Do I need to pay Capital Gains Tax when I sell a rental property?
Yes, if you sell a rental property for a profit, [...]
What expenses can I claim on my landlord tax return?
You can claim various "revenue expenses" used only for your [...]
What is Section 24, and how does it affect my tax return?
Section 24 limits how much finance costs (like mortgage interest) [...]
Will claiming a CIS refund affect my future payments?
No, claiming a refund for tax already deducted does not [...]
Do I need an accountant to claim my CIS refund?
While it's not legally mandatory, engaging a specialist CIS Accountant like Worthwhile Accountancy [...]
What if I don’t have all my CIS statements?
It's crucial to obtain these. You should contact the contractors you [...]
Can I claim a CIS refund for previous tax years?
Yes, generally, you can claim a CIS tax rebate for up to [...]
How long does it take to get a CIS refund?
For online Self Assessment submissions, HMRC typically processes refunds within [...]
What CIS accounting software do you recommend?
We can advise you on suitable CIS-compliant accounting software based [...]
How can I improve my CIS cash flow?
Accurate cash flow management is crucial in the construction industry. [...]