FAQ’s

FAQ’s

Q.I’ve heard on the radio that my small pension is going to be taxed, but I’ve never paid tax on it before. Will I have to pay the tax due for all the years I’ve received the pension in one go? A. Don’t panic. The change in tax treatment only...
FAQ’s

FAQ’s

Q.I gave a personal guarantee for the overdraft of my property development company. Unfortunately the company went bust and I had to repay the overdraft personally. Can I get any tax relief? A. It is possible to get tax relief when you are called on to honour a...