Where a donation is made under Gift Aid, the donation is treated as if it is made net of basic rate of tax. The charity is able to claim back 25p for every £1 donated – the equivalent of the basic rate of tax of 20% on the gross donation.
HMRC have issued paper copies of Simple Assessments where these had previously been issued digitally. However, if you have already paid the amount shown on the digital assessment, you do not need to pay again on receipt of a paper assessment.
RPGCC’s Wes Mason, Partner and Matt King, Director at RPG Crouch Chapman Financial Services Limited were delighted to be invited by Simon Coulson of Internet Business School LLP to present at a Financial Awareness Training day.
Research & Development tax relief can provide valuable financial support to a qualifying business that is investing in innovation and developing new products, services or processes.
It’s not something most people like to think about, but it’s essential to make proper preparations for when you’re no longer around to look after your family and your business.
Overview A major change in the way that we file tax returns is coming. Making Tax Digital is part of the Government’s drive to get all businesses away from using paper records. From April 2024 this will necessarily involve all businesses that turnover more than...
We are delighted to find out that we have made the top half of the Accountancy Age Mid-Tier Power Index 2022, which is an index of mid-tier firms in the UK that champion accountancy excellence. The index is judged on four key categories: Strategic Planning,...
The Register of Overseas Entities came into force in the UK on 1 August 2022 through the new Economic Crime (Transparency and Enforcement) Act 2022. The register will be maintained by Companies House. Any overseas entity which owns UK property will need to register...
Recent changes to R&D guidance may restrict cash refunds if the company uses mainly sub-contractors and pay limited PAYE/NIC, but the claim itself is not restricted where not exchanged for a repayable tax credit and will still be worth making in the vast majority...
Wednesday 6 April marked the first day of the new tax year and with it a host of new tax deadlines for you to keep in your calendar as a business owner. Here is a brief summary of what you need to do and when.
Cash is the lifeblood of any business, so you need to make sure you have effective cashflow management. Is yours strong enough to see you hit your goals for the year?
A form P11D is required for each employee or director who is in receipt of taxable benefits in kind that are not put through payroll. Benefits include the provision of a company car or van, medical insurance, low interest or interest free loans and more. The...
Our team of London Chartered Accountants and Auditors are here to help and nothing helps more than a one-to-one conversation. Let’s talk today to find out how we can make your business and your life run more smoothly.
