Tag: HMRC Guidelines

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The Tax Guide to Letting Out Parking Spaces on Your Drive

If you have room on your drive, you may be able to earn additional income by letting out one or more parking spaces. This can be done through the various apps that exist for this purpose. You can make your drive available on an ad hoc basis, for example, to provide parking near an event

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Will paying voluntary NICs boost your pension?

To qualify for a full state pension, you need 35 qualifying years. You can earn these through paying National Insurance contributions or being awarded National Insurance credits. Suppose you will not have sufficient qualifying years for a full state pension when you reach state pension age. In that case, you can ‘buy’ additional qualifying years

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