Sohaib Ahmad

Self Employed Pension Gap

Business

Self-Employed Individual Should Be Wary Of The Pension Gap

A major concern for most developed economies arises when too much emphasis is laid on the present and not much thought is given to the future. Sometimes self-employed individuals are busy making a living completely focussed on the present, not paying much attention to the uncertainty that comes with age. The pressure of work, the […]
11 hours ago 3 Reads share
VAT Domestic Reverse Building And Construction Sector

Business

VAT Domestic Reverse Charge – Building And Construction Sector

The Impact of the VAT Domestic Reverse Charge for the Construction Industry, and what it means for you From the 1st of October 2019, the UK will introduce VAT domestic reverse charges for building and construction services. The move aims at combating VAT fraud in the sector. Some of the areas that will experience a […]
August 6, 2019 29 Reads share
Overseas Income Remittance Basis

Business

Overseas Income Remittance Basis

Global & UK Income, and how resident and domicile status impacts your tax position REMITTANCE BASIS: Remittance Basis is the basis of taxation that is an addition to the standard tax rules, which is applicable to residents of the UK who aren’t domiciled in the UK. Such taxation requires the resident to be taxed on […]
August 2, 2019 42 Reads share
Principal Private Residence Relief Changes

Business

Be Prepared For Principal Private Residence Relief Changes

What to expect from the Principal Private Residence Relief changes being introduced. What do you need to know about Principal Private residence relief and how do you claim a full relief? Principal private residence relief (PPR) is a tax relief that can be claimed on Capital gains tax (CGT) on the profits when you either […]
July 19, 2019 61 Reads share