Have you used your 2015/16 £11,100 annual exemption? Consider selling shares where the gain is less than £11,100 before 6 April 2016. Also, if you have any worthless shares, consider a negligible value
Higher rate taxpayers should make any charitable payments under Gift Aid so that they obtain additional tax relief. The charity will also be able to reclaim the basic rate tax from HMRC making
Take advantage of the pension carry forward rules in order to benefit from any unused allowances from the previous three tax years. This is generally the difference between the old £50,000 annual pension
For every £2 that your adjusted net income exceeds £100,000, the £10,600 personal allowance is reduced by £1. Pension contributions and Gift Aid can help to reduce adjusted net income and save tax
Tax Planning for the New Tax Year 5th April 2016 Your guide to the year-end tax planning and beyond Action required before 6 April 2016 While some of us like to keep our
Tax diary: All the main tax events for February / March 2016 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months
End of year PAYE return reminder Under RTI the end of year form P35 was replaced by the Final Full Payment (FPS) submission. Send your final FPS on or before your employees’
RTI concessions for small employers to end from 6 April 2016 The Government announced at Autumn Statement 2015 that the current two year temporary reporting relaxation will end as planned on 5
Tax charge on annuity sales to be reduced from April 2017 The Government has confirmed that from 6 April 2017, tax restrictions for people looking to sell annuities will be removed, giving
Does your company operate in an enterprise zone? If your company is located in one of the 30 or so enterprise zones, there are significant Government incentives to encourage investment. HMRC have
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