Author name: money-safe.co.uk

Running a limited company comes with numerous obligations, including navigating the complex world of tax and allowable expenses. For a […]

1. Introduction What Are Tax Codes? In the United Kingdom, a tax code is a short combination of numbers and

When people talk about earning cash in hand, they usually mean getting paid directly in cash—often for informal jobs or

1. Introduction Do You Need to Pay Tax on Lottery Winnings? One of the biggest questions people ask after hitting

1. Introduction What Is Traditional Accounting (Accrual Accounting)? In its simplest definition, traditional accounting—also known as accrual accounting—is an accounting

1. Introduction What is a P45, and Why is it Important? A p45 is a vital document in the UK’s

1. Introduction A Complete Guide to Tax on Rental Income UK If you are considering becoming a landlord, you may

1. Introduction Working from Home and Tax Relief Working from home has become increasingly popular in recent years, whether due

Definition of Property Income Allowance The property income allowance is a valuable allowance introduced by the UK government to simplify

Many UK landlords are uncertain about the amount of tax owed on rental income each tax year. With shifting rules,