We have previously discussed the tax aspects of being a host with Airbnb or other online accommodation platforms. With Airbnb’s increasing popularity, we thought a reminder would be useful if you’re an existing host about obligations to your lender, insurer and local authority.
This is a question often overlooked when buying your home. It is, however, a common situation when two people are buying a property together. Let’s take an example to show how these both work.
From 1 April 2018, small businesses with a turnover of less than $5 million a year do not need to be exposed to use-of-money interest when calculating their provisional tax. Tax payments do need to be made in full and on time.
On the face of it, the laws around employees’ and employers’ respective rights and responsibilities when it comes to sick leave might look cut and dried – the reality, though, is anything but.