Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.
A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.
A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...
Despite this, Paul Barker, editor of Auto Express, warned the new car tax changes being introduced for electric vehicles in April could put some drivers off from transitioning. He said: "From April, ...
Almost every electric car on UK roads will be slapped with an extra £425 car tax charge due to widespread ... to be in a position to uplift grade allowances by £20 or £30 pounds a month ...
A campaign advocating for the increase of the income tax personal allowance from its current standard of £12,570 to £20,000 has crossed a significant milestone. A petition on the Parliament UK ...
A call to increase the UK's personal tax allowance from £12,570 to £20,000 has garnered over 12,000 signatures, arguing the current threshold leaves low-earners and pensioners struggling ...
Company car drivers have been alerted to potential tax bills of £7,110 due to HMRC within weeks. The warning comes as a result of impending changes to car tax and Vehicle Excise Duty (VED) under the ...
In most cases, personal loan interest is not tax deductible because you generally can't deduct personal expenses. There are certain situations where personal loan interest is tax deductible ...
Tax calculations: The Centre has once again aimed to enhance the appeal of the New Tax Regime by introducing lower tax rates and reducing deductions. This restructuring aims to simplify taxation ...
Motorists running a company car will be slapped with new tax fees from April 2025 due to updates to Benefit-in-Kind (BiK) rates. BiK charges are slowly increasing with annual rises across all ...