will be used only for work. This chair is very expensive and will cost me £2,144.00. He's a higher rate tax payer. Can he claim 40% tax relief on this purchase? -
RE: Foreign Endoment Policy
Can we offset the loan interest that we took out to fund this insurance policy? -
Foreign Endoment Policy
Hello, Is the gain in foreign (French) endowment policy that was connected with the French mortgage taxable in the UK? Total funds deposited into the policy were EUR 69,000, but now, at the end of the term, the policy is valued at EUR 92,000. So is the gain of EUR 23K taxable in the UK? Thanks Thanks