Author Archives: bwmwp

Home / Articles posted by bwmwp ( - Page 95)
Comments Off on Gift Aid claims to all be processed online by Charities from 1 Oct 2013

Gift Aid claims to all be processed online by Charities from 1 Oct 2013

Gift Aid claims to all be processed online by Charities from 1 Oct 2013

Charities must make all Gift Aid claims using the new system ‘Charities Online’ from October 1st 2013 and HM Revenue & Customs has written to charities, who haven’t yet signed up to the new online Gift Aid system to remind them that the old paper claim forms will not be accepted from September 30th 2013. … Continued

Comments Off on ‘Zero-Hours’ Contract under scrutiny

‘Zero-Hours’ Contract under scrutiny

The Chartered Institute of Personnel Development defines a zero-hours contract as an arrangement where someone agrees to be available for work when required without a specific number of hours or times of work. Employers are not required to offer work to employees on these contracts and employees are not obliged to accept any work offered … Continued

Comments Off on TAX DIARY OF MAIN EVENTS FOR AUGUST/SEPTEMBER 2013

TAX DIARY OF MAIN EVENTS FOR AUGUST/SEPTEMBER 2013

Date What’s Due 1 August Corporation tax for year to 31/10/12 19 August PAYE & NIC   deductions, and CIS return and tax, for month to 5/8/13 1 September (due 22 August if you   pay electronically) 19 September Corporation tax for   year to 30/11/12   Any questions please contact John Elliot or Sue … Continued

Comments Off on EXTRA CORPORATION TAX RELIEF FOR THE CREATIVE SECTOR

EXTRA CORPORATION TAX RELIEF FOR THE CREATIVE SECTOR

EXTRA CORPORATION TAX RELIEF FOR THE CREATIVE SECTOR

If you run a business involving the creation of animation programmes, high-end TV programmes, or video games, you can look forward to extra tax relief on the production costs. This results in corporation tax relief on no less than 200% of the actual costs on UK expenditure up to a maximum of 80% of the … Continued

Comments Off on CGT PRIVATE RESIDENCE RELIEF – IS IT A RESIDENCE?

CGT PRIVATE RESIDENCE RELIEF – IS IT A RESIDENCE?

CGT PRIVATE RESIDENCE RELIEF – IS IT A RESIDENCE?

To stand any chance of the gain on sale of a residential property being wholly or partly exempt from tax, one of the requirements is that you can show it was used as your only or main residence.   There are a growing number of tax tribunal cases on this issue, where whether or not … Continued

Comments Off on Economic Update: August 2013

Economic Update: August 2013

Economic Update: August 2013

Is the UK finally on the road to economic recovery? We take a look at how our economy has fared over the last six months. Looking back Although economic recovery in the UK remains slower than anyone would like, the past six months have shown encouraging signs of an economy beginning to get back on … Continued

Comments Off on YOUR MONEY

YOUR MONEY

YOUR MONEY

Buy-to-let property investment: do your sums A shortage of affordable homes and squeezed incomes has led to a drop in the number of first-time home buyers, according to data from the Council of Mortgage Lenders (CML). In contrast, the CML found a huge expansion of the buy-to-let sector, there were 400,000 buy-to-let loans worth £39 … Continued

Comments Off on Customer data rights awareness

Customer data rights awareness

Customer data rights awareness

Under the Data Protection Act, any business, organisation or sole trader handling personal individual information has a legal obligation to protect this data. According to the Information Commissioner’s Office (ICO), consumers are showing an increasing awareness of how their data should be handled, with a knock on effect to their attitude towards businesses. It prompted … Continued

Comments Off on Employee-owned businesses and tax incentives

Employee-owned businesses and tax incentives

The Government is increasing the number of tax incentives associated with employee share schemes in a bid to boost the number of John Lewis-style, employee-owned businesses in the UK. The independent Nuttall Review in 2012 concluded that companies operating in this model are more resilient during economic downturns, have a faster job creation rate and … Continued

Comments Off on Business red tape – cuts and new regulations

Business red tape – cuts and new regulations

Business red tape – cuts and new regulations

Published twice a year, the Government’s Statement of New Regulations details all regulations – including EU measures – due to come into effect over the following six months. As part of the Government’s ongoing drive to reduce the red tape burden on businesses, July’s statement introduces 11 measures: five de-regulatory measures; three new measures which … Continued