Tax relief on charitable donations
Date posted: 23rd Jul 2024
If you make donations to charity, you can benefit from tax relief on those donations. This can be achieved in various ways. Gift Aid If you are a…
Date posted: 23rd Jul 2024
If you make donations to charity, you can benefit from tax relief on those donations. This can be achieved in various ways. Gift Aid If you are a…
Date posted: 12th Jun 2024
In simple terms, a PAYE settlement agreement (or PSA for short) is a way of an employer settling tax bills for employees, on amounts which may be deemed…
Date posted: 12th Jun 2024
Employment taxes can be a minefield when it comes to not only salary payments but benefits-in-kind. It is very important to understand the implications of employment taxes and…
Date posted: 12th Jun 2024
Given the recent rises in interest rates, everyone with savings is enjoying a higher return of interest paid by their banks. It is important to remember that tax…
Date posted: 12th Jun 2024
We have been contacted by some clients, who have received letters from “HMRC” asking them to pay unpaid tax and PAYE liabilities. The letters appear to be genuine…
Date posted: 11th Jun 2024
We understand that HMRC is altering a number of businesses to check the bank details held by HMRC. Whilst we understand a letter from HMRC may be daunting…
Date posted: 11th Jun 2024
By Tax Partner, Lee Watson Stick or twist? So, the question of the date of a general election has been answered and the country…
Date posted: 3rd May 2024
As we have stated previously, a lot more companies will have fallen into the quarterly instalments (QIPs) regime, since 1 April 2023. Following another change from 1 April…
Date posted: 3rd May 2024
In simple terms, you may be missing out on tax relief by not realising that you need to claim a higher amount of pension tax relief, if you…
Date posted: 3rd May 2024
It is often said that inheritance tax (IHT) is a voluntary tax, and one that can be avoided if you give away sufficient assets at least seven years…