UK Tax Policy

Employee Share Ownership Trust (ESOT)
An Employee Share Ownership Trust (ESOT) is a trust set up by a UK company to acquire and distribute company shares to its employees, benefiting both the employees and the company through tax-deductible payments.
Rent-a-Room Scheme
The Rent-a-Room Scheme is a UK tax relief initiative that allows individuals to earn up to £4,250 tax-free from letting furnished accommodation in their main or only residence.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.