Buying Property Across UK Borders

Now that Wales and Scotland each has its own property tax regime, the rules affecting the purchase of property have changed. Close attention to detail will be needed to ensure that correct procedures are adhered to.

Save Energy, Save Tax – With Enhanced Capital Allowances

Did you know that a business which invests in energy-saving plant or machinery may be able to take advantage of an HMRC tax break?

Employee Rights: Shared Parental Leave

Following suggestions that less than half the public is aware of the scheme, HMRC are promoting awareness of Shared Parental Leave (SPL) rights among employees.

IR35 – Change Ahead?

Over the last months, there have been several tax tribunal cases involving IR35 contractors – is change ahead?

Income or Gains From Abroad?

There are new tough penalties on the horizon for UK taxpayers who haven’t told HMRC about foreign income or gains on which UK tax may be due.

Charity Newsletter Summer 2018

Our Charity News includes useful guidance on keeping vulnerable beneficiaries, employees and volunteers safe. We also consider the impact of the General Data Protection Regulation (GDPR), updates on Charitable Incorporated Organisations and other pertinent issues giving you the inside track on the sector’s current hot topics and latest guidance.

Consultations – Charity Newsletter Summer 2018

Reforming Charity Tax The Charity Tax Commission (the Commission) was established by The National Council for Voluntary Organisations (NCVO) last year in order to undertake a full review of the charity tax system (including business rates relief, Gift Aid and VAT relief). The last review was performed over 20 years ago and since then the …

Accountancy and Tax Update – Charity Newsletter Summer 2018

SORP and Accounting The CCEW and OSCR, who together are the SORP-making body, are inviting comments on amendments to the Charities Statement of Recommended Practice (SORP) following the amendments to UK & Irish accounting standards (FRS 102) ‘Triennial Review 2017’. The changes will come into effect for accounting periods beginning on or after 1 January …

Legislative Update – Charity Newsletter Summer 2018

General Data Protection Regulation From 25 May 2018, the General Data Protection Regulation (GDPR) will come into force. The aim is to bring data protection legislation into line with how personal data is used in today’s world, and will supersede the Data Protection Act 1998. The GDPR applies to ‘controllers’ and ‘processors’ of data. It …