We operate as sole traders and incur costs in the course of running our business. The planned restriction will unfairly target us by preventing us from offsetting costs in the same manner as other sole traders. 97 more words
Tags » Tax Relief
The Summer Budget 2015 was not great news for Landlords!
The 10% Wear & Tear allowance will end in April 2016 and landlords will only be able to claim for actual expenditure, this could have a ‘cap’ and restrictions, we await the full details. 42 more words
Watch above: The federal government is being asked to defer taxes for Saskatchewan ranchers forced to sell their stock because of dry conditions. Meaghan Craig has reaction from the affected groups and the federal minister. 720 more words
Until the Summer Budget 2015 when you purchased a business (not its shares) into a limited company from an unrelated party you could write off the goodwill (Intangibles) against your corporation tax but that has now changed and you can’t, another tax relief bites the dust! 195 more words