Carl Lamb, managing director of Almary Green Archant Our reader this week is worried that giving Christmas gifts to her grandchildren could push her over the annual gift allowance. So should she be a little less generous? Carl Lamb of Almary Green responds. I’m beginning to plan what I’m going to give my children, grandchildren and great grandchildren for Christmas this year. I usually give them money of £50 each for my 18 great grandchildren, £150 each for my nine grandchildren and £250 each for my four children, but there are so many great grandchildren now, it’s going to take me above the £3,000 a year total gift allowance. Do I need to cut the amounts down now?Response from Carl Lamb of Almary GreenAnnual gift allowances are essentially there to stop people giving large amounts of money away to avoid paying Inheritance Tax. The £3,000 is the total annual figure that you can give away without it being potentially considered as part of … [Read more...] about Ask the Expert: Do I need to cut down on my grandchildren’s Christmas presents?
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TELLY fans have to shell out for a TV licence and even those who use the iPlayer to watch any BBC programmes need to cough up. But what exactly is the licence for and how much does it cost? Find out here. When is the TV licence fee going up and how much by? The cost of a full-colour TV licence for 12 months is £150.50. It rose on April 1 2018, and applies to anyone buying or renewing a licence after that date. The charge means people will be forking out £2.89 a week - up from £2.83 - or £12.54 a month. If you pay via a monthly or weekly plan which stared before April 1 then you'll continue paying the old fee until your licence is up for renewal. Who doesn't have to pay for a TV licence? Some people are entitled to a free TV licence: For example if you're aged over 75 or you're a resident in a care home. You can pay for your licence all in one go or spread the cost throughout the year using direct debit. Watching live TV or catch-up through the BBC iPlayer on … [Read more...] about Do I need a TV licence to watch TV, how is is the BBC funded and can I watch BBC iPlayer if I don’t have one?
QUESTION: I have a Buy to Let property, but because of the size of the mortgage, I do not make any profit from it. I am employed and have never submitted a tax return before- do I need to now?ANSWER: What with mortgage interest, repairs and empty periods to deal with, most buy-to-let property investors sometimes make a rental loss on their property. They then want to know whether they can claim any sort of tax refund or tax relief on that loss. It sounds reasonable, but unfortunately the tax system is not very generous about rental losses.If there is more than one rental property (other than a furnished holiday property), each year the profit or loss on each one is added together, and the owner is taxed on the net total. So if there are a handful of properties, some of which make a profit and some of which make a loss, and the losses are less than the profits, then there will be full, immediate, automatic tax relief. If the rental losses are more than the rental profits, there will be … [Read more...] about Property losses – do I need to do a tax return?
SULPHURIC acid is a highly corrosive substance usually used by farmers. But in the UK it has been used by psychopathic sadists to inflict agony and disfigurement on their victims which have led to death and life sentences for the evil attackers. What is sulphuric acid used for? Sulphuric acid is an extremely dangerous industrial chemical that must be handled with extreme caution. Even the smallest amount can cause severe burns if it touches your skin. Breathing in gas released by reactions with other substances can lead to difficulty breathing and a burning in the throat and lungs. It is a major ingredient in drain cleaners and car batteries. More commonly it is found in fertilisers. Why do I need a licence to buy it? A spate of acid attacks has led the government to move to reclassify sulphuric acid. Later this year, a licence will be needed to legally buy it above a certain concentration. A change to the Poisons Act means that from July, members of the public must hold a … [Read more...] about What is sulphuric acid used for and why do I need a licence to buy it?
Published 12:01 pm, Thursday, June 22, 2017 Image 1of/1 CaptionClose Image 1 of 1 How much juice should kids drink? What you need to know about juice and serving size 1 / 1 Back to Gallery Sorry, but your browser does not support the video tag. (BPT) - Selecting beverages for your children can be tricky. What should they be drinking and how much should they drink? Dr. Lisa Thornton, pediatrician and mother, breaks down new juice guidelines from the American Academy of Pediatrics (AAP) and answers questions about 100 percent juice in the diet. My kids like to drink juice, but I don’t know how much to serve them. Do you have any suggestions? Like the whole fruit it is squeezed from, 100 percent juice is both delicious and nutritious. It is filled with important vitamins and minerals like potassium, folate and vitamin C, which make it a great beverage to serve your children. A serving of 100 percent juice is also a good option to … [Read more...] about How much juice should kids drink? What you need to know about juice and serving size