Individuals who donate to charity can do so tax-free. There are various ways of making tax-relieved gifts to charity – the way in which the relief works depends on whether the donation is made via Gift Aid, as a deduction from wages or a pension via the Payroll Giving Scheme, in a will or whether…
Breaking News!! We are now proud Tide partners!! As a Tide partner, we can offer you a FREE business current account in minutes, straight from your phone, saving you time and money. This offer is open to existing clients, new clients, and individuals. Sign up with Tide Follow the link to open your FREE Tide…
Do you earn over £100k? Read our latest blog to see if you can keep your entitlement to the personal allowance
Abatement of the personal allowance Not all taxpayers are able to benefit from the personal allowance – once income exceeds £100,000 the allowance is gradually reduced until it is eliminated in full. However, there are steps which can be taken to reduce income and preserve entitlement to the personal allowance. The personal allowance is set…
Making gifts to charity can be an effective way to reduce the amount of inheritance tax (IHT) payable on your estate. Charitable gifts can work to reduce the IHT payable in two ways: reducing the value of the net estate chargeable to IHT; orwhere the gifts to charity are worth at least 10% of the…
To ensure that you pay the correct amount of tax and file correct tax returns with HMRC, it is vital that you keep complete and accurate records. This applies regardless of whether you are running a business as a sole trader or in partnership or operating a limited company. Business records for the self-employed The…
& a prosperous New YearMartin & RachelGold Stag Accounts Good Morning, It’s 25th December, which means Christmas is finally here! So we’ve got a cracker full of accountant related jokes for you instead of our usual tax tips. What is the employment tax status of Santa’s helpers? Net Present Value. Why is Santa always so…
Santa Dash & Reindeer Run 2018 Saturday 1st December 2018 The annual Santa Dash 1K & Reindeer Run 1/5K at Grange Paddocks, Bishop’s Stortford, Hertfordshire. In aid of Grove Cottage, Mencap. Well done to everyone that participated in the event, especially on such a wet & miserable morning. See you all again next year. To see…
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