Tax Year Ending – Important News

Tax Year Ending – Important News

The Tax year is coming to an end at the 30th June! Below is some important Tax highlights for different Taxpayers, relating to: Individuals Trusts Companies Employment Compliance Individuals Proof: When making claims for deductions related to work expenses, such as...
Changes to Working From Home Deductions

Changes to Working From Home Deductions

Taxpayers can choose one of two methods to claim Working From Home deductions: either the “Actual Cost” or “Fixed Rate” method. Only the fixed rate method is changing. The revised fixed rate method can be used from the 2022–23 income year onwards. The changes are:...