CHRISTMAS CHARITIES

We are delighted to be able to donate to the following charities this year at Christmas. CAYSH Based in Croydon, CAYSH works with young people facing homelessness in London, providing safe homes and support to enable them to achieve their potential. Their clients help to design their services which makes them truly effective for funders. […]

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BREXIT – RULES FROM 1 JANUARY 2021

BREXIT KEY POINTS – A REMINDER (written 19 November) Travel If you are travelling to the EU from the UK after the 1 January 2021 then check out the Government website “Visit Europe from 1 January 2021”. This page tells you how to prepare if you’re planning on travelling to Europe from 1 January 2021. […]

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TAX DIARY DECEMBER 2020/JANUARY 2021

Date What’s Due 1/12/20 Corporation tax for year to 28/02/2020 unless quarterly instalments apply 19/12/20 PAYE & NIC deductions, and CIS return and tax, for month to 5/12/20 (due 22/12 if you pay electronically)   30/12/20 Deadline for filing 2019/20 tax return online in order to request that HMRC collect outstanding tax via the 2021/22 […]

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STAFF GIFTS AT CHRISTMAS

HMRC have recently announced that employers may arrange a “virtual” Christmas party this year and there will be no taxable benefit for employees provided that all staff are invited and the cost per head does not exceed the normal £150 limit. In addition to this, remember that certain gifts to staff at Christmas are also […]

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GIFTS TO CHARITY

Where possible taxpayers should “Gift Aid” any payments to charity to provide additional benefit to the charity. Higher rate taxpayers obtain additional tax relief on the grossed up amount donated. For example, where an individual makes a £20 cash donation to charity the charity is able to reclaim a further £5 from HMRC making a […]

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