Laura Cross, Trusts and Estates Senior at BWMacfarlane has given an insight into STEP (Society of Trusts & Estates Practitioners) Liverpool, looking at her role their as Treasurer and how she first got involved in the branch. Find out more about Laura Cross interview with STEP Liverpool here Get involved: An interview with Laura Cross … Continued
Have you claimed your Employment Allowance yet?
Don’t lose out, do it today. The Employment Allowance offers businesses and charities a reduction of up to £2,000 in the amount of employer Class 1 National Insurance contributions (NICs) they have to pay every year. You can claim the Employment Allowance after the start of the tax year as long as your business or … Continued
Charity regulator announces changes to the annual return for charities
The Charity Commission has today announced changes to the annual return, the tool it uses to hold charities accountable to the public. The regulator says the changes, which will apply when charities report on their financial years ending in 2015, will strengthen its ability to identify risk and will ensure people have access to the … Continued
Do you want an LJMU Funded Graduate Intern?
Liverpool John Moores University (LJMU) is committed to supporting and preparing graduates for the world of work. LJMU’s World of Work Careers Centre is inviting employers and organisations to participate in the LJMU funded Career Accelerator Internship Programme and is offering Merseyside based employers the opportunity to facilitate a 20 day internship at their organisation. … Continued
New organisation to arrange free data security support for charities
A new scheme matching up IT professionals from the private sector to provide free advice on security and data protection to charities has been announced. The GiveADay initiative will see senior technology professionals from UK companies paired up with charities according to their needs. So far almost 100 IT professionals, including Andrezj Kawalec, chief technology … Continued
High income child benefit charge
Child benefit started to be taxed from 9 January 2013, but only in cases where the claimant or their partner received income of over £50,000 a year. HMRC have been writing to those individuals who said they had received child benefit and earned over £50,000 in 2012/13, but who did not themselves actually pay the … Continued
No tax deduction for sponsorship
A recent case before the Court of Appeal has determined that a particular company was not allowed tax relief on their sponsorship of a rugby club, as there was “duality of purpose”. The payments in question were posted to “marketing and advertising” in the company’s accounts. In order to secure tax relief against trading profits, … Continued
RTI penalties delayed again
As advised in earlier newsletters, automatic in-year RTI late filing penalties start on 6 October 2014. However, HM Revenue and Customs have recently announced that the start date for penalties on PAYE schemes that have fewer than 50 employees will now be delayed until 6 March 2015. HMRC have said that the extra time will … Continued
Fewer SMEs using bank finance
The proportion of SMEs using traditional forms of finance fell in the second quarter of 2014, according to research by BDRC Continental. BDRC’s latest figures revealed that 30% of SMEs used ‘core’ finance – overdrafts, loans and credit cards – in Q2 2014 compared to 36% in the same period in 2012. The research found … Continued
Record confidence among small businesses
Confidence among small businesses has reached record levels, research by the Federation of Small Businesses (FSB) has shown. The FSB survey revealed that small firms in all sectors improved their outlook for the fourth quarter of 2014. Personal services experienced the biggest increase in confidence during Q3, while the financial services sector remains the most … Continued