Repairs can also be deducted from the capital gains taxes if property recorded, and avoid
self employment tax assessments (as an investor)
Not exact matches
«This means that they pay their
tax through
self -
assessment, rather than PAYE, pay less by way of National Insurance and are able to deduct more generous expenses than would normally be allowable for those who are in
employment.»
The plan would be funded through progressive payroll and
self -
employment taxes, coupled with a progressive
assessment on income from capital gains, dividends and interest.