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Can you use your own car for Uber?

Should you choose to drive a vehicle you do not personally own, you must be listed as an insured driver on this vehicle’s insurance policy. If your vehicl...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How is the taxability of a capital gain determined?

The taxability of capital gain depends on the nature of gain, i.e. whether short-term or long-term. Hence to determine the taxability, capital gains are c...

Do I need to register as a sole trader before I start trading?

Sole traders must register with HM Revenue and Customs (HMRC) when they start trading. If you have never registered with HMRC before, you can register you...

What is the meaning of know your worth?

Knowing your worth is a very personal thing and it really has nothing to do with anyone else. It’s your internal measure of how you value yourself REGARDL...

Can you get approved for a credit card and not use it?

Not really, although you can effectively do so in certain cases, depending on your credit history. It’s really a matter of semantics if you are approved f...

What do you do when you overpay a contractor?

If so, what you should do is to simply deduct the amount of the overpayment from the contractor’s next payment. If the contractor was hired for a single j...

How far back can you amend tax returns?

three years The Internal Revenue Service limits the amount of time you have to file a 1040X to the later of three years from the date you file the origina...

Do businesses use Western Union?

With Western Union, business customers can make international payments in a broad range of currencies. Small business owners and entrepreneurs can also ac...

What happens if you claim 0 exemptions?

Claiming zero allowances means that you are having the most withheld from your paycheck for federal income taxes. This means you will receive your entire ...

How do I get my fidelity statement?

Monthly and quarterly account statements, and prospectuses/reports are also available to view as web pages. To view a monthly or quarterly account stateme...