by admin | Jul 6, 2023 | Uncategorized
The Gift Aid scheme is available to all UK taxpayers. The charity or Community Amateur Sports Clubs (CASC) concerned can take a taxpayer’s donation and, provided all the qualifying conditions are met, can reclaim the basic rate tax which provides an extra 25p...
by admin | Jul 6, 2023 | Uncategorized
As with the Income Tax personal allowances, taxpayers have an annual exempt amount for Capital Gains Tax (CGT) which is forfeited if not used. The annual exemption for individuals in 2023-24 was reduced to £6,000 (from £12,300) and is set to be...
by admin | Jul 6, 2023 | Uncategorized
The bankruptcy process applies to individuals living in England, Wales or Northern Ireland. There is a separate bankruptcy process sometimes known as sequestration in Scotland. Bankruptcy is a form of insolvency and is normally suitable for those who are unable...
by admin | Jul 6, 2023 | Uncategorized
Copyright protects your work and stops others from using it without your permission. You get copyright protection automatically – you don’t have to apply or pay a fee. There isn’t a register of copyright works in the UK. You automatically get...
by admin | Jun 29, 2023 | Uncategorized
The marriage allowance is available to married couples and those in a civil partnership where a spouse or civil partner does not pay tax or does not pay tax above the basic rate threshold for Income Tax (i.e., one of the couples must currently earn less than the...