d admin | Strathmore Accountants
Tax relief for landlords replacing domestic items

Tax relief for landlords replacing domestic items

Swapped an old fridge or carpet in your rental property? Landlords can claim tax relief on replacing domestic items – but not if it's an upgrade! Know the rules and save money by claiming what you are entitled. The replacement of domestic items relief allows...
Tax and employee suggestion schemes

Tax and employee suggestion schemes

Have you set up a suggestion scheme for ideas that could save or earn you money? Employee suggestion schemes can offer up to £5,000 tax-free for valuable input — and even £25 for smaller efforts. A win for innovation and your employee payslip! An...
Higher rate tax relief on pension contributions

Higher rate tax relief on pension contributions

Want to make the most of your pension savings? You could claim up to 45% tax relief on contributions, plus carry forward unused allowances. Here’s how to boost your retirement pot with generous HMRC incentives. Tax relief on private pension contributions is...
Understanding VAT Bad Debt Relief

Understanding VAT Bad Debt Relief

Struggling with unpaid invoices? If you've paid VAT to HMRC but never received payment from your customer, you may be able to reclaim that VAT. Learn how bad debt relief works and whether switching to cash accounting could ease your VAT woes. The VAT bad debt...
Statutory Redundancy rights

Statutory Redundancy rights

Redundant? You could receive up to £30,000 tax-free, whether it’s statutory pay or a better deal from your employer. Know your rights, check the 2025-26 limits, and understand how your age and service affect your payout. There is a tax-free threshold of...