by admin | Jun 1, 2023 | HMRC notices |
If you are selling your company, there are important actions you must take to properly finalise your affairs. Please note that this is not an exhaustive list, and it is important to check what else may be required. We have summarised below some of the main steps you...
by admin | Jun 1, 2023 | HMRC notices |
Charities can claim Gift Aid on donations made by eligible taxpayers. This can boost donations by an extra 25% if the donor makes a Gift Aid Declaration (GAD). To claim Gift Aid, charities need to obtain a Gift Aid declaration from the donor. It should state that...
by admin | May 25, 2023 | HMRC notices |
The gift aid scheme, which was originally introduced in 1990, allows charities to reclaim from HMRC the basic rate of Income Tax deducted from qualifying donations by UK taxpayers. This means that when a basic rate taxpayer claims gift aid on a £10...
by admin | May 18, 2023 | HMRC notices |
In April 2022, the government announced a package of measures intended to make the UK a global cryptoasset technology hub. One of the issues raised at the time concerned the tax treatment of Decentralised Finance (DeFi) and staking. DeFi lending and staking...
by admin | May 4, 2023 | HMRC notices |
There are a number of responsibilities that fall on a landlord that is renting out a property. These include the requirements to: keep rented properties safe and free from health hazards; make sure all gas equipment and electrical equipment is safely...
by admin | Apr 27, 2023 | HMRC notices |
The settlements legislation is contained in s.624 ITTOIA 2005. The legislation seeks to ensure that where a settlor has retained an interest in property in a settlement that the income arising is treated as the settlor’s income for all tax purposes. A settlor...
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