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Posts tagged accounting

What has HMRC changed on Gift Aid?

What has HMRC changed on Gift Aid?

Gift Aid is an important source of income for many charities and is now worth £1.35bn a year to the charity sector. All UK charities can benefit from Gift Aid but according to HMRC, many are failing to take advantage of it, mainly through a lack of understanding. HMRC research suggests that 25% of charitable […]

Tax-Free Childcare Scheme offers up t...

Tax-Free Childcare Scheme offers up to £2,000 a year per child

You can get up to £500 every 3 months (£2,000 a year) for each of your children to help with the costs of childcare. If you get Tax-Free Childcare, the government will pay £2 for every £8 you pay your childcare provider. This is paid via an online childcare account that you set up for […]

Brexit causes delay on Budget

Brexit causes delay on Budget

  On 14 October, the government announced that the Chancellor of the Exchequer (currently Sajid Javid) would present his Budget Statement to the House of Commons on 6 November. But that was before the government lost yet another vote in Parliament, this one over the timetabling of the Withdrawal Agreement Bill (WAB) which legislates for […]

OFF-PAYROLL WORKING RULES GOING AHEAD

OFF-PAYROLL WORKING RULES GOING AHEAD

  The draft Finance Bill clauses issued for consultation on 11 July include legislation to extend the “off-payroll” working rules to the private sector from 6 April 2020. These changes will have significant implications for workers providing their services through personal service companies and also the end user organisations that engage such workers. End users […]

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