Tax Insider is a new venture from TaxationWeb, the UK's leading independent tax portal.
Business Tax Insider
Business Tax Insider
Business Tax Insider - COMING SOON!
Customer Success Stories
My accountant and I need absolutely accurate and the most up-to-date advice that we can possibly get. Time and time again Tax Insider has come up with the goods!
I wholeheartedly recommend the ‘Tax Insider’ to anyone who is interested in legitimately minimising their tax bill.
Dr Bennie Mallett, General Practitioner
I wholeheartedly recommend the ‘Tax Insider’ to anyone who is interested in legitimately minimising their tax bill.
Dr Bennie Mallett, General Practitioner
Business Tax Insider is aimed at business owner. Small, medium or large - it doesn’t matter - this monthly business tax saving magazine will help you to slash your taxes.
- How to Use Dividend Waivers to Save Tax(December 2010)
- How to Save Tax with an ‘EFRBS’(September 2010)
- Tax Savings for Entrepreneurs(September 2010)
- How to Buy the Trade and Assets of a Business Without VAT(August 2010)
- Fighting Property Values with HMRC(August 2010)
- How to Claim Relief for Trading Losses - And Don’t Forget Class 4 NIC!(August 2010)
- A “Business” is Better!(July 2010)
- Non-Dom ‘Loopholes’ – Bringing Money Into The UK Tax Free(July 2010)
- Using Your Own Car for Work(June 2010)
- Tax Relief Boost for Business Owners(May 2010)
- Will we be liable for stamp duty on our first UK property purchase?(December 2011)
- If I purchase a van may I claim this against my properties' capital gains?(December 2011)
- How can I tackle the tax man’s demands?(October 2011)
- I am an ex director of a now dissolved company what is my position and the tax position of the company?(October 2011)
- Do We Have to Pay Both Class 2 and Class 4 Insurance Contributions?(October 2011)
- Is Stamp Duty Due on Swap?(October 2011)
- Can HMRC Claim Tax on Gifted Properties?(October 2011)
- Can a UK Company Purchase an Italian Property?(September 2011)
- Are Lease Extension Fees Allowable?(September 2011)
- Will I Have to Pay Capital Gains Tax (CGT)?(September 2011)
Do We Have to Pay Both Class 2 and Class 4 Insurance Contributions?
We are a partnership and our main business is rental income. Do we have to pay Class 2 Insurance contribution being self-employed and class 4 Insurance contributions on the rental income profit?
Arthur Weller Replies:
This is a quotation from Tolley’s:
“Property letting will rarely be regarded as self-employment for national insurance purposes, although if the extent of the landlord’s involvement in managing the lettings and looking after the properties is substantial (which might be particularly relevant for furnished holiday lettings), it is possible that the activities will constitute a business, in which case Class 2 national insurance contributions will be payable. Class 4 contributions are only payable where income is taxed as trading income. Even though rents are now treated as being from a business in calculating property income, this is not the same as saying that a business actually exists, and it does not alter the national insurance position.”
- Don’t Expect HMRC to Help You(April 2010)
- When to Consider the VAT Flat Rate Scheme(January 2010)
- Transport Capital and VAT Allowances(November 2009)
- How to reclaim VAT (insider tip)(June 2009)
- Are you the “senior accounting officer” of a large company?(May 2009)
- Do you believe in using “green” technology wherever possible?(May 2009)
- HMRC puts live podcasts to help you business(March 2009)
- Claiming the VAT Back on Legal Costs(January 2009)
- Do you have 50 or more employees?(December 2008)
- Who is going to pass on the VAT rate cut?(December 2008)
Reasons to buy
- Very easy to read - written in plain english
- Written by UK leading and practising tax experts
- Guaranteed to minimise or avoid your tax liabilities
- Keeps you up-to-date with changes in tax legislation
- One month free trial (so you have nothing to lose)
