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Taxes are an inevitable part of running a business, but that doesn't mean you have to pay more than your fair share. Fortunately, the law allows you to deduct certain expenses from your business income, lowering your taxable amount and saving you money. But navigating the world of business tax deductions can be tricky, especially with ever-changing regulations and specific rules depending on your business type and location.
a year ago

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Having sold my London rental flat, what was I to do next? I’ve paid the £20k+ transaction fees. I have paid off the mortgage. I set aside the amount to pay my Capital Gains Tax, a liability which needs to be settled within [60] days. I moved some of the remaining equity into other investments… Continue reading Swapping a rental property for a share portfolio →

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