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‘Tis the season for Giving – Gift Aid and Tax Relief

The lead up to Christmas is a popular time for charitable donations. In fact, November and December are peak months for giving, largely due to established fundraising campaigns, as a recent study into Giving showed. Although there are now fewer people giving money to charity, those who do give are giving more money than before.…Read More

A Guide to Employee Ownership Trusts (EOT)

Overview What is an EOT? An EOT is a form of employee benefit trust which offers generous tax reliefs to encourage shareholders to sell a controlling interest in their companies and promote employee ownership. EOT’s were introduced by the government in 2014. When would an EOT be useful? An EOT may be useful if you,…Read More

Making Tax Digital – What is it and how does it affect my business?

All the way back in 2015 the then Chancellor of the Exchequer announced in the spring budget that he wanted businesses and individuals to have an online account with HMRC to declare income and tax information on a regular basis.  To date there has been a significant amount of work that has been carried out…Read More

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