There are many joys in being a trustee of a charity, including that sense of wellbeing which is present when realising that the time and effort along with the responsibilities of the position mean that the charity which one is supporting can achieve its objects. That is why we take on the role of trustee and why we are prepared to allocate time and expertise to the voluntary role. Knowing that the charitable purpose is being achieved in part down to our input is often all the thanks we require.
We are often asked to consider what the best trading structure for a business might be, and with that the tax benefits of trading through a limited company can be a major influencing factor.
Our agricultural consultancy team has been further strengthened by the arrival of Angela Blackman.
For many tax advisors January is one of the busiest times of the year having to deal with the personal tax filing deadline of 31 January. With under a week to go HMRC estimated that just over 3million returns were still to be filed, representing around 27% of all returns expected. With so much to do it can be easy for individuals to focus on meeting filing deadlines and to forget about planning opportunities for the current year.
HMRC has released the best excuses for late tax return and expense claims ahead of the 31 January deadline, and they are brilliant...
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