Trading allowance for property and trading income
This new measure introduces two annual tax allowances for individuals, each worth £1,000. One allowance is for trading income, and the...
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Carbon Accountants Info Blog
Jan 252 min
Rewarding Employees how to reduce the tax burden
Now that Christmas is over Employers must navigate seasonal tax issues for compliance and optimal tax efficiency. Here is a summary of...
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Carbon Accountants Blog
Aug 17, 20231 min
Can A self-Employed Plumber sell parts alongside their existing business?
Can a self-employed plumber, intending to establish an online trade to source and sell plumbing parts alongside their existing business...
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Carbon Accountants Info Blog
Jun 8, 20232 min
Incorporation Relief
Incorporating an existing sole trade can be done in various tax-efficient ways, such as utilising Incorporation Relief. However, when...
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