Will I pay tax on my sponsored car?

Will I pay tax on my sponsored car?

George is a self-employed golf pro who has been making a name for himself in the sport. He is also employed by a local golf club. He submits an annual self assessment tax return to disclose his sole trade and PAYE earnings to HMRC. He has been offered a sponsored deal...
Capital Gains Tax Planning

Capital Gains Tax Planning

A guide to capital gains tax and the reliefs available for 2017/18. When you buy an item with the intention of selling it for a profit, that transaction is treated as a trade and you should pay income tax on the profit you make on the sale. When you acquire an asset...
Personal Tax Planning 2017/18

Personal Tax Planning 2017/18

How individuals and families can save taxes in 2017/18. The UK tax system provides reliefs and allowances to encourage you to spend or invest in certain ways. Using those reliefs as they are intended is the fiscal equivalent of obeying the Highway Code. If you divert...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close