Common Mistakes To Avoid During Your First Self-Assessment Tax Return
With the deadline for filing a self-assessment fast approaching, you may be more prone to making mistakes on your self-assessment tax return – especially for first timers. Here are the Common mistakes you need to avoid on your first self-assessment...
Rental Income from House Property in India
Learn how rental income from house property is taxed in India. It explains that such income falls under the ‘Income from House Property’ category as per the Income Tax Act, 1961, and includes any advance payment or security deposit received...
Rent a Room Relief: A Complete Guide
Rent a Room Relief in the UK is a government tax incentive encouraging homeowners to rent out spare rooms, offering a tax-free threshold of £7,500 on rental income. Homeowners automatically benefit from the relief when gross rents are under £7,500,...