Business & Finance Questions and Answers in The AnswerBank

Self Assessment Rental Income

Self-assessment for rental income involves reporting earnings from property rentals on your tax return. It includes calculating rental income, allowable expenses, and deductions like maintenance,... ...

Hymie

More Brexit Misery

It has been some time since I posted a video from my mate Phil. In this video he explains that border checks now being imposed on imports will add to the costs of goods in the UK, and for some it... ...

jw47

Money Gifts

If you inherit a substantial amount of money but under the Inheritance rate and you do not own your own property, can you gift more than the yearly £3000 or does the seven year survival clause... ...

dave50

Has The Energy Price Cap Discouraged Competition?

Since it was introduced, all the energy companies price their energy around that level with no significant differences. The rule of unintended consequences.

breadstick

Spiralling Debt

Hi I am in a very bad place currently with debt that is just getting worse every month with credit cards and overdrafts going up and up, I'm not trying to play the self pity card but there are... ...

curlyfries81

Self-Assessment

I have underpaid tax to the tune of £3,353. I know I have to pay it all back by 31 January 2025. I also have to pay back all my child benefit as my earnings for last year were over the threshold.... ...

JBW1366

Carer's Allowance

Good Evening I am currently receiveing PIP, and I have been registered as disabled due to an ongoing back problem - which is limiting what I can and can't do. Mt wife works 24 hours a week, but she... ...

piggynose

How Much Would You Pay For A Brolly?

A snip at... ...

loulou111

Bank Account Recommendations For A First Time Sol Trader

Hello. I'm looking at setting up an online selling platform as a solution trader. I'm looking for recommendations to open a bank account i can link to PayPal. As affordable as possible as I'm... ...

Bazile

Offers

I used to get a lot of offers to do with finance - loans/ credit cards etc . Not anymore What about you ?

JuniperEccles

Lloyds Bank Abbreviations On Statements

I have Power of Attorney for a friend and a monthly payment arrives in his Lloyds account, marked D-C. As my friend is unable to explain where this is coming from I asked in the local branch but... ...

Morganmax2

Are There Eco-Friendly Ways To Transport Large Amounts Of Scrap Metal?

"Transporting large amounts of scrap metal can be challenging, especially if you're looking to minimize your environmental impact. This question explores eco-friendly methods to move scrap metal... ...

Business & Finance