Author: JW / March 30, 2016 3:27 pm / Latest News

Charity Spin

Stopford’s own Jess Wilson took part in a Charity spin held by one of our Clients, Velocity Spinning Centre, based on Storforth Lane, Chesterfield.

Author: JW / 12:15 pm / Latest News

Exemption for Trivial Benefits In Kind

The Office of Tax Simplification has made a number of recommendations to the government to simplify the tax rules for reporting benefits in kind and expenses paid on behalf of directors and employees.

Author: JW / 9:23 am / Latest News

Runners Up at Question of Sport Evening

Stopfords took 2nd place at this year’s Question of Sport Evening hosted by the Mansfield Armchair Club at the Mansfield Town Football Club Corporate Venue, 851 Suite. Glen and the Stopfords Team, consisting of clients and contacts, pulled together their sporting knowledge to secure the runners up place.

Author: JW / March 23, 2016 4:33 pm / Latest News

Make Charitable Payments Under Gift Aid To Save More Tax

Higher rate taxpayers should make any charitable payments under Gift Aid so that they obtain additional tax relief.

Author: JW / 12:45 pm / Latest News

Reminder for all Contractor’s in the Construction Industry Scheme

From April 2016 all contractors will have to submit their CIS monthly returns online and HM Revenue and Customs will no longer accept paper returns from this date.

Any contractor’s that are still filing paper returns will need to register for HMRC’s CIS online service by visiting the following link https://online.hmrc.gov.uk/registration/organisation

Author: JW / 9:45 am / Latest News

Delay Replacing Furniture in Buy To Lets Until April 6 April 2016

Tax relief for the replacement of furniture, including white goods, is being reinstated where the expenditure is incurred on or after 6 April 2016

Author: JW / March 22, 2016 10:16 am / Latest News

Inheritance Tax Planning Before 6 April

Have you made use of your annual Inheritance Tax (IHT) exemptions? The annual exemption is £3,000 per donor (plus last year’s £3,000 exemption if you did not use it).

Author: JW / March 21, 2016 11:11 am / Latest News

Have you used your 2015/16 ISA Allowance?

Your maximum annual investment in ISAs for 2015/16 is £15,240. Your investment needs to be made before 6 April 2016.

Author: JW / March 17, 2016 12:36 pm / Latest News

Year End Pension Planning

Take advantage of the pension carry forward rules in order to benefit from any unused allowances from the previous three tax years. This is generally the difference between the old £50,000 annual pension allowance and your pension input that year and can be added to your relief for 2015/16.

Author: JW / 9:09 am / Latest News

2016 Budget Summary

George Osborne announced the 2016 Budget to Parliament on 16 March. In his speech the Chancellor reported ‘an economy set to grow faster than any other major advanced economy in the world’.