by VelocityAS | Apr 1, 2022 | Accounting, capital allowance, Corporation Tax, Dividends, Finance, Shares, Tax
The new tax year on April 6 is accelerating quickly towards us, and now is the time to make sure that any last-minute allowances you may not have made the most of in the 2021/22 tax year are mopped up. There are plenty of allowances that have a time limit on each tax... 
by VelocityAS | Mar 1, 2021 | Charity, COVID-19, HMRC, income, Self Assessment, Tax
If you are a taxpayer and you make a Gift Aid declaration when making a donation to a charity, the charity can reclaim basic rate tax on your donation. Tax relief on the donation A donation made under Gift Aid is treated as being made net of the basic rate of tax,...