BRYDEN JOHNSON CHRISTMAS CHARITIES

We are delighted to be able to donate to the following charities this year at Christmas. REIGATE AND BANSTEAD WOMENS REFUGE (RBWA) RBWA is a small independent charity dedicated to changing the lives of women and children fleeing abuse. Founded in 1984 they have provide thousands of women and children with safety and freedom. https://www.rbwa.org.uk/ CAYSH […]

Read More

GIVING GIFTS TO CHARITY

Where possible taxpayers should “Gift Aid” any payments to charity to provide a further 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 […]

Read More

TRUST PLANNING OPPORTUNITY STILL AVAILABLE

One tax planning strategy that is still available despite rumours that it would be closed in the Budget was the CGT hold over relief when assets are transferred into or out of a trust. This relief currently enables a non-business asset, such as an investment property, to be transferred without paying CGT. The relief applies […]

Read More

A TIME FOR GIVING?

Many were expecting the chancellor to announce changes to inheritance tax (IHT) in his Autumn Budget, However, like capital gains tax (CGT), the rules have remained broadly the same as last year. That means that each tax year individuals may make gifts of up to £3,000 in total and that amount is not included in […]

Read More