Deciding what income needs to be brought in to the Statement of Financial Activities (SOFA) continues to be difficult for many charities. There are several factors to consider and this is an area that is difficult to get right. There are three main criteria that need to be considered before […]
With the increase in use of the internet more and more people now turn to Google to answer their queries rather than to their adviser. This is becoming more and more evident when we sit down with clients and ask them why they have done certain things or how they […]
We have agreed the date of the next property conference as 13 November 2013. As always we are working to hard to ensure that the presentations at the event are interesting and relevant. Our own Martin Wardle will be giving an update of tax matters at the coming event and […]
HM Revenue & Customs has published detailed guidance for charities and CASCs on the new Gift Aid Small Donations Scheme. The Gift Aid Small Donations Scheme (GASDS) applies to small donations collected from 6 April 2013. This scheme allows eligible charities and Community Amateur Sports Clubs (CASCs) to claim a […]
If you claim Working or Child Tax Credits you need to renew your claim for 2013/14 by 31 July 2013. The tax credit renewal cannot be done online it can only be done on paper. Previous claimants should have received their tax credit renewal pack by 28 June but if you […]
HMRC’s latest “disclosure opportunity” is aimed at individuals who have failed to submit their self assessment (SA) tax returns for 2011/12 or earlier. A similar campaign happened last Summer in respect of outstanding SA returns for 2009/10 and earlier. HMRC say last year’s campaign yielded over £30 million in unpaid […]
Further to last week’s property conference it was great to see so many people supporting the event and yet again. We have uploaded our photographs for the event to our Facebook. To see them please click here. You do not need to be a Facebook user to see them. As […]
A self-employed scaffolder from Sunderland who evaded payments of £56,000 in VAT and income tax has been jailed for nine months following an HMRC investigation. Joseph Dellett was declared bankrupt in 2007 with debts of over £70,000. However, HMRC officers found that he continued to operate ‘below the radar’, without […]
