Do your eyes glaze over when you look at a set of accounts? You will probably see several words and terms that you are not completely sure what they mean – so here is our guide to some common accounting terms. Read more →
Foster carers do such a fantastic job – but they do need to be aware of all the tax implications. Nickie explores this area of personal tax:
Income from foster care is taxable and requires reporting on a Self Assessment Tax Return as self employment. A foster carer will receive a weekly allowance, the level of which is dependent upon the age of the child and your location. Additional funding is available if the child has specific needs or if you have certain skills. Read more →
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