Recent reports in the national media have suggested that HMRC has sought to restrict Gift Aid on donations which are accompanied by a message of support from a donor’s family. According to a recent announcement by HMRC this is absolutely not the case. HMRC’s position as set out in their recent website posting is reproduced […]
Monthly Archives: March 2016
HMRC have updated their online “top ten things you should know about the new tax-free childcare scheme”. The notes are reproduced below and they provide parents with and easy read overview of the changes that will start early 2017: 1. You’ll be able to open an online account You’ll be able to open an online […]
The Treasury seems to be committed to wringing the last available drop of tax revenue from the buy-to-let sector. In the Budget last week the rate of capital gains tax (CGT) was reduced from 6 April 2016. From 28% to 20% if the gains fell to be taxed as part of the higher rate tax […]