Tag: Tax
HMRC Tax Regulations That Every Estate Agent Should Know
If you are considering selling your home, make sure you don’t get stung by an unexpected tax bill. Issues can arise, particularly when selling your second home. Before you contemplate putting your house on the market, make sure you are fully aware of regulations surrounding property tax. Tax Calculating tax can be a minefield, especially when it comes to property trading. Businesses […]
What You Need to Know to Form an Offshore Company
Offshore companies can have many benefits. Primarily, an offshore company can be used to save money on tax by diverting income to a foreign location. Offshore companies can also be used for investment purposes, and for protecting inheritance tax. However, it is important to understand some of the issues involved in forming an offshore company, […]
Managing Your Business From Home
Many older entrepreneurs are choosing to put their expertise and knowledge into practice and are starting businesses from home once they have hit their fifties. All too often they have been on the receiving end of commercial incompetence throughout their lives, and know that they can do a better job if they go it alone. […]
A Beginner’s Guide to Depreciation in Property Development
If it were as easy to make money off a developed property as renting out some apartments or offices and sitting back and profiting off the rent, more people would do exactly that. Many times when looking to wisely invest money, people turn to real estate armed with the basic knowledge that property values fluctuate […]
The IRS Wants a Bigger Share of Small Business Profits – Infographic
The IRS thinks it’s not getting all the taxes it can from small business. Lots of money is going untaxed at third party payment networks like PayPal. Online sellers use these websites to receive payments for goods and services. The 1099-K is going to help the IRS get a few more bucks out of us. If […]
Can I Withdraw Funds from a 401k Before Retirement?
If you are investing in a 401k you are doing a very smart thing. If your not why not? Many people do not invest in a 401k because they feel someday they made need the money. A 401k is a great way to save because the growth of your money is tax free until to […]
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