Save Tax – Plan for Your Pension

Save Tax – Plan for Your Pension

For most taxpayers, the maximum pension contribution is £40,000 each tax year, although this depends on earnings. Click here to check if you are caught by the Tapered Pensions Tax. This limit covers contributions by both the individual and their employer. Unused...
Feel Good and Save Tax with Gift Aid

Feel Good and Save Tax with Gift Aid

Gift aid is an income tax relief scheme, whereby tax paying individuals can offset charitable donations against their taxable income. The registered charities are able to reclaim tax on any donation they receive, both parties benefit from gift aid. If you are a basic...
Save Tax in 2018/19

Save Tax in 2018/19

The tax rate is due to change, it was announced by the chancellor in the Autumn Statement. The lower personal tax rate will increase from £11,850 to £12,500 or £50,000 for higher taxpayers from April 2019. The increase of the tax threshold means you will pay less tax...
Should You Register for VAT?

Should You Register for VAT?

Many companies question whether they should register for VAT or not. In this blog, I discuss what VAT is as the benefits and drawbacks of being registered. VAT is a minefield and raises many questions, so I have put this blog together to help you decide whether or not...