Income Tax

M Joyce (TC4453)

Basic rules of relief for personal pension contributions

A consultancy ends and a writing career begins, but is this the same business?

J Herbert (TC4395)

ACC Green (TC4427)

Can property expenses for a main residence be claimed against rental income?

Treatment of rent paid by a partnership to spouses

Allocating revenue and capital expenditure between the co-owners of a property

Can capital allowances be claimed on a car purchased personally for company use?

Treatment of compensation arising from a racial discrimination claim

G Bianchi (TC4442)

The annual end-of-year reconciliation for PAYE taxpayers has begun, to check that people have paid the right amount of tax in 2014/15. HMRC expect the process to be completed by October.

Tax calculations – P800s – will be issued, and people due a repayment will receive a cheque about two weeks after the calculation, according to the Revenue.

The Low Incomes Tax Reform Group (LITRG) has reissued its guidance on what taxpayers should do if they receive a P800. The information includes explanations on how a person may be able to reduce a tax bill or have it set aside.