Max Corner News Today

QUESTION: I have been employed since leaving university many years ago, but have recently started working as a self-employed travel agent to make ends meet during this cost of living crisis.

QUESTION: I have received a strange letter from HMRC referring to persons of significant control and asking various questions about my 2021/22 tax return.

QUESTION: I have received forms from HMRC stating that the tax credit renewal deadline is July 31.

Surely there are no tax implications on dividing our assets as we are still husband and wife?

QUESTION: I am the executor and sole beneficiary of my late uncles estate which includes a residential property, a share portfolio and some EIS investments.

QUESTION: I have been running a family business for years and have considered incorporating.

QUESTION: I am a higher rate taxpayer and am disappointed with the net of tax return from my £100,000 of bank savings which is just 2 per cent after tax.

QUESTION: In the recent Budget, the Chancellor indicated that he was keen to incentivise the over 50s back into work.

QUESTION: My employer has introduced flexible home-working following Covid-19.

QUESTION: One of our employees has asked if the business can provide a loan to help clear a personal debt which arose when making improvements to their home.