If you sometimes work at home in relation to your business, you may be able to reduce the tax you have to pay on your business profits, by taking some household expenses into account. Read on to avoid missing out.

Most people want to think about tax as little as possible. However, as the new tax year begins, be brave and make some New Year’s Resolutions. Here are some suggestions.

If you have previously worked as an employee, you will have worked for a period, probably the month, and then got paid. There might have been a struggle as the month progressed, and last month’s salary dwindled, but you did know that the cash was going to come.

These terms are often used interchangeably, and many of them may describe your particular circumstances. However, in the world of accounting and tax, some of these have more specific meanings than in everyday English.

There has been much discussion about changes to the capital gains tax rules, and the words “private equity” keep being mentioned. However, the proposals did originally catch entrepreneurs and small businesses, and so after much protest, an entrepreneurs’ relief has been announced.