Many people make regular donations to charities, but are unaware that they can claim back the tax on the money they give. As long as the organisation is a registered charity or a community amateur sports club (CASC), then you get tax relief on the donation you make. When making donations as a Limited Company
During the month of July, we were delighted to be the primary sponsor for Chichester BID’s Proudly Independent, Proudly Chichester campaign, which was an initiative created to celebrate and support the city’s independent business owners. As an independent business ourselves, with an office right in Chichester city centre, we are hugely passionate about supporting local
For our next Client Feature, I spoke to Becca Stisted owner of HOST, an independent, speciality, small batch coffee roastery based in Chichester. Tell us a little bit about your business, how it started etc? Forever I have championed the independent coffee shop as a customer and, as someone who is interested in the ‘behind-the-scenes’
HMRC has reinstated its self-assessment helpline as of Monday 4th September, after a three-month closure. The temporary closure was put in place on 12 June to give HMRC time to deal with more urgent phone enquiries by reallocating staff to other departments as the helpline generally receives fewer calls over the summer. Taxpayers were encouraged
If you are self-employed and haven’t submitted a tax return before, you must register for self-assessment by 5 October 2023. The deadline for completing self-assessment tax returns for 2022-23 is 31 January 2024. You must tell HMRC by 5th October if you need to complete a tax return and you have not sent one before,
The requirement to make National Insurance contributions applies to UK Employers, Employees (including Company Directors) and Self-employed individuals. Making sure you understand the different types of National Insurance contributions is vital when running your business. What are National Insurance Contributions? National insurance contributions (NICs) are essentially a tax on earned income that individuals and Employers
Blue Spire are absolutely delighted to be the principal sponsor for Chichester BID’s Proudly Independent, Proudly Chichester campaign. Photo Credit: Maxwell Media This initiative aims to celebrate and support Chichester’s independent business owners and will run throughout the month of July alongside Independent Retailers Month. As an independent business ourselves, with an office right in
HMRC recently revealed that the number of self-assessment taxpayers filing their tax returns on the first day of the tax year has more than doubled since 2018, with more than 77,500 customers submitting their tax returns for the 2022/23 tax year on 6 April 2023. The deadline to file tax returns for the 2022/23 tax year is
Following the Covid-19 pandemic, the working world has changed in many ways, from how we work to where we work. Most businesses now offer a more flexible approach with regards to working from home, or what is known as hybrid working – with employees splitting time between home and being on-site. But what about the
Getting on the property ladder has become increasingly harder for young people in the UK, and contributions from parents and other family members have become much more common to help first-time buyers with a house purchase. The “Bank of Mum and Dad” as it is often referred to, is gifting money to help young people
The Charity Commission for England and Wales have published their guide for Charity Annual Returns being prepared for years ending in 2023, and there are a few changes which we summarise below. You may be aware that the Charity Commission launched a consultation during 2022 on changing the questions in the Charity Annual Return. Following
Below is a link to our 2023/24 tax rates card, which summarises many of the rates and allowances fundamental to our business and personal lives. Our tax card contains information on income tax rates. It also includes information on property and inheritance taxes as well as business, employment and capital gains taxes. You can view
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