Closing dates for home renovation incentive For Homeowners: The work must be carried out and paid for between 25 October 2013 and 31 December 2018. For Landlords: The work must be carried out and paid for between 15 October 2014 and 31 December 2018. For Local authority tenants: The work must be carried out and paid for between…
Exemption Limits If you are not married or in a civil partnership, you are exempt from income tax where: your total income is less than the exemption limit you are 65 or older. If you are married or in a civil partnership and jointly assessed, you are exempt from income tax where: your total income…
Entrepreneur Relief The relief provides that a 10% rate of CGT applies in respect of chargeable gains selling or transferring your business. Normally without this relief a CGT rate of 33% would apply on any gains. Conditions of the relief The qualifying business assets must have been owned by you for a continuous period of…
