Employer-provided accommodation is part and parcel of some employment contracts. In most cases, this provision of living accommodation to employees, directors, or a member of an employee or director’s family or household is a taxable benefit in kind.
Becoming an Airbnb host has become a lucrative and straight forward way of turning your property into a holiday letting, but as with any revenue stream, it’s important all relevant taxes are paid properly.
While the housing market took a hit during the early part of 2020 due to COVID-19, we’re slowly seeing the market recover as lockdown eases and people return to normality.
It’s a natural human instinct to want to provide for your family, not just as your children grow up, fly the nest and start families of their own but after you’re gone too. However it’s often easy to lose sight of how much your money would be worth to your children.
Losing a loved one has a profound impact on families and relationships. Not only is death a difficult personal trauma to cope with, but complications can arise when there are no clear instructions left by the deceased.
