PENSION PLANNING BEFORE THE END OF THE TAX YEAR
March 18, 2021
For most taxpayers the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both contributions by the
Tax Matters
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Our articles include tips on Tax and advise on handling your business resources and finances, as well as information on Employee well-being.
Some of our articles are specifically tailored to charities and Not for Profit organisations.
Don’t Lose Your 2020/21 Personal Allowance
March 18, 2021
For every £2 that your adjusted net income exceeds £100,000 the £12,500 personal allowance is reduced by £1. Pension contributions and Gift Aid can help
Get Ready for the “off-payroll” Working Rules
March 1, 2021
Where large or medium-sized organisations are paying workers via personal service companies (PSC) or agencies they will need to operate new procedures from 6 April
Are Tax Reliefs under the Spotlight?
February 10, 2021
IS PENSION TAX RELIEF UNDER THE SPOTLIGHT? One area where the Chancellor could raise a substantial amount of tax would be to restrict higher rate tax
What Are Your Plans to Save Tax in 20/21?
January 20, 2021
It is also a good time to review your tax affairs before the end of the tax year on 5th April. An obvious tax planning point
Time to Review Your Will?
January 20, 2021
Top of the to do list for many individuals is to make or update their will. Many think this is something to leave until later
Make A Claim if You Are Working From Home
December 5, 2020
With more of us working from home there is good news from HMRC that employees can now make a claim for tax relief to cover
CGT Business Asset Disposal Relief, Airbnb Reporting, Rent Covered by Rent a Room Relief
November 16, 2020
CGT BUSINESS ASSET DISPOSAL RELIEF LIFETIME LIMIT JUST £1 MILLION In the March 2021 Budget it was announced that CGT Entrepreneurs’ relief (ER) was replaced
CGT Business Asset Disposal Relief, Airbnb Reporting, Rent Covered By Rent A Room Relief
November 16, 2020
CGT BUSINESS ASSET DISPOSAL RELIEF LIFETIME LIMIT JUST £1 MILLION In the March 2021 Budget it was announced that CGT Entrepreneurs’ relief (ER) was replaced
