Transferable tax allowance for married couples and civil partners – From 2015-16 tax year, a spouse or civil partner can … Read More
Social investment tax relief – HMRC have stated: “As announced at Budget 2013, legislation will be introduced in Finance Bill … Read More
Remember to make full use of your annual inheritance Tax exemptions. The general annual exemption is £3,000 per donor (plus … Read More
Those running a business should take advantage of the temporary increase in the Annual Investment Allowance (AIA) to £250,000. The … Read More
Higher rate taxpayers should make any charitable payments under Gift Aid so that you obtain additional tax relief. The charity … Read More
1 April – Corporation tax for year to 30 June 2013. 5 April – End of 2013/14 tax year. 19 … Read More
The new £2,000 “employment allowance” that provides relief from paying employers NIC on the first £2,000 of contributions starts on … Read More
Keep in mind that for every £2 that your adjusted net income exceeds £100,000 the £9,440 personal allowance is reduced … Read More
HMRC plans to implement two new services granting greater control to directors and employees over their tax codes. 1) Directors … Read More
HMRC have announced that the penalties for late RTI returns will now come into force from October 2014 instead of … Read More