Charity Bequests

If you have ever considered leaving money to charity in your will then you are not alone. New research by Smee & Ford has revealed that some 15% of wills include a charitable bequest and that this figure is on the rise. Given the time taken to finalise probate, figures for 2015 not yet available;…

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Tax changes hit gift aid

In our March article ‘Use it or lose it’ we commented about the way in which changes in the 2016/17 tax year could affect gift aid. This is such an important subject, particularly for charities and for those who make regular donations, that it deserves an article on its own. Let’s start by looking at…

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Use it or lose it

For many in 2016 the return from the Easter break characterises one thing; the fast-approaching end of the tax year.  As in previous years, those who are in position to make the most of their annual ISA allowance but have not yet done so are taking action to use their allowance before they lose it…

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Budgeting for tax

Announcements on sugar tax and disability benefits may have drawn the headlines, but there was certainly plenty in the March 2016 budget to make individuals and businesses reappraise their tax planning for the years ahead. For effective planning the ‘devil is in the detail’ and as with any budget some of the detail is still…

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Tax Simplification For Small Business

“Tax need not be taxing” so the saying goes but it can sometimes be difficult to cut through speculation, proposal and rumour and get to the heart of how tax should actually be calculated. This is particularly true around Budget time when business organisations and interested parties are all engaged in putting forward their ideas…

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