Contact Us

Questions And Answers

Read our expert answers to your questions

redundancy

Tax on redundancy payments

I have just been told that I am being made redundant in a couple of months and that my redundancy package is going to be £50,000 and the gift of my company car. I am really worried about my finances, could you tell me how much tax will be taken from this, so that I know how much net pay I am left to budget with?

First published 5 Dec 2012 | Last updated 13 Jan 2021

Man departing job

Redundancy Payments

First published 5 Dec 2012
Last updated 25 Aug 2024

Redundancy Pay for a Company Director

Redundancy Pay for a Company Director

First published 5 Dec 2012
Last updated 26 Oct 2020

Rental Property

How to report rental property to HMRC if you live outside the UK

First published 6 Oct 2020
Last updated 20 Mar 2024

My new employee has a student loan, what do I have to do?

My new employee has a student loan, what do I have to do?

First published 29 Aug 2019
Last updated 7 Sep 2020

Do I have to declare income from car boot sales?

Do I have to declare income from car boot sales?

First published 30 Oct 2019
Last updated 8 Sep 2020

Can I claim the VAT back on fuel for my car?

Can I claim the VAT back on fuel for my car?

First published 2 Aug 2019
Last updated 29 Sep 2020

I have gone through my cash flow and spotted a gap, what can I do?

I have gone through my cash flow and spotted a gap, what can I do?

First published 3 Jul 2020
Last updated 17 Apr 2024

Will I be able to claim the second self-employed support grant?

Will I be able to claim the second self-employed support grant?

First published 5 Jun 2020
Last updated 5 Jun 2020

Is takeaway food subject to VAT?

Is takeaway food subject to VAT?

First published 21 May 2020
Last updated 13 Jan 2021

See how TaxAssist Accountants can help you with a free consultation

01292 619933

Or contact us