Blog

Stamping Out Fraud In Fundraising

Fundraising is a fundamental source of income for charities and without it many would not exist at all.

Blog

A few points from the ‘Budget 2018’

The Chancellor brought forward an election pledge to increase both the Personal Allowance and Higher Rate tax band, affecting 32 million people. From April 2019, the Personal allowance will increase to £12,500, while the higher rate tax threshold will be £50,000, rising from £11,850 and £46,351 respectively.

Blog

Encouraging House- Builders to Build – An Update

Alongside the Budget held earlier this week, Sir Oliver published his final findings. There had been much speculation that the report was to conclude that large house-builders were land-banking, the practice of buying up undeveloped land purely as an investment, with no plans to develop the land in the short-term.

Blog, Property

Cryptocurrency Gains are not tax free

The Association of Taxation Technicians (ATT) has issued a warning to individuals who have been investing or trading in cryptoassets to make sure that any tax consequences are reported to HMRC.

Blog

Planning for MTD

Making Tax Digital (“MTD”) is a relatively new acronym for small business and for all tax payers but it represents a significant change in how we will all be recording and return or VAT, income tax and corporation tax information. And it starts three days after Brexit.

Blog

Communication with Management is the key

Auditors have a duty and responsibility to report their audit findings to those charged with governance in accordance with the International standards on auditing (ISA) 260. This is typically presented in a management letter or discussed at the finalisation meeting.

Blog

Cleansing Mixed Fund Accounts

On 6 April 2017 a major regime change came into force affecting the way that UK resident non-domiciles are taxed. The impact of the changes meant that some non-domiciled individuals became deemed domiciled on 6 April 2017.

Blog

Dividends – Legal and Illegal

One of the benefits of operating through a limited company is that it gives the owner managed company an opportunity for the director/shareholders to extract profits out of the company tax efficiently.

Blog

People and Charities

Charities are continually faced with rising costs and increased burden from compliance with the law, particularly the smaller charities. There is huge responsibility placed on the trustees to ensure the charity complies with the law and for them to make the best decisions in the interest for the charity and the public.

Blog

State Aid Approval of EMI Share Options

Smaller and early stage companies are often cash constrained and less able to pay salaries than larger organisations, and the generous use of share options allows these companies to compete with larger organisations for key staff.

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